{"data":{"type":"company_profile_ai","id":171824,"entity_id":"wefunder:company:171824","attributes":{"canonical_url":"https://wefunder.com/moviepass","retrieval_urls":{"canonical":"https://wefunder.com/moviepass","json":"https://wefunder.com/moviepass.json","markdown":"https://wefunder.com/moviepass.md","ai_json":"https://wefunder.com/moviepass.ai.json","ai_text":"https://wefunder.com/moviepass.ai.txt","changelog_json":"https://wefunder.com/moviepass.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-04T05:03:17Z","generated_at":"2026-06-04T18:41:49Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":171824,"entity_id":"wefunder:company:171824","slug":"moviepass","name":"MoviePass","tagline":"A prediction market and fantasy league for entertainment.","location":"New York, NY","website":"https://moviepass.com","total_amount_raised":476172,"total_investors":597,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 476172","citation":"https://wefunder.com/moviepass#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:03:17Z","as_of":"2026-06-04T18:41:49Z","confidence":"high"},"observed_at":"2026-06-04T05:03:17Z","expires_at":"2026-06-05T05:03:17Z"},{"claim_id":"claim-total-investors","text":"Total investors: 597","citation":"https://wefunder.com/moviepass#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:03:17Z","as_of":"2026-06-04T18:41:49Z","confidence":"high"},"observed_at":"2026-06-04T05:03:17Z","expires_at":"2026-06-05T05:03:17Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 476172","citation":"https://wefunder.com/moviepass#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:03:17Z","as_of":"2026-06-04T18:41:49Z","confidence":"high"},"observed_at":"2026-06-04T05:03:17Z","expires_at":"2026-06-05T05:03:17Z"},{"claim_id":"claim-total-investors","text":"Total investors: 597","citation":"https://wefunder.com/moviepass#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:03:17Z","as_of":"2026-06-04T18:41:49Z","confidence":"high"},"observed_at":"2026-06-04T05:03:17Z","expires_at":"2026-06-05T05:03:17Z"}],"company_claims":{"tagline":"A prediction market and fantasy league for entertainment.","story":"MoviePass was built for movie people — bold dreamers who live for the story.We turned Hollywood upside down with the first subscription to watch any movie, anytime, anywhere. Millions joined, and together we built a cultural phenomenon.To those who have been with us from the start — thank you. Together we made moviegoing more accessible and 60% of theaters now offer a MoviePass-style subscription.For those just tuning in — catch up on the full story of our rise, fall, and redemption in the HBO Original documentary MoviePass, MovieCrash produced by Mark Wahlberg.Through it all, our mission has always been to empower and inspire movie lovers through technology and innovation.We changed the industry once, and successfully brought back our leading movie subscription platform. Now, we’re keeping our core and expanding our universe to disrupt the industry again. Our next product line Mogul lets movie people speculate, predict, and play in the business of film.And this time, you’re invited to own a piece of our story and future from the start.The MoviePass subscription continues to thrive, getting more people into theaters nationwide. Since relaunching in 2023, we’ve gone from $0 to $14M in annual recurring revenue and have powered 2.8 million movie trips.And while nothing beats the magic of the big screen, we realized we also have an incredible opportunity to bring fans together online and create an active global community connected by a shared love of cinema.Through Mogul, we’re building a fan-powered entertainment platform and bringing the mechanics of fantasy sports to Hollywood.630,000 movie fans are already waiting to play. Top-tier investors, including Harlem Capital, Sui Foundation, and Lightship Capital, have backed our $9M Series A.We go to movies because of our connection to stories. These stories don’t just entertain us, they shape culture, and our passion extends beyond the theatres.Movie people are constantly calling box office winners, debating award upsets, and gossiping about casting rumors. Yet only a handful of corporations control the narrative in Hollywood, leaving movie fans on the sidelines.Meanwhile, sports fans have participated with their own fantasy leagues for years. Entire industries have emerged to channel fan energy into engagement. Take FanDuel and DraftKings, two hypergrowth companies that helped create a $32 billion daily fantasy sports industry.Now, prediction markets are the next hyper-growth segment with platforms like Kalshi and Polymarket attracting millions of users with interests across music, politics, and sports. In September alone, Kalshi saw $2.5 billion of sports contracts traded when the NFL season kicked off.Imagine if there were a similar platform for Hollywood. The live event is the theatre, and the team is limitless – directors, actors, producers, and so much more. There is no off-season - it’s always on.Technology has the power to liberate storytelling from the select few and bring it back to the hands of the people. The opportunity to connect movie people in a digital arena is MASSIVE.If MoviePass changed the way we go to the movies, Mogul is changing