Exploring the company founding and the implosion of the business by outside investors who took over the company, left it | dG1fM0c3NVJBU0VtVUk
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Short filmTranscript
00:00 [MUSIC]
00:10 MoviePass.
00:10 MoviePass.
00:11 The popular movie ticket app.
00:13 MoviePass, we remember them.
00:15 Whatever happened to those guys?
00:17 We thought this could reinvigorate the movie going business.
00:21 Any movie, any theater, any day.
00:23 I went to the movie theater 428 times.
00:25 MoviePass doubled the revenue in theaters.
00:28 We were worth $80 million plus.
00:30 We had a product that no one could stop.
00:32 [MUSIC]
00:34 Mitch was making a toast.
00:35 He said, "Mark my words, everyone's gonna be rich."
00:38 Spend, spend, spend, spend, spend.
00:40 Going to Coachella.
00:42 Partying with Big Boy.
00:43 John Travolta.
00:44 [SCREAMING]
00:46 They burned to $250 million.
00:49 Whoa, whoa, wait, wait, whoa, whoa.
00:52 Meanwhile, there weren't extension cords to plug our computers into.
00:56 There were hundreds of thousands of customer service tickets.
00:59 A customer sent a box of shit to the office.
01:02 I was like, "We need to pump the brakes a little bit."
01:05 I just thought that it would be better if he wasn't a part of the team.
01:09 He's like the heart of MoviePass.
01:11 The deeper you got in, the more you realized.
01:14 All of this was part of a bigger story.
01:18 A lot of times when they talk about MoviePass,
01:20 you usually get a picture of Mitch and Ted.
01:23 But that's definitely not the case.
01:25 It is an endless list of, "Oh my God, what is happening here?"
01:29 Oh God, these old stories.
01:32 This is a company, not a family, and not all roles get to party.
01:37 Karma's a bitch.
01:40 [MUSIC]
01:45 [MUSIC]
01:50 [MUSIC]