MoviePass considered “strategic alternatives,” the SEC form says. The company filed for Chapter 7 in the US Bankruptcy Court for the Southern District of New York.and its parent company Helios and Matheson Analytics filed for bankruptcy Wednesday. The decision came after
“A Chapter 7 trustee will be appointed by the Bankruptcy Court to administer the estate of the company,” the filing says.
MoviePass, a subscription service that allowed customers to purchase multiple movie tickets for a monthly fee, shut down services on Sept. 14 when its efforts to recapitalize were…
Source CNET Tech