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MoviePass’ CEO claims ‘very big media companies’ have offered to acquire the service — ‘you would recognize them’

Mimi Sabreena 3:02:00 PM Editor Choice

MoviePass CEO Mitch Lowe (left) and Helios and Matheson Analytics CEO Ted Farnsworth (right)

MoviePass CEO Mitch Lowe told Cheddar that he's received many offers from "big media companies" to buy MoviePass, but wouldn't name which ones. He said that the company has reduced burn by 60%, but won't be profitable for another six to nine months.

✍ Source Link : ☕ Business Insider Malaysia

Source :

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