The Rise and Fall of MoviePass: A Cautionary Tale

The HBO Max documentary "MoviePass, MovieCrash" explores the rise and fall of MoviePass, a subscription service that offered daily movie tickets for $9.95 a month. Initially popular, the company quickly amassed debt and faced operational issues, leading to its collapse in 2019. The film highlights the contrasting visions of its founders, Stacy Spikes and Hamet Watt, and the new management, who prioritized quick profits over sustainability. The story underscores issues of reckless growth, private equity greed, and racial bias in the startup world.