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Former MoviePass CEO guilty of giving moviegoers great deal
AV ClubStory by UnknownImage from AV Club
scrn loglineDisgraced MoviePass CEO admits to defrauding investors with false promises of a business model that worked 'too well' for moviegoers.beat sheet- Farnsworth pleaded guilty to charges that he lied about MoviePass' sustainability, claiming the company's $9.95 per-month model was not actually viable long-term.
- This marks a major fall from grace for Farnsworth, who once touted MoviePass as a game-changer in the industry, before it infamously shut down in 2019 after hemorrhaging millions.
Read the sourcecall sheetTed Farnsworth, MoviePass - MovieWebMovieWeb1d
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Former MoviePass CEO guilty of giving moviegoers great deal
AV ClubStory by Unknown
scrn logline
Disgraced MoviePass CEO admits to defrauding investors with false promises of a business model that worked 'too well' for moviegoers.
beat sheet
- Farnsworth pleaded guilty to charges that he lied about MoviePass' sustainability, claiming the company's $9.95 per-month model was not actually viable long-term.
- This marks a major fall from grace for Farnsworth, who once touted MoviePass as a game-changer in the industry, before it infamously shut down in 2019 after hemorrhaging millions.
call sheet
Ted Farnsworth, MoviePass