There are tough years – and then there are MoviePass tough years. The firm announced yesterday (March 6) its intention to “implement a new business model” and to focus on a “new business strategy going forward.” To many, that sounded ever so slightly familiar, since over the last 12 months so, the long-struggling...
Meal kit service Munchery has filed for bankruptcy and still owes $3 million in unfulfilled customer gift cards and another $3 million to its vendors and suppliers. The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. That...
Helios & Matheson Analytics, the parent company of MoviePass, was delisted from the Nasdaq on Tuesday (February 12). A spokeswoman for Helios & Matheson said the delisting has “no effect on the day-to-day business operations of HMNY or its subsidiaries, including MoviePass and MoviePass Films,”...
Blue Apron shares jumped to their highest level on Tuesday (February 12) since September as the subscriptions company has seen its shares go up nearly 145 percent since last year. According to Bloomberg, the meal kit delivery company’s shares have more than doubled in value...
Toyota has announced the official launch of KINTO, a new company to manage and operate its car subscription service. KINTO is funded by Toyota Financial Services and Sumitomo Mitsui Auto Service Company. “As society shifts from conventional car ownership to car usage that can be enjoyed...
MoviePass is hoping to boost its struggling business by launching a series of new subscription plans, including reintroducing its popular unlimited program. Earlier this month, the subscription service firm introduced three new plans, each offering members three titles each month, to a maximum of 36 titles...
As Spotify seeks to gain independence from Google, Apple and Amazon products, the music streaming service is looking to the car dashboard. The company intends to launch an in-car music player that can be controlled by voice later in 2019, per people with knowledge of...
In an effort to halt Volvo from offering cars to consumers through subscriptions, the California New Car Dealers Association (CNCDA) filed a petition with the New Motor Vehicle Board in the state. The CNCDA represents over 1,000 franchised dealers of cars and trucks in California,...
Big entertainment brands are growing their subscription offerings in hopes of creating engaging relationships with their customers. AMC Theatres’ Stubs loyalty program, which has a subscription tier called AMC Stubs A-List that offers consumers up to three movies a week for a monthly fee, now...