the way we interact with entertainment on a global scale.We’re building the central hub to unite and activate one of the world’s largest and most passionate audiences to participate, to vote, to predict, to be part of the story.Mogul leverages fantasy league and prediction market principles. We’re giving fans the ability to draft their dream studio and predict real-world outcomes — box office results, award nominations, critic reviews, and sentiment scores.Players compete head-to-head or solo, turning movie knowledge and instinct into measurable success and rewards.Powered by the blockchain technology of SUI, Mogul expands MoviePass into a transparent, global entertainment economy that operates across currencies and borders and transacts in real time.When we first announced Mogul on a global stage last May, we saw more international press coverage than ever before in the history of our company.Top outlets are sharing our comeback story and recognizing Mogul as the next big disruption in Hollywood.Stacy Spikes is the original co-founder of MoviePass, one of the most talked-about subscription platforms. When outside ownership pushed him out and drove the company to collapse, Stacy refused to let it die. He bought MoviePass back, rebuilt it, and assembled an impressive executive team to drive future success.Today, MoviePass includes members of the original team alongside company building experts from AMC, ClassPass, and UBS. Together, we’re reinventing how movie fans engage with Hollywood.We’re backed by some of the sharpest minds bridging Web2 and Web3 — Harlem Capital, Animoca Brands, and the Sui Foundation.MoviePass’s fan-powered entertainment platform sits at the intersection of four booming industries: movies \u0026amp; entertainment, fantasy sports, online gaming, and prediction markets.The fantasy sports industry has already validated how prediction-driven fan engagement can unlock billions in recurring revenue. Prediction markets are exploding, with Polymarket surpassing $9B in trading volume in 2024, proving a global appetite for event-based speculation.Mogul, powered by the cultural force of MoviePass, is the first-mover in gamifying Hollywood. By tapping into the MoviePass ecosystem with 3.8M+ fans, Mogul is in a prime position to capture outsized market share as a first-to-market mover.We’re not a gambling platform and instead operate under the proven Daily Fantasy Sports model, rewarding users for their knowledge, insight, and mastery of the entertainment industry.Our subscription business will continue to anchor recurring revenue, while Mogul adds a high-margin digital layer. Mogul will monetize engagement through prediction contests, premium memberships, and entertainment data insights.Today, Mogul is free to play. We’ll then evolve into subscription tiers, before launching into tokenized predictive contracts.Tokenized contracts will enable ownership, create investable liquidity pools, and solidify long-term network value across the Mogul ecosystem.As we grow our global fan base through direct to consumer sales, we’re setting the stage for what comes next: turning prediction market behavior into data intelligence that drives partnerships, insights, and entirely new revenue streams.Within the first year of launch, the platform is projected to engage 500K active users, which in comparison, represents about 2% of FanDuel's existing user base. These early adopters will fuel growth, user feedback, and iterative advancements to hit our north star goal.Within 3 years, we expect to reach 5 million players worldwide, advancing on our flywheel business approach.Forward looking projections not guaranteed.Mogul builds upon MoviePass’s leading subscription product to create a highly engaged fan economy and diversifies our revenue streams. MoviePass members average 1.7 theater visits per month, while Mogul breaks beyond the box office — giving fans multiple ways to connect digitally every week.As fan activity deepens, so does value creation. Our forecasts estimate $150 ARPU to start, and we expect that to increase close to the $200-500 ARPU fantasy sport industry average as real-money speculation grows on the platform. This estimate includes all revenue streams: entry fees, premium subscriptions, and transaction fees.Mogul has multiple clear paths to a blockbuster exit:IPO Path – The DraftKings Route: Scale to millions of active users, own the film speculation category, and monetize through contests, premium tiers, sponsorships, and data licensing. With recurring revenue locked in, Mogul can chart a direct route to the public markets.Strategic Acquisition – The FanDuel Route: Gaming giants like Flutter, which acquired FanDuel through multiple transactions, MGM, or Caesars are eager to expand beyond sports into entertainment. Mogul offers a natural adjacency with global reach and a passionate user base.Media \u0026amp; Entertainment M\u0026amp;A: Streaming platforms and studios like Netflix, Amazon, Disney, need new ways to engage fans beyond passive viewing. Mogul is the engagement engine they don’t yet have.Forward looking statements not guaranteed.MoviePass and Mogul are transforming how people experience cinema, box office, and cultural storytelling on a global scale.We’re raising on Wefunder because