MoviePass’ co-founder has bought back the company and wants to relaunch it next year
MoviePass might be making a comeback soon, after Stacy Spikes (one of the service’s original co-founders) successfully bought back the company out of bankruptcy earlier this week, according to a report from Insider. Spikes is hoping to relaunch the company sometime next year, although there are few details on that yet.
“I can confirm that we acquired MoviePass out of bankruptcy on Wednesday,” Spikes commented in a statement to Insider. “We are thrilled to have it back and are exploring the possibility of relaunching soon. Our pursuit to reclaim the brand was encouraged by the continued interest from the moviegoing community. We believe, if done properly, theatrical subscription can play an instrumental role in lifting moviegoing…