After Reacquiring, Black-Owned ‘MoviePass’ Receives Major Investment From Comcast

By Jasmine Browley ·Updated June 27, 2024MoviePass, a movie subscription service, has received an investment from Comcast’s Forecast Labs, a consumer venture group. Per a report from The Hollywood Reporter (THR) the investment comes after MoviePass reached its first profitable year (2023) in the company’s history following a stretch of financial tumult. The company has had a storied business history. Launched in 2011 by Stacy Spikes,MoviePass made headlines when it went