New HBO Documentary Unravels the Rise and Fall of MoviePass

The film highlights the tumultuous journey of the subscription service and its controversial leaders, while also showcasing the overlooked contributions of its original co-founders.

• Ted Farnsworth and Mitch Lowe face charges of securities fraud following the collapse of MoviePass.
• The documentary reveals the financial mismanagement and lavish spending that led to the company's downfall.
• Original co-founders Stacy Spikes and Hamet Watt were pushed out before the company's rapid decline.
• MoviePass's unsustainable $10 monthly subscription model attracted millions but proved financially disastrous.
• Spikes has since relaunched MoviePass, which became profitable again in 2023.

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