MoviePass Cofounder Stacy Spikes Buys Back again Business and Programs Relaunch
- MoviePass cofounder Stacy Spikes has bought again the enterprise.
- His bid was permitted by a Southern District of New York personal bankruptcy court docket choose on Monday.
- Spikes reported he hopes to relaunch the film-ticket membership company subsequent yr.
MoviePass, the film theater ticket subscription support that turned a feeling in the summer time of 2017 before collapsing in epic trend, is coming back again.
MoviePass cofounder Stacy Spikes was granted ownership of the firm by a Southern District of New York bankruptcy courtroom judge who accepted the sale on Monday, according to court docket files reviewed by Insider. The economical transaction took put on Wednesday.
Spikes experienced placed a bid of an undisclosed volume to the trustee managing the individual bankruptcy of Helios and Matheson Analytics (HMNY), the former parent firm of MoviePass.
“I can verify that we obtained MoviePass out of bankruptcy on