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MoviePass may owe money to 12,000 subscribers as it files for bankruptcy liquidation

Movie ticket subscription service MoviePass and its parent company filed for Chapter 7 bankruptcy liquidation late Tuesday and may owe money to subscribers.The filing means they will be sold for parts, and the proceeds will be distributed to their creditors, ending any possibility that MoviePass could be revived after the service shut down in September.The company filed a 174-page list of more than 12,000 subscribers it may owe money, totaling about $1.2 million, which […]
Source: The Jacksonvill Daily News

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