MoviePass Proves Great for Customers, Disastrous for Investors – WSJ

MoviePass, the service that lets people see a new film every day for $9.95 a month, has seen its subscribers skyrocket to three million. But its parent company has been bleeding cash, prompting shareholders to stampede for the exit.
— Read on www.wsj.com/articles/moviepass-proves-great-for-customers-disastrous-for-investors-1526468400