Mr. Farnsworth, whose previous ventures have included a pay-per-call psychic hotline, insisted that the naysayers were wrong. Mr. Farnsworth spoke in a joint interview with Mitch Lowe, chief executive of MoviePass. “We’re profitable on 88 percent of our customers,” Mr. Farnsworth said. Mr. Lowe and Mr. Farnsworth said they already had some deals in place with studios, although they would not say which ones. Companies like AMC Entertainment, the largest theater chain in North America, have dismissed MoviePass as a fly-by-night operation.

Source: New York Times April 26, 2018 17:49 UTC