Here are a few of the most interesting MoviePass facts and statistics I was able to dig up. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Please note that some of these MoviePass stats are easier to find than others, so some of these are based on news reports and not official company tallies. All stats are linked to their source unless it was sent to me directly from the company. No stat listed on DMR should be considered in making any type of investment decision. In other words: This is the best I can find, but I don't guarantee anything.
MoviePass Facts
- Website: www.moviepass.com
- Year Founded: 2011
- Founder: Stacy Spikes and Harnet WattI
- Headquarters: New York, NY
- CEO: Mitch Lowe
MoviePass Statistics
How many people use MoviePass?
3 million customers at peak (2018) and 225,000 currently
Last updated 4/18/19
Average number of monthly MoviePass app downloads:
Last updated 9/1/19
Decline in MoviePass app downloads from June-August 2018:
Amount of time it took MoviePass to go from 1.5 million to 2 million users:
less than a month
Amount of time it took MoviePass to go from 1 million to 1.5 million users:
20 days
Average number of customer cards MoviePass has capacity to ship per week:
Last updated 12/21/17
How many movie theaters accept MoviePass?
more than 91% of theaters across the US
Last updated 12/20/17
Increase in MoviePass subscribers from August to December 2017:
Number of users Moviepass is estimated to need before it is profitable:
Majority owner of MoviePass:
Helios & Matheson Analytics (92%)
Last updated 5/21/18
Amount that Helios and Matheson reportedly lost in 2018:
What is MoviePass?
MoviePass is a technology company dedicated to enhancing the exploration of cinema. As the nation's premier movie-theater subscription service, MoviePass provides film enthusiasts the ability to attend unlimited movies. The service, now accepted at more than 98% of theaters across the United States, is the nation's largest theater network. Mitch Lowe, formerly of Netflix and Redbox Entertainment, joined MoviePass as CEO in June 2016, teaming up with Co-Founders Stacy Spikes and Hamet Watt. (source)