MoviePass is shutting down tomorrow, parent company hopes to find a buyer

“Get shoppers now, concern about making a living later” is a prevailing mindset for tech startups. Once in a while that works, and infrequently you get a MoviePass. After MoviePass reduce its all-you-can-watch film theater subscription provider to a tantalizing $9.95/month, it by no means slightly controlled to carve out sufficient of a benefit to in reality proceed running, and now the provider is shutting down totally.

Helios and Matheson Analytics, the landlord of MoviePass, put out a press free up explaining that the public-facing provider is shutting down the next day (September 14th) whilst the corporate seems for “a sale of the Corporate in its entirety, a sale of considerably the entire Corporate’s property together with MoviePass, Moviefone and MoviePass Motion pictures, a trade reorganization or one or extra different strange company transactions.”

MoviePass has been a blazing dumpster hearth for the previous 12 months.

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MoviePass is shutting down the next day, mum or dad corporate hopes to discover a purchaser used to be written by means of the superior workforce at Android Police.