MoviePass is one of those companies whose assets and offers perpetually seem too good to be true.
It seemingly spends an excess of money continuously, offering cheaper and cheaper deals to subscribers while still paying full price for its services.
AMC Theaters was the first (and, so far, only) major chain to dispute MoviePass’s value, which led MoviePass to retaliate by cutting off 10 AMC locations from its app in major cities across the country.
It recently expanded its services to Mark Cuban’s Landmark Theaters and as of Thursday, has bought online movie showtime database Moviefone from its parent company, Verizon’s digital division Oath.