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MoviePass Is Dead. Here's Who's Left.

TheMotleyFool

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MoviePass stormed onto the scene in 2017, offering a novel business model: a monthly subscription offering all-you-can-eat movies -- as much as one free movie every day of the month -- for the low, low price of just $9.95.

Consumers rejoiced at the upending of the $50-a-family night-at-the-movies business model that Hollywood had championed for years, and MoviePass' owner, Helios and Matheson (OTC: HMNY), quickly became one of the hottest stocks on the market.

But like an epic Shakespearean play turned into a film starring, produced, and directed by Sir Kenneth Branagh, MoviePass ended in tragedy this month.

Source Fool.com

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