Posts filtered by tags: Moviepass[x]


 

MoviePass is bringing back an unlimited plan, but there's a catch

MoviePass will bring back a $9.95-per-month unlimited plan in the coming days, a source with knowledge of the decision told Business Insider. But the unlimited plan will have restrictions on those with "excessive individual usage." This comes on the heels of the company saying it would restructure its business model to work more closely with MoviePass Films.   MoviePass is bringing back an unlimited plan. Despite the recent exodus of executives and managers at the company, the movie-ticket su...
Tags: Trends, Moviepass, Business Insider, Khalid Itum, Asia Kate Dillion


The CFO of MoviePass' parent company has resigned, as the executive exodus continues

Helios and Matheson Analytics CFO Stuart Benson has resigned, according to an SEC filing by the company on Friday. The filing said Benson is leaving the company, which is the owner of MoviePass, to "accept another employment opportunity." Business Insider reported Wednesday that MoviePass executive vice president Khalid Itum and three other management-level staff had resigned in the last few weeks.   In a filing with the Securities and Exchange Commission on Friday, Helios and Matheson Analyt...
Tags: Beyonce, Trends, SEC, Moviepass, Helios, Benson, Matheson, ITUM, Stuart Benson, Khalid Itum, CFO of MoviePass, Matheson Analytics CFO Stuart Benson


Top MoviePass Executive Khalid Itum Leaves Company

Khalid Itum, the executive tasked with overseeing day-to-day operations at MoviePass, has left the struggling subscription service, Variety has confirmed. Insiders had previously said Itum had been largely absent in recent weeks and MoviePass CEO Mitch Lowe had assumed more of a leadership role after previously stepping back. According to a spokesperson for the company, […]
Tags: News, Moviepass, Mitch Lowe, ITUM, Khalid Itum, MoviePass Executive Khalid Itum Leaves Company


The MoviePass exec running day-to-day operations has resigned along with 3 other managers

MoviePass executive vice president Khalid Itum has resigned, several sources with knowledge of the decision told Business Insider. Itum's exit follows growing frustration about the direction the company is headed, the sources said. Itum had been running the day-to-day operations at MoviePass since late last year. At least three other management-level staff also resigned in the last few weeks.   MoviePass executive vice president Khalid Itum has resigned, and his final day at the company will ...
Tags: Beyonce, La, America, Los Angeles, Trends, Moviepass, Helios, Petersen, Matheson, Matheson Analytics, Mitch Lowe, Bernadette McCabe, ITUM, Sinemia, Jake Petersen, Pinar Toprak


Does Anyone Still Work at MoviePass? 

At least a dozen times in the past year I could have sworn Moviepass—the spectacular theater subscription flameout venture—had finally gone bankrupt. Certain movies were unavailable, prices were raised and funding got tight, the unlimited plan died and was reborn worse, and each time one of these catastrophes became…Read more...
Tags: Science, Moviepass, Taps Mic


MoviePass' parent company admits investors can't rely on some of its previous financial statements, and says it underestimated losses

MoviePass' parent company, Helios and Matheson Analytics (HMNY), said in a filing with the Securities and Exchange Commission on Tuesday that its previously issued quarterly and year-to-date financial statements were not accurate. The company said the errors related primarily to the "overstatement of subscription revenues" in the third quarter of 2018 for MoviePass. The result was an underestimated net loss for HMNY of $6.6 million, the company estimated.   In a filing with the Security and E...
Tags: Beyonce, Los Angeles, Trends, SEC, Costco, Samuel L Jackson, Moviepass, Securities And Exchange Commission, Helios, Security and Exchange Commission, Matheson Analytics Inc, HMNY, Helios And Matheson Analytics, Matheson Analytics HMNY


MoviePass Lost More Money in 2018 Than Originally Reported

In another blow to MoviePass, the subscription service’s parent company has been forced to revise its financial disclosures and to acknowledge that its losses were more significant than it initially reported. Helios & Matheson, the service’s owner, said it had net losses of $146.7 million over the quarter ending in September of 2018 as opposed […]
Tags: News, Moviepass, Helios Matheson


