MoviePass To Distribute Films With New Venture


MoviePass just announced a new venture to co-acquire films for distribution. Gaining popularity since changing its business model last August, the movie theater subscription service purchases tickets from theaters and charges just $9.95 per month for users to see one release per day for free at participating locations. It’s especially grown since becoming a subsidiary of Helios and Matheson Analytics Inc. and is currently accepted at 91 percent of all theaters across the United States.