VIDEO : MoviePass CEO Says Companies Have Offered To Buy MoviePass

MoviePass CEO Mitch Lowe is feeling optimistic about turning his company around. This week, MoviePass announced changes including rolling back the surge "peak" pricing model. The movie-theater subscription service will now limit the number of movies to three per month, instead of one per day. Business Insider reports Lowe says he has received offers to acquire MoviePass from "very big media companies that understand the value that we're generating.