MoviePass offers a suspiciously good deal. For just $9.95 a month, subscribers can see up to one movie a day at select theaters, a business plan that has the startup losing roughly $21 million a month. But according to the guy who owns MoviePass, Ted Farnsworth, that was the plan all along.
On today’s episode, we talk to journalist Rick Paulas about how the company plans to make money in the long run, and what, exactly, it’s doing with all its users data.
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