Is the MoviePass House of Cards Folding?
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 22 August 2018
⏱️ 4 minutes
🧾️ Download transcript
Summary
Today is Wednesday, August 22, and we’re looking at MoviePass vs. AMC.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Wonderly Plus subscribers can listen to Business Wars daily ad-free right now. |
| 0:04.8 | Join Wonderly Plus in the Wondery app or on Apple Podcasts. |
| 0:08.5 | If you or someone you care about has cancer, |
| 0:11.5 | Macmillan Cancer Support's online community is here to help from day one. |
| 0:16.1 | Macmillan's free online forum provides a safe space to get support from both experts and others who've been |
| 0:22.0 | there. Members support each other anonymously, sharing what's helped them on a range of subjects, |
| 0:27.5 | from dealing with side effects such as hair loss and fatigue, to money worries and managing work, |
| 0:32.9 | or talking with children about a diagnosis. There are different forums on cancer types or experiences, |
| 0:39.0 | opportunities to ask an expert, and blog posts. |
| 0:42.0 | Find support 24-7 from people who get what it's like to have cancer. |
| 0:46.7 | To join Search McMillan online community. |
| 1:03.0 | From one day, From Wondery, this is Business Wars Daily. I'm David Brown on this Wednesday, August 22nd. |
| 1:10.8 | It sounds like a Hollywood film about a get-rich-quick scheme. Our hero starts a company that soars to the top, briefly. |
| 1:16.2 | Then, as friends and enemies alike discover the companies built on a house of cards, |
| 1:18.3 | everything falls to pieces. |
| 1:26.2 | That's the story of Movie Pass, the struggling movie subscription service that's now just barely afloat. |
| 1:29.0 | Last June, the company reported a quarterly loss of $3 million. Losses have exploded since then. For the quarter that ended in June, |
| 1:35.4 | MoviePass lost more than $125 million. Reacting to the huge loss, at least one shareholder |
| 1:43.1 | has sued MoviePass parent company Helios and Matheson, |
| 1:46.6 | accusing it of fraud. In the meantime, MoviePass has also made enemies of many subscribers, |
| 1:52.8 | in part by shrinking the number of movies they can watch with their existing subscriptions. |
| 1:57.8 | Some members have turned to Twitter to try to drum up support for a class action lawsuit. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Audible, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Audible and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

