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Subscription services cover a wide range of offerings from entertainment to office productivity software, but merchants still have to attract users to their platforms. Services can offer a faster sign-up process, for example, to help facilitate conversions. Get the Full Story Complete the form to...
As the future of MoviePass remains shaky, its parent company’s stocks are suffering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
MoviePass’ stock has been under severe pressure recently as investors worry about a cash crunch at the company. But Ted Farnsworth, head of Helios & Matheson Analytics, the parent company of MoviePass, said the subscription service has enough cash to survive and thrive. Get the...
Churn is an endemic problem for all subscription businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Expanding upon its experimental All-Access plan, Lyft is rolling out the subscription service to another set of riders. As of Wednesday (May 9), TechCrunch reported that the company was gearing up to give select users an opportunity to join a waitlist for the plan. Get...
MoviePass parent Helios & Matheson, which owns the movie service MoviePass, lost nearly half of its remaining value on Wednesday (May 9) as its stocks continue to fall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Through a regulatory filing, Helios and Matheson disclosed on Tuesday (May 8) that it has been losing an average of $21.7 million in cash on a monthly basis between September and April. Shares in Helios and Matheson, which is the parent company of MoviePass, plummeted by almost...
When food approaches its “best by” date, grocers are faced with a dilemma: What to do with food that is good but may expire before they can sell it? Josh Domingues thinks the answer is to sell those items at a discount through a dedicated...