MoviePass may be on its last legs after Friday and Mondays blackouts. For the second time in its many days, MoviePass subscribers were unable yet again to use their subscription cards to purchase movie tickets. The aftermath of the outage sent stock in parent Helios and Matheson into a free fall. MoviePass subscribers read when clicking onto the website.
“Error getting available plans. Please refresh your browser,”
Stock in Helios and Matheson Analytics fell or 60 percent and ending the day at 80 cents.
To the surprise of no one, MoviePass couldn’t be reached for comment on Monday. On Saturday, MoviePass on Twitter told users:
“We are very sorry to users having issues checking-in this evening. Some users have reported issues with card-based check-ins and we are working towards a fix on this technical issue. In the meantime, all e-ticketing remains fully functional.”
The MoviePass collapse may be at its end as the little engine that could may have gotten caught up in quantity rather than quality.
