As the digital economy expands, notions of ownership and loyalty change. The so-called sharing and gig economies enable consumers and workers to use products and take jobs without full commitment. Now a young company in Germany called Grover hopes to use a fresh investment worth...
DoorDash, the food delivery startup, announced on Wednesday (Aug. 8) that it has launched DashPass, a new subscription service that helps users save money by giving them unlimited access to restaurants in their area. With the service, which costs $9.99 a month, users get free delivery on...
Among the new wave of direct-to-consumer and subscription-based eCommerce taking hold of the industry, none was considered more promising over the past year than the direct-to-consumer meal kit business. By some estimates, the meal kit sector has exploded in terms of year-over-year growth, jumping from...
Triton Funds, the venture fund, is gearing up to approach shareholders of Helios and Matheson Analytics, the parent of MoviePass, to take control of the company that has been running out of cash. According to a report in MarketWatch citing comments the co-founders made, Triton, which...
For the team at MoviePass, it’s been an interesting few weeks – or few months, depending on how one looks at it. MoviePass and its parent, Helios & Matheson, entered 2018 full of confidence about disrupting the movie theater model, talking up its plan to...
MoviePass, the struggling theater subscription service owned by Helios and Matheson Analytics, announced on Tuesday (July 31) several new measures aimed at achieving profitability, including raising the price of its subscription plan. In a press release, MoviePass said it plans to implement several new cost...
After it was revealed that MoviePass borrowed $5 million to keep its service up and running last week, many subscribers were greeted by a blank screen on Monday (July 30). According to reports, MoviePass subscribers encountered a message that read, “There are no more screenings...
MoviePass parent Helios and Matheson Analytics arranged a short-term loan after halting operations due to failure to pay business partners. Bloomberg, citing a regulatory filing, reported Helios and Matheson will use $5 million of a $6 million loan to pay its processors. The loan was...
Luxury automakers are upending their traditional business models with a new take on an old idea – a car subscription. BMW, for example, launched a pilot dubbed Access by BMW in Tennessee. This type of service is one way automakers can attract younger customers. And...
