Desiccated Corpse of MoviePass Reaches Settlement With FTC Over Fraud Allegations
Disastrously failed theater-ticketing startup MoviePass’s corpse has been rotting for years, but its former executives have only now reached a settlement with the Federal Trade Commission for allegedly using fraudulent and deceptive tactics to abuse its users. MoviePass, for those who don’t remember, was a subscription-based service initially offering once-a-day movie tickets in exchange for…