Previously a disastrously failed service offering cut-price movie theater tickets, MoviePass is attempting to return with new crypto backers, and a plan to help fund film production.At least cryptocurrency sounded like a good idea. MoviePass launched in 2011 as a service where every movie ticket you bought cost the company more than it could make from you.There was then the issue of how it made any money at all, with its then-CEO seemingly telling businesses that it tracked users before and after the movie theater. But then told MoviePass users that it did no such thing. Read more
