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MoviePass announces shutdown of services from September 14

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One of the biggest startups, that was aiming to disrupt the film industry, has announced that it will close down. Talking about disruption in the film industry, we mean in a good way. That’s because MoviePass is a subscription service which lets you watch as many movies as you want and that too in theatres for a monthly subscription. Now, the service seemed too good to be true but we know that they tried their best to make it work. However, the service has been shut which shows that it did not work out the way they had planned.

Talking about MoviePass, we know that funds was not the problem because they raised a huge round of investment last year with its parent company. However, the main problem seems to be that not enough people wanted to buy MoviePass’s subscription. One of the main ways in which any subscription service, that offers more services at fewer prices, makes money is if more and more people join them. In the case of MoviePass, this did not happen so the company had to then increase the price of their subscription from what they first announced.

Increasing the prices also did not work out so MoviePass decided to change the business plan. Later, MoviePass also shutdown temporarily which might be in order to rethink their strategy and make the service work. But we can now confirm that the service is officially dead effective immediately. MoviePass is notifying its customers that the service will not work from September 14 which is from tomorrow. According to MoviePass, this decision has been taken as “its efforts to recapitalize MoviePass™ have not been successful to date.” and the company says that they are looking at “all strategic and financial alternatives,” including a sale of the company and all of its assets

Dan is a software developer with experience in designing, development, and delivery of Android apps. His key skills include knowledge of Core Java, JSON & XML Parsing. He's also a keyboardist. So, either you’ll find him at her desk busy in building mobile apps or at a composing music in his home studio. He contributes his ideas on tech at PressReels as an author. You can contact him at Danreels@gmail.com

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BLACKPINK With a Hat-Trick As They Once Again Retain The #1 Spot In NEW K.ID’s Weekly Chart

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BLACKPINK With a Hat-Trick As They Once Again Retain The #1 Spot In NEW K.ID’s Weekly Chart
[WEEKLY IDOL]

NEW K.ID, the No.1 TV channel for all K-Pop entertainment and source (https://cutt.ly/NEWKID), announced its weekly chart for the 3rd week of August.

BLACKPINK retains its #1 spot in the NEW K.ID’s weekly chart for three consecutive weeks as they tie with WINNER’s previous record. BLACKPINK has announced a new single dropping on August 28th which will be a collaboration with American pop star, Selena Gomez. Selena Gomez also recently teased her collaboration with BLACKPINK on her Instagram post captioned, “SELPINK pulling up soon. 8/28”.

Photo: Instagram @selenagomez

Following their release of the single, BLACKPINK will be releasing their first debut album on October 2nd.

[WEEKLY HOT NEWS]

PENTAGON, SHINee, GWSN, and N.Flying all retained their spots in TOP5. The 6th place, WINNER, celebrated their 6th year debut anniversary. MINO posted a photo of WINNER on his Instagram, celebrating the time and unforgettable memories that they have spent together for the last 6 years. 

Photo: Instagram @realllllmino

Ranked at #9, SF9’s Rowoon has been named as ‘The North Face white label’s F/W’ model and its brand ambassador. With a height over 6’3’’, Rowoon not only has a youthful personality but also has various talents as he can both sing and act in various entertainment fields. The North Face saw that Rowoon’s versatility perfectly matched its brand image and decided to partner with Rowoon.

Coming in at #10, DAY6’s sub-unit, Even of Day, is releasing a new album, ‘The Book of Us: Gluon – Nothing can tear us apart’ on August 31st. All 7 songs in the album are written and produced by the Even of Day members. Young K is expected to play guitar in place of Sungjin and Jae. JYP’s representative commented, “Young K showed his expertise on the bass guitar and will continue to play more instruments.” It was also mentioned that Wonpil’s synthesizer and Dowoon’s electronic drum will be key in this album.

Additionally, in last week’s ‘2020 SORIBADA BEST K-MUSIC AWARDS’, GWSN and LOONA won New Wave New Artist Awards while GFRIEND took the main prize (bonsang) home.

NEW K.ID, the only TV channel that allows viewers to enjoy K-POP Idol-related content programming 24/7 and exclusive episodes curated from 10K+ videos, is available at CH 511 for free on LG Smart TVs and XUMO apps on all Internet-connected devices.

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Death after unmasked arrest – Mexico Floyd

The official reason for the arrest revealed by the police is not known, but the video footage posted on social media at the time of the arrest suggests that the reason is “not wearing a mask.”

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Death after unmasked arrest - Mexico Floyd

Amid a stir across the U.S. over the “George Floyd” incident that killed white police abuses, similar cases of abuse of public power have been revealed in Mexico, sparking public outrage.

The daily El Universal has been protesting against the incident since it was belatedly revealed that construction worker Giovanni Lopez died the next day after being arrested by police in Guadalajara, western Mexico, on April 4.

The official reason for the arrest revealed by the police is not known, but the video footage posted on social media at the time of the arrest suggests that the reason is “not wearing a mask.”

Death of George Floyd

On May 25, 2020, George Floyd, a 46-year-old black man, died in Minneapolis, Minnesota, after Derek Chauvin, a white police officer, knelt on Floyd’s neck for almost nine minutes while Floyd was handcuffed face down in the street

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