If MoviePass really can make this deal work, they may survive after all.
As of June, MoviePass’s monthly cash deficit was $45 million, parent company Helios & Matheson Analytics Inc. said in regulatory filings.
The recent price increase to $15 is going away, along with the restrictions on new releases they just instituted last week.
Lowe claimed that 85 percent of customers see three or fewer movies a month, and therefore will be totally unaffected by the change.
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