MoviePass Has Been Losing Even More Money Than We Thought


The service’s parent company revealed in its third-quarter financial report “that the money-losing subscription service has fewer subscribers than previously disclosed, causing the firm to restate its revenue downward by 8.2 percent [$6.6 million] and its losses upward by 7.7 percent [$6.7 million].” – The Hollywood Reporter


Tags: Art, Media, 03.12.19

Source:  http://feedproxy.google.com/~r/Artsjournal/~3/7hc7SVIxiCU/moviepass-has-been-losing-even-more-money-than-we-thought.html



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