Sinemia’s new plan offers movie ticket discounts without a subscription

The world of movie ticket services has been undergoing quite an upheaval over the past year. Yesterday, MoviePass announced a strategic “refocus.” Today’s Sinemia news is decidedly less dramatic, however — as has been the case with most of the company’s recent announcements. It has been toying with ways to tweak its subscription offering, and Sinemia Limitless finds it offering discounts for users outside of the service. Rather than a recurring fee with a set (or unlimited) number of tickets...
Tags: Entertainment, Tech, Movie, Moviepass, Sinemia, Sinemia Limitless


MoviePass Changing Business Model Yet Again, Will Now Focus On Their Own Films

The folks at MoviePass must have realized it’s been a couple of months since their last questionable decision, so they’ve decided to rectify that with a new announcement. The company is shifting their business model yet again, and will now focus more on its own original films. You know, films like Gotti. MoviePass Films will now “accelerate production of projects for theatrical release, and increase distribution deals for retail, home video, and transactional and international sales.” Per Th...
Tags: Movies, Netflix, Mel Gibson, Al Pacino, Moviepass, Helios, Moviefone, Gotti, Business and Industry News, Matheson Analytics, Mitch Lowe, Ted Farnsworth, Boss Level, MoviePass Films, Bruce Willis Michael Chiklis


MoviePass competitor Sinemia says it won't give subscribers details on why it terminated their accounts

In the last week, MoviePass competitor Sinemia has terminated dozens of accounts it claims engaged in "fraudulent activity." But over 50 former Sinemia subscribers have contacted Business Insider claiming their accounts were unfairly canceled. Many of those subscribers said they received an email from Sinemia's customer support saying their account was terminated "by the system automatically," and that the representative "cannot provide any further details." Sinemia confirmed to Business Insid...
Tags: Beyonce, Trends, Moviepass, Business Insider, Sinemia


MoviePass hopes new business model is the ticket following series of woes

The once red-hot movie subscription service announced Wednesday it will prioritize self-generated revenue over dependence on studios and exhibitors.            [Author: USA TODAY]
Tags: Usa, News, Usa Today, Moviepass


After an extremely rough year, MoviePass attempts to ‘refocus’

So, like, maybe you had a bad 2018. But ask yourself: was it MoviePass bad? The company was flying high over the summer with a popular movie ticket subscription service that appeared too good to be true. It was, of course, as it swiftly came down to earth on a pair of melted wax wings. MoviePass has tried all manner of new directions, as it’s hemorrhaged money, including frequently changing plans, fundraising and borrowing money. Producing and purchasing distribution rights to films has long...
Tags: Entertainment, Tech, Wall Street Journal, Moviepass, Moviefone, Mitch Lowe, Verizon Media


AT&T's reorg, Barstool's 'moronic' admission, and Sinemia outrage

Hello!First, thanks for subscribing. If you got this newsletter forwarded, sign up for your own here. It’s been another newsy week. No sooner did AT&T get the blessing to move ahead with its $85 billion merger with Time Warner than it restructured its media properties and named a new leader to oversee them, ex-NBC Entertainment chair Bob Greenblatt. The reorg combines parts of Turner and HBO in one unit, a sign that AT&T believes that fiefdoms aren’t the way to compete in a media landscape domi...
Tags: Google, Amazon, Facebook, Twitter, Hbo, Time Warner, Trends, Salesforce, Hulu, Instacart, Kraft, Moviepass, Turner, Peapod, NBC Entertainment, Bob Greenblatt


MoviePass competitor Sinemia is asking for tips of $1, $2, or $5, even as it faces criticism for a spree of account terminations

