The MoviePass application is displayed on an Apple Inc. iPhone in an arranged photograph taken in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg) 

MoviePass to Shut Down for Days to Rework App, Recapitalize

(Bloomberg) -- MoviePass, the financially beleaguered movie-subscription service, plans to shut down for a number of days to revamp a mobile app that’s frustrated customers and to recapitalize.

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