Go Big Or Go Home: MoviePass’ Latest Business Gymnastics

By A. Muir Ellsmore, Epoch Times
May 31, 2018 1:52 am Last Updated: May 31, 2018 1:31 pm

MoviePass’s parent company is running low on cash and its stock price has hit new lows.
So what’s it doing to survive? According to Gizmodo, it’s screaming “YOLO!”
It’s buying a prolific production company and launching its own movie studio.
Helios & Matheson will acquire Emmett Furla Oasis Films with an unspecified amount of cash and stock.
The two companies have also formed a new production studio called MoviePass Films LLC.

Credit: Wochit