MoviePass competitor Sinemia is asking some subscribers to tip it, suggesting $1, $2, or $5. The function is still in the "testing phase," Sinemia told Business Insider in a statement. This test comes even as the app is purging subscribers who it claims engaged in "fraudulent activity." More than 50 users who had their accounts recently terminated have contacted Business Insider in the past week, claiming their accounts were unfairly canceled. Two subscribers said they were asked to tip Sinemi...
Tags: Beyonce, Trends, Moviepass, Business Insider, Sinemia, Business Insider Sinemia


'Leaving Neverland' director explains which part of his Michael Jackson doc disturbs him the most, and why

"Leaving Neverland" director Dan Reed opened up to Business Insider about the part of the movie that disturbs him the most. His 4-hour, two-part HBO documentary looks at two men who claim Michael Jackson sexually abused them when they were boys. Michael Jackson denied ever molesting children throughout his life and was acquitted of child-molestation charges in 2005 .   HBO's four-hour documentary, "Leaving Neverland" — which focuses on two men, Wade Robson and James Safechuck, who allege M...
Tags: Hbo, Beyonce, California, Los Angeles, Trends, Jackson, Michael Jackson, Moviepass, Michael, Reed, Wade, Robson, Neverland Ranch, James Reed, Wade Robson, Dan Reed


MoviePass closes up its Los Angeles office after firing its business development team

MoviePass' Los Angeles office closed down last week. The space housed the business development department of the movie-ticket subscription company, which was laid off in February, and the staff of Moviefone. The space wasn't ideal for staff. One source who worked there said the only available power sources were a few extension cords and "repeated requests for pens, post-its, or bottled water were rejected."   Last week, MoviePass’ Los Angeles office at the Pacific Design Center in West Hollyw...
Tags: Los Angeles, Trends, Netflix, Manhattan, Moviepass, Pdc, Helios, West Hollywood, Moviefone, Matheson, Abrams Artists Agency, Pacific Design Center, HMNY, Sinemia, Matheson Analytics HMNY, MoviePass Films


A class-action lawsuit against MoviePass competitor Sinemia from angry subscribers is heating up

An amended complaint in a class-action lawsuit against MoviePass competitor Sinemia was filed this week. The lawsuit, initially filed in November, alleges that the movie-ticket subscription service has "essentially become a bait-and-switch scheme" because of a new fee. The amended complaint added plaintiffs and brought the number of US states represented from two to 10. “While nobody enjoys fees, there are certain costs related to booking and processing outside of the price of the movie ticket...
Tags: Beyonce, US, Trends, Delaware, Moviepass, Sinemia, Business Insider The, Chimicles Schwartz Kriner Donaldson Smith LLP, Benjamin F Johns


All the Cool Kids Are Joining Cinemark’s Movie Club to the Tune of Over 560,000 Members

After MoviePass came in with a bang (and is now trying to survive desperately), the major movie theater chains found themselves suddenly forced to come up with a movie ticket subscription of their own. AMC Theatres has been doing quite well with their AMC Stubs A-List subscription, and now Cinemark wants to share the success they’ve had with their own movie ticket membership plan. Cinemark’s MovieClub hit 560,000 members by the end of 2018, which was 26% higher than what they had at the end of ...
Tags: Movies, Amc Theatres, Moviepass, Deadline, Cinemark, Business and Industry News, Mark Zoradi, AMC Stubs, Movie Club, Cinemark MovieClub, Cool Kids Are Joining Cinemark, MovieClub


MoviePass lays off its entire business-development team as the company continues to tailspin

The three-person business-development team at MoviePass was laid off on Thursday, multiple sources told Business Insider. This is the latest in a string of departures at the company as several employees, including some on the management level, have resigned or been let go in the last month. The salaried staff is now about 50 people. The business-development team at MoviePass was laid off on Thursday, multiple sources familiar with the decision told Business Insider. The loss of the Los Angele...
Tags: Los Angeles, Trends, Moviepass, Helios, Mount Rushmore, Mitch Lowe, HMNY, Matheson Analytics HMNY, Eric Jeng


MoviePass laid off its entire business development team, as the company continues to tailspin

