MoviePass Claims Momentum Despite Losing $126.6 Million Last Quarter

It probably wasn’t the way that MoviePass and Helios & Matheson imagined spending their one-year anniversary. On Tuesday, the two companies that have upended the exhibition industry with their low-cost subscription service revealed that MoviePass lost an astonishing $126.6 million during the most recent fiscal quarter. – Brent Lang, Variety https://ift.tt/2MrGAUR
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