Petski reports, “The docuseries is based on Insider reporter Jason Guerrasio’s award-winning coverage of the rise and fall of the company. Guerrasio’s reports chronicled MoviePass’ explosive growth in 2017 after offering unlimited theatrical movies for just $9.95 a month, through its downfall.
“‘Employing a sexy price to turbo-charge subscriber growth, the investors who took over the company sought the rapid success experienced by high-flying startups like WeWork and Uber. But through over-the-top parties, inexplicable mismanagement, and questionable behind-the-scenes deals, the new leadership of MoviePass slowly alienated its customers and shuttered its service just two years after its surge into the zeitgeist,’ producers say.
“The docuseries will explore MoviePass’ founding by Stacy Spikes and Hamet Watt and the implosion of the business by outside investors who took over the company before leaving it bankrupt and under investigation by the FBI.”
Read more here.
Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…
Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…
Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…
Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…
Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…