The 3-person business development team at MoviePass was laid off on Thursday, multiple sources told Business Insider. This is the latest in a string of departures at the company, as several employees, including some on the management level, have resigned or been let go in the last month. The current salaried staff is around 50 people.   The business development team at MoviePass was laid off on Thursday, multiple sources familiar with the decision told Business Insider. The loss of the LA-bas...
Tags: North Korea, La, Trends, Kim Jong Un, Moviepass, Helios, Mitch Lowe, HMNY, Matheson Analytics HMNY, Eric Jeng


MoviePass competitor Sinemia is locking certain accounts until 'misuse fees' are paid, and some subscribers are fuming

Sinemia has emerged as an alternative to a struggling MoviePass in the movie-ticket subscription space. But the startup has been plagued with complaints from subscribers, over 150 of whom have contacted Business Insider since November , mainly over sneaky fees. Since December, 20 of those Sinemia subscriber s have c ontacted Business Insider to complain about a "misuse fee," which they said had been unfairly applied. Some claimed Sinemia's tech was to blame for them missing a "check-in" i...
Tags: Trends, Better Business Bureau, Moviepass, Business Insider, Sinemia


MoviePass' parent company has been kicked off the Nasdaq, but claims it 'has no effect on the day-to-day business' (HMNY)

Helios and Matheson Analytics (HMNY), the parent company of MoviePass, has been kicked off the Nasdaq, according to a filing with the Securities and Exchange Commission on Tuesday. The company had failed to meet the Nasdaq's listing standards by trading below $1 per share since July. "HMNY’s delisting has no effect on the day-to-day business operations of HMNY or its subsidiaries, including MoviePass and MoviePass Films," the company said in a statement to Business Insider.   Helios and Mathe...
Tags: Hbo, New York, India, Trends, Netflix, SEC, Nasdaq, Panel, Moviepass, Securities And Exchange Commission, Helios, Company, Moviefone, Matheson, Nasdaq Capital Market, Matheson Analytics


MoviePass competitor Sinemia is demanding customers send 2 forms of ID to unlock their accounts, and some are outraged

On Thursday, movie-ticket subscription service Sinemia, a competitor to MoviePass, sent out an email to some subscribers notifying them that to continue using the service they would have to send two forms of identification to the company. Until then, the ticketing feature on their account will be turned off, according to the email obtained by Business Insider. To reactivate it, subscribers have to upload a government-issued picture ID as well as a picture of themselves next to the ID to allow ...
Tags: US, Trends, Reddit, Homeland Security, Moviepass, Business Insider, Sinemia, ID Sinemia


Amazon Prime Video has a bootleg movie problem and many subscribers probably have no idea

Business Insider discovered on Tuesday that a bootleg version of the classic Wong Kar-wai movie, "In the Mood for Love," had been available on Amazon Prime Video for months. The version appeared to have been ripped from the Criterion Collection release of the movie, as its logo played at the beginning of the movie, and was listed with a fake title, "Those Good Old Years." The movie was made "unavailable" by Amazon on Wednesday after Business Insider notified Criterion. This is not the first ti...
Tags: Apple, Amazon, Hong Kong, UK, Youtube, Oregon, US, Trends, Netflix, Moviepass, Business Insider, Amazon Prime Video, Wong Kar, Netflix Amazon, Crowell, Amazon Video Direct


Sinemia has signed up 10 movie-theater chains for custom subscription programs, as its war with MoviePass moves into the enterprise phase

Movie-ticket subscription company Sinemia, a competitor to MoviePass, gave an update on its venture that lets movie theaters craft their own subscription services using Sinemia's tech, called Sinemia Enterprise. The company told Business Insider that currently more than 10 theater chains use Sinemia Enterprise, including Studio Movie Grill and National Amusements. Sinemia CEO Rifat Oguz said the reaction has been so positive worldwide that he's launched teams in Europe, South America, Africa, ...
Tags: Asia, Trends, Netflix, Amy Poehler, Studio Movie Grill, Moviepass, Jones, Business Insider, SMG, Brandon Jones, Europe South America Africa, Sinemia, Rifat Oguz, Oguz, Sinemia Enterprise, Studio Movie Grill and National Amusements Sinemia