MoviePass has always been about the fans. Now, for the first time, you can own a piece of the next entertainment revolution — right as it begins.Together, we’re building a movement that turns movie lovers into Hollywood stakeholders.By investing in this round, you’ll join visionary backers like Harlem Capital, Animoca Brands, and Sui Foundation as we activate fans and build the prediction market for entertainment.Join us in building a cultural home for movie lovers everywhere.","quick_facts":["Original Co-Founder Stacy Spikes bought MoviePass back from private equity ownership","Epic turnaround story featured in the HBO Original documentary produced by Mark Wahlberg","$14M in annual recurring revenue and 2.8M movie visits booked since relaunch","630,000+ waitlist for Mogul by MoviePass - the first prediction market for film \u0026amp; entertainment","Backed by top VCs including Lightship Capital, Harlem Capital, Wavemaker and more","Featured in Vanity Fair, Rolling Stone, Hollywood Reporter, TIME, and the New York Times","First-mover where movies meet fantasy sports, gaming, \u0026amp; 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How do you plan to build partnerships with movie studios (your equivalent of 'leagues') when you exist in this legal gray area?","answer":"It’s an important question, Spencer, and we’re very deliberate here. Mogul is not a sportsbook, and today it operates in a play-for-fun format with no real-money wagering, which allows studios to engage without regulatory risk. As we explore future monetization, we’re taking a compliance-first, jurisdiction-by-jurisdiction approach, working with experienced legal counsel and regulators before introducing any real-money mechanics. Our conversations with studios are grounded in engagement, insi..."},{"question":"The pitch mentions “tokenized predictive contracts” and “liquidity pools” powered by SUI. Could you clarify how these instruments are structured to avoid classification as swaps or event-based contracts under CFTC regulations? Have you obtained formal legal opinions confirming...","answer":"Hi Spencer, At this stage, the game operates entirely as a free-to-play experience, with no real-money trading or financial instruments in use. The references to “tokenized predictive contracts” and “liquidity pools” in the pitch are conceptual elements intended for future development once the appropriate regulatory pathways and licenses are in place -- soon! The current capital raise is primarily aimed at funding the necessary legal reviews, licensing efforts, and compliance infrastructure t..."},{"question":"Can y'all explain? https://www.vox.com/22526008/moviepass-ftc-complaint-password-block-scam","answer":"Thanks for reaching out Chris. What happened with HMNY was difficult for everyone involved, myself included. When I was pushed out of MoviePass, decisions were made that I fundamentally disagreed with, and those choices ultimately led to the company’s collapse. I bought MoviePass back to restore our original mission: bringing movies to more people. This time, we’re committed to responsible growth and full transparency. I don’t take your trust lightly. I’ve rebuilt MoviePass — and our new plat..."},{"question":"Can you please confirm whether the shares being issued in this priced round will qualify as Qualified Small Business Stock (QSBS) under Section 1202 of the Internal Revenue Code? Details: I understand the pre-money valuation is listed at $50 million, which is the upper limit f...","answer":"Great question — QSBS eligibility is an important consideration for many early-stage investors, and I’m happy to clarify what we can share publicly. Before I begin, a quick note: I’m not able to provide tax or legal advice, and investors should rely on their own advisors for final determinations. That said, here’s the information we can confirm: 1. Corporate Structure Yes — MoviePass is a U.S. C-corporation. 2. Gross Assets Threshold Based on our current financials and projections, our aggreg..."},{"question":"Hi moviepass team/Stacy, Congrats on what you have achieved so far. I have a few questions; 1. Is moviepass pivoting to prediction market from Movie tickets subscription or planning to continue on movie subscription as well. 2. When is mogul expected to launch? i.e. open for a...","answer":"Thank you for the thoughtful questions — happy to clarify each of these. 1. Are we pivoting away from subscriptions into prediction markets? No — we’re not pivoting away. MoviePass will continue operating and growing the subscription business, which remains a strong, sustainable revenue engine. Mogul is an expansion, not a replacement. We see MoviePass evolving into a multi-product entertainment ecosystem, with subscriptions + Mogul working together to deepen fan engagement. 2. When will Mogu..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-04T18:41:49Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:03:17Z","as_of":"2026-06-04T18:41:49Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:03:17Z","as_of":"2026-06-04T18:41:49Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-12-10T17:25:13Z","as_of":"2026-06-04T18:41:49Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-12-10T17:25:13Z","as_of":"2026-06-04T18:41:49Z","confidence":"medium"}}}}}}