MoviePass Is Finally Officially Dead: Enters Bankruptcy

The curtain has come down on MoviePass after the company filed for bankruptcy protection on Tuesday.

MoviePass was once a revolutionary ticketing service that let people see an unlimited amount of movies for cheap. The company said in a regulatory filing Wednesday that it considered “strategic alternatives,” but couldn’t find any.

Helios and Matheson (HMNY), MoviePass’ parent company, also filed for bankruptcy this week. Both businesses will liquidate their assets. Helios and Matheson’s stock, which was once worth $5,100 (adjusted for stock splits) is now at zer