Within the midst of monetary struggles and fixed adjustments to its service, MoviePass introduced Tuesday that its new movie manufacturing wing, MoviePass Movies, will begin manufacturing on “10 Minutes Gone,” a motion thriller starring Bruce Willis.
This would be the first movie produced by the brand new studio, which was created after MoviePass acquired Emmett Furla Oasis Movies (EFO) again in Might. MoviePass’ mother or father firm, Helios & Matheson, holds 51 p.c of MoviePass movies with EFO holding the rest. MoviePass is hoping to make use of its ticket subscription service to advertise its movies to subscribers.
“10 Minutes Gone” follows a person who survives a gunshot to the top throughout a financial institution heist gone fallacious, however, loses reminiscence of what occurred in the course of the heist. He should piece collectively what occurred and who ran off with the financial institution’s cash, all whereas a vengeful crime boss, performed by Willis, pursues him.
Motion filmmaker Brian A. Miller — who directed Willis within the Lionsgate movies “Vice” and “The Prince” — will direct right here from a script by Kelvin Mao and Jeff Jingle. Randall Emmett, George Furla, and Lydia Hull will produce, with Helios & Matheson CEO Ted Farnsworth and MoviePass CEO Mitch Lowe among the many government producers.
The announcement of the mission comes a day after MoviePass introduced one other massive change to their film ticket subscription plan, preserving the subscription value at $9.95/month, however, ending the provision of a film ticket per day. As an alternative, subscribers will obtain three tickets per 30 days, with a reduction of as much as 5 dollars for extra tickets. However, the brand new plan has not elevated investor confidence, with Helios & Matheson’s inventory value staying at seven cents.