MoviePass and Sinemia are battling to sign up movie-theater chains for custom subscriptions, as their war moves into the enterprise space

Movie-ticket subscription company Sinemia, a competitor to MoviePass, gave an update on its venture that lets movie theaters craft their own subscription services using Sinemia's tech, called Sinemia Enterprise. The company told Business Insider that currently more than 10 theater chains use Sinemia Enterprise, including Studio Movie Grill and National Amusements. Sinemia CEO Rifat Oguz said the reaction has been so positive worldwide that he's launched teams in Europe, South America, Africa, ...
Tags: Asia, Trends, Netflix, Amy Poehler, Studio Movie Grill, Moviepass, Jones, Business Insider, SMG, Brandon Jones, Europe South America Africa, Sinemia, Rifat Oguz, Oguz, Sinemia Enterprise, Studio Movie Grill and National Amusements Sinemia


MoviePass and Sinemia are battling to sign up movie-theater chains for new custom subscription programs

Movie-ticket subscription company Sinemia, a competitor to MoviePass, gave an update on its venture that lets movie theaters craft their own subscription services using Sinemia's tech, called Sinemia Enterprise. The company told Business Insider that currently more than 10 theater chains use Sinemia Enterprise, including Studio Movie Grill and National Amusements. Sinemia CEO Rifat Oguz said the reaction has been so positive worldwide that he's launched teams in Europe, South America, Africa, ...
Tags: Asia, Trends, Netflix, Amy Poehler, Studio Movie Grill, Moviepass, Jones, Business Insider, SMG, Brandon Jones, Europe South America Africa, Sinemia, Rifat Oguz, Oguz, Sinemia Enterprise, Studio Movie Grill and National Amusements Sinemia


MoviePass has been hit with a lawsuit from subscribers alleging it's a 'bait and switch' scheme (HMNY)

Two MoviePass subscribers filed a lawsuit alleging the company engaged in a "deceptive and unfair bait-and-switch scheme." Lawrence Weinberger and his wife Laurie, of Sea Cliff, New York, each subscribed to annual memberships in March 2018, costing them both $105.35, to see "any movie" in "any theater" on "any day," once a day. But the two allege they were only able to see three movies over a 10-month span due to the app constantly saying no movies were available in their area.   On Friday, t...
Tags: Amazon, Trends, Netflix, Jake Gyllenhaal, Moviepass, Helios, Variety, Laurie, Amazon Netflix, Sea Cliff New York, Matheson Analytics, Sinemia, Lawrence Weinberger


MoviePass Subscribers File Class Action Suit for ‘Bait and Switch’ Scheme

Two MoviePass subscribers filed a class action lawsuit on Friday, alleging that they were able to see only three movies over 10 months due to routine blackouts. Lawrence and Laurie Weinberger, of Sea Cliff, N.Y., allege that MoviePass engaged in a “deceptive and unfair bait-and-switch scheme” when it sold them each an annual pass in […]
Tags: News, Moviepass, Lawrence, Laurie Weinberger


MoviePass shows off new giant billboards in Times Square after burning through hundreds of millions of dollars

On Thursday, MoviePass executive vice president Khalid Itum posted a video showing off the huge MoviePass billboards in New York's Times Square. Even after spending hundreds of millions trying to be a disrupter in the industry, a January study estimated 58% of MoviePass' members had canceled their subscriptions last year, as it introduced unpopular restrictions. These MoviePass ads are a stunt to try and mend fences with movie exhibitors, as two of the biggest (AMC and Regal) are just down the...
Tags: New York, Amc, Trends, Netflix, Jake Gyllenhaal, Manhattan, Moviepass, Times Square, Cinemark, ITUM, Helios Matheson Analytics, Khalid Itum