This chart shows the rapid growth of MoviePass, which has passed 2 million subscribers — here’s when its CEO says it will be profitable (HMNY)
- MoviePass has hit the 2 million subscribers mark.
- The movie theater subscription service reached the milestone less than a month after getting to 1.5 million.
- MoviePass CEO Mitch Lowe says the company will be profitable at between 3 million and 4 million subscribers.
Another day, another milestone for the company that is disrupting the movie theater business.
MoviePass announced on Thursday that it had exceeded 2 million subscribers. This is less than a month after the company announced it had hit 1.5 million subscribers.
The app has become the talk of the movie business since the summer, when Helios and Matheson Analytics