MoviePass is getting a reboot.
Feb. 10, 2022, 9:52 PM UTCplans to relaunch this summer, nearly three years after shutting down amid financial woes.
Spikes laid out an ambitious goal, telling the audience he wants the company to be responsible for 30 percent of all movie ticket sales across the United States by 2030. MoviePass helped popularize a subscription model that was soon embraced by other companies. In the summer of 2018, for example, AMC Theatres rolled out a program that allows subscribers to see up to three movies a week for a monthly fee..
In his presentation, Spikes nodded to the financial difficulties that plagued the company during the Helios + Matheson era, displaying an image of the Hindenburg disaster on a large screen.
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