Key MoviePass Executive Stepping Down After Just Three Months on the Job

MoviePass just lost another member. Khalid Itum, executive vice president of the long-struggling movie-ticketing service, announced he was stepping down after just three months in the position, according to The Wrap. Itum had been handling the company’s day-to-day operations, which will now be overseen by company CEO Mitch Lowe. “MoviePass has moved in a new […]

MoviePass’ 2018 Was Even Worse Than We All Thought

Investors are getting another pass at MoviePass’ earnings from last year. The company’s owner, Helios & Matheson, has revised MoviePass’ 2018 financial filings, according to Variety. The famously beleaguered movie-ticket outfit–which charges theatre-goers a flat monthly rate, rather than individual ticket fees–took a hit in several categories. Net losses for the first three financial quarters, […]