No fear! Caroline Manzo dished on her former Real Housewives of New Jersey costar Teresa Giudice — and revealed which of the two women are more scared for a TV face-off.
27.09.2022 - 22:15 / deadline.com
The U.S. Securities and Exchange Commission has sued former top execs at MoviePass and its parent company, Helios + Matheson, for fraud.
A complaint filed with the U.S. District Court for New York’s southern district (read it HERE) centers on Ted Farnsworth and Mitch Lowe. They “intentionally and repeatedly disseminated to the public materially false or misleading statements concerning MoviePass and key aspects of MoviePass’s business model,” the suit says. The duo allegedly misled investors by suggesting the company could profit by offering all-you-can eat moviegoing for just $9.95 a month.
The digital movie ticketing firm sought to popularize fixed-price ticket buying, a tool widely used in many international markets, but ran afoul of major exhibitors and then its customers after deciding to offer an unsustainable monthly price. After slashing the monthly price from its previous levels of $40 to $50 a month, the company still had to fulfill customer orders for tickets. An inability to satiate surging demand led to outages and disruptions of service at the height of the 2019 summer box office season.
Helios bought MoviePass in 2017, saying it was going to leverage its data from moviegoers in various ways, but the service cratered and by 2020 was bankrupt. Several months ago, one of the company’s co-founders, Stacy Spikes, announced an effort to revive the scandal-tarred brand. Spikes has acknowledged that the ill-advised discounting, which happened after he had left the firm, was the undoing of MoviePass.
Lowe was CEO of MoviePass from 2016 to 2020 and Farnsworth was CEO of Helios + Matheson.
“Faced with debilitating negative cash flows — rather than tell the public the truth — Farnsworth and Lowe devised fraudulent tactics
No fear! Caroline Manzo dished on her former Real Housewives of New Jersey costar Teresa Giudice — and revealed which of the two women are more scared for a TV face-off.
In a dramatic move, Congressional committee investigation the January 6 assault on the U.S. Capitol voted today to subpoena former president Donald Trump on the matter.
Former NBA star Ben Gordon was arrested on Monday night at LaGuardia Airport in New York City after allegedly hitting his 10-year-old son at the terminal.
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Bruce Springsteen was the special guest at The Killers‘ second Madison Square Garden show last night (October 1) – watch his three-song cameo below.Brandon Flowers and co. were playing their second of two dates at the legendary New York venue in support of their albums ‘Imploding the Mirage’ and ‘Pressure Machine’.During the show, Springsteen came on stage to perform the pair’s 2021 collaboration ‘Dustland’ as well as his hits ‘Badlands’ and ‘Born To Run’, joined by his bandmate Jake Clemons, the saxophonist nephew of the late and legendary E Street Band member Clarence Clemons.“That’s a hell of a band,” Springsteen told Flowers of his admiration of The Killers and their live show in 2020.
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Julia Fox stuns in a puffy silver gown for the 2022 New York Ballet Fall Fashion Gala held at David H. Koch Theater at Lincoln Center on Wednesday night (September 28) in New York City.
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Malia and Sasha Obama have been spending more and more time living their Los Angeles lives while living away from parents Barack and Michelle Obama.MORE: Malia and Sasha Obama twin in green during rare LA outing togetherHowever, they were able to enjoy some quality family time when their dad made the trip to California to be with them.VIDEO: Malia and Sasha Obama's style evolutionIn photos shared by Daily Mail, the former US President was seen having dinner with his two daughters at Hamasaku, an expensive LA sushi restaurant.While Barack had a great time visiting, Michelle couldn't be with them, as she was in New York at the same time being inducted into the National Women's Hall of Fame.MORE: Malia Obama looks so much like her famous mother, Michelle, in remarkable throwback photoThe three were spotted together on Saturday night exiting the restaurant as Barack waved to the staffers and turned down their offer for free dessert after.His secret service staff patiently waited, with their car parked in the handicapped spot nearby for the next couple of hours, and escorted him away once done.A post shared by Barack Obama (@barackobama)Barack spent some time with his daughters while in LABarack even shared a throwback photograph of himself with his daughters on the same day, celebrating Banned Books Week.The three were pictured enjoying a book that Malia had picked up as he wrote about celebrating books that had often been written by people of color or those from the LGBTQ+ communities.MORE: Malia Obama's style evolution - see how she's changedMORE: Malia Obama rocks waist-length braids as she steps out with reported boyfriend in New YorkSasha, 21, has been completing her senior year at the University of Southern California
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amid an investigation into his involvement into advising his brother, former New York Governor Andrew Cuomo, CNN has had a rotation of guest hosts in the 9 p.m. hour, rebranding Cuomo’s former hour “CNN Tonight.” Tapper will take a break from his regular show, “The Lead With Jake Tapper” to helm the 9 p.m. “CNN Tonight” hour.