MoviePass just announced a new venture to co-acquire films for distribution. Gaining popularity since changing its business model last August, the movie theater subscription service purchases tickets from theaters and charges just $9.95 per month for users to see one release per day for free at participating locations. It’s especially grown since becoming a subsidiary of Helios and Matheson Analytics Inc. and is currently accepted at 91 percent of all theaters across the United States.
The app currently lets users see movies from all kinds of distributors, as long as it’s accepted at a particular theater. But until now, the service never distributed its own films for theatergoers to see. Its new subsidiary MoviePass Ventures aims ...
Click to continue reading MoviePass To Distribute Films With New Venture
The post MoviePass To Distribute Films With New Venture appeared first on Screen Rant.
from Movie News – Screen Rant http://ift.tt/2BfUkZv
via IFTTT
