Following a service interruption of MoviePass on Thursday, its parent company, Helios and Matheson, borrowed $5 million to bring the service back online.
Restrictions and no longer selling its one-movie-per-day plan, are bad signs
Sad to hear this is happening. Hopefully they can hang along to get the expected economies of scale they were aiming to get before they go under. Of course, somehow the market is going to equilibrate on them.