Moviepass Not Dying, Says Ted Farnsworth – Variety

MoviePass’ stock has tanked in recent days on concerns about a cash shortage. In an interview at the Cannes Film Festival, Ted Farnsworth, head of MoviePass’ parent company Helios & Matheson Analytics, said the subscription service has roughly $300 million available to it from an equity line …
— Read on variety.com/2018/film/markets-festivals/moviepass-owner-service-not-dying-1202808835/