MoviePass CEO Stacy Spikes gives a keynote rundown of how the service will evolve in its new iteration.
Photo: MoviePass
“There was a time, not so long ago, when you could see basically any movie in basically any theater for a flat rate of $10 a month” sounds like a tall tale a grizzled old timer would tell children around a campfire after civilization collapses. But it was real, it was called MoviePass, and it was a system in which venture capitalists subsidized 3 million users’ moviegoing at a loss of hundreds of millions of their own dollars. It was an affordable public good but an extremely stupid business, so the app shuttered in September 2019. But just like an inflatable clown-shaped punching bag, you…
