MoviePass’ claims about its importance to AMC Theatres are grossly deceptive

On Thursday, the subscription service MoviePass decided to stop supporting several high-profile AMC Theatres locations in major cities. The move came after months of squabbling between the two companies, during which AMC detailed its concerns with the service’s long-term implications, while MoviePass rocketed to 1.5 million subscribers.

Today Ted Farnsworth, CEO of the data analytics firm Helios & Matheson — which purchased a majority stake in MoviePass in 2017, setting off the...

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