It will remain an early leader in introducing the movie ticket subscription service that has since been adopted by AMC Theatres, Regal Cinemas and Alamo Drafthouse.
The service was owned by parent company Helios and Matheson Analytics Inc., and the service boasted incredible early success.
MoviePass also said it is “unable to predict if or when the MoviePass service will continue,” but does hope “to find a path that will enable us to continue the service in the future.”