Wednesday 29 January 2020
MoviePass is dead. Again. For real this time though: as reported by Deadline, the company declared bankruptcy today, and there’s no way it’s coming back. MoviePass shut down its services in September, but at the time, its parent company Helios and Matheson Analytics was still looking into a potential sale. There was at least a bit of a chance the service would be revived under new ownership. But MoviePass’ leadership has all resigned now. Moreover, the company has filed for Chapter 7 bankruptcy, meaning its assets will be dissolved (as opposed to Chapter 11 bankruptcy, where a company might try…
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