What Happens When Investors Stop Fueling Cash-Burn Machines: At MoviePass Parent, Everything Goes to Zero by Wolf Richter • Jan 29, 2020 • 94 Comments Shares, which at peak-hype spiked 1,200% in a month, go to zero. Board of Directors goes to zero. Executives go to zero. Sales already zero.
The Brick & Mortar Meltdown at Movie Theaters. But a Few Movies Still Make it Big by Wolf Richter • Jan 13, 2019 • 84 Comments Tickets are expensive. Alternatives are plentiful, convenient & cheap.