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Mogul, the film studio fantasy platform created by the movie theater subscription service MoviePass, on Wednesday launched out of private beta, the company announced. The platform is now available as a public beta for everyone. Designed specifically for the Hollywood industry, players own their own film studio and draft a team of actors, directors, and movies … Read more
MoviePass was once a cinephile’s dream. Throughout the 2010s, the company allowed users to pay a monthly fee to watch a movie a day in theaters. In 2018, it cost $9.95 for a subscription. That’s less than what some theaters charged for one film screening, let alone 30, and the company went under one year … Read more
MoviePass, the startup that made its mark with its movie theater subscription service, has always been known for shaking things up, and its latest venture is no exception. The company announced on Thursday the beta launch of Mogul, a new daily fantasy entertainment platform designed specifically for the Hollywood industry. To understand what Mogul is, … Read more
After MoviePass’s historic implosion, subscribers to the “Netflix for movie theaters” were already cautious around the company’s 2023 relaunch. These moviegoers may grow even more skeptical after MoviePass sent out an email blast on Wednesday, which surveyed customers about their interest in web3. “Artificial Intelligence and Blockchain technologies are transforming the business landscape at an unprecedented … Read more
Ted Farnsworth, the former CEO of MoviePass and guy who had the bright idea to charge $9.95 per month for unlimited film screenings, has admitted to defrauding investors in the subscription company. According to the Department of Justice, Farnsworth pleaded guilty to one count of securities fraud and one count of conspiracy to commit securities … Read more
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