MoviePass Owner Helios & Matheson Accelerates Plans to Reduce Cash Burn
July 31, 2018 at 13:53 PM EDT
Down over 97 percent in the last week, Helios & Matheson, owner of MoviePass, has announced a series of new plans to reduce the company’s cash burn and save itself from bankruptcy. Helios & Matheson said on Tuesday that it would raise the monthly subscription fee to $14.95 within the next...