MoviePass Proves Great for Customers, Awful for Investors

Mony
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Michael D’Ariano has saved a lot of money thanks to MoviePass. But he has lost even more.

As one of the more than 2.7 million subscribers to the service that lets people see a new film every day for just $9.95 a month, he has watched more than 40 movies this year.

The Bronxville, N.Y., salesman believes in MoviePass so much that he bought…

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