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MoviePass is making big changes in a bid to stay alive.The service, which lets subscribers see a movie a day in the theater, is raising the price of its standard plan from to .95 per month. The change will take effect in the next 30 days.And some major releases will be "limited in their availability" on the service for the first two weeks they're in theaters.It's not clear how "limited" those films will be to MoviePass users. The company did say that big movies may be made available through promotions.MoviePass subscribers have already reported similar restrictions. For example, the blockbuster "Mission: Impossible — Fallout," which opened last weekend, was unavailable for at least some MoviePass customers.The changes come amid serious financial woes for the company, which borrowed million last week so it could pay for movie tickets.MoviePass is also facing some big competition: Less than an hour after the company announced its plans Tuesday, the theater chain AMC said it has enrolled 175,000 people in its own, similar service within the first five weeks of its debut.AMC charges per month for the ability to see three movies a week at any AMC location. It expects to reach 1 million members within two years.MoviePass, meanwhile, has more than 3 million subscribers. But analysts have questioned whether it can stay in business.Stock in its parent company, Helios and Matheson, has dropped more than 99 percent since last fall. The company's market value has plunged from .8 billion to less than million.The stock more than doubled on Tuesday after MoviePass announced the price increase, but it quickly gave up all of that gain. The stock closed down nearly 40 percent, at 50 cents per share.In a new "plan for profitability," the company also noted that cost-cutting has helped bring its cash-burning under control. It has been blowing through million to million each month, according to regulatory filings. 1976
Nasim Aghdam, the woman accused of shooting and injuring multiple people at YouTube headquarters in San Bruno before turning the gun on herself, drove up from San Diego, according to KRON.Authorities said they believe the incident stemmed from a domestic dispute. KRON reports that the woman shot her boyfriend and that the others injured were caught in the crossfire. Officials in San Bruno said Tuesday afternoon that three people were wounded and the suspect died of a possible self-inflicted gunshot wound.Police were called to the headquarters just before 1 p.m. and were on scene within two minutes.After arriving on scene, officers found a wounded victim outside the building before encountering a second person, who was likely a suspect, shot from a self-inflicted gunshot wound.Officers later found two others wounded in a nearby business, officials said. Helicopter video shows hundreds of people running out of the building with their hands up after shots reportedly rang out.A witness reported hearing as many as 20 shots, according to KRON. ATF and the FBI are said to be investigating the incident. 1140
NATIONAL CITY, Calif. (KGTV) -- Families in one South Bay city got one step closer to relief from skyrocketing rent Thursday as a group turned in signatures supporting a measure that could make its way to the November ballot. The National City Families for Fair Rent coalition has collected 3,500 signatures from registered voters in favor of implementing a program to stabilize rent.The initiative is called the National City Rent Control and Community Stabilization Ordinance.In order to get the measure on the November ballot, the coalition needs the signatures of 2,300 registered National City voters.Researchers say the measure is important because National City is one of the last safe havens for families struggling to pay rent. "It is one of the last places, sort of the last refuge for families struggling to get by have been able to afford to rent," said Dr. Peter Brownell,Research Director at Center on Policy Initiatives.The city council can now take one of three actions. Enact it without sending it to the ballot, send it to the ballot or request a report from city staff.If a report is requested, the council will have to reconvene and take one of the first two options within 30 days. 1220
NATIONAL CITY, Calif. (KGTV) — A teenager is dead after police found him suffering from a gunshot wound in a South Bay alley early Friday.The 17-year-old male was found in the west alley of 1900 C Avenue with a gunshot wound just before 1:30 a.m., according to National City Police Department.Firefighters and first responders arrived at the scene to perform life-saving measures, but the teen died at the scene. His identity has not been released.Police did not release any further information on the case.National City Police ask anyone with information to call the department at 619-336-4460. 603
NASHVILLE, Tenn. — The current law in Tennessee is clear: The use of deadly force is legal only in instances of self-defense or to protect the life of someone else.Outside of that, using deadly force is illegal. But some lawmakers in the state are seeking to expand those protections to include instances where homeowners would legally be able to shoot someone who stole from them."I think the last year has raised a lot of questions in Tennessee about whether you can use force or deadly force," said John Harris, executive director of the Tennessee Firearms Association.Harris said the thinks the destructive demonstrations and looting in Nashville during protests against police brutality raised some concerns. Now, State Rep. Jay Reedy, a Republican, has filed a bill that would allow a person to use deadly force to protect their property.Harris said that with police occupied elsewhere, store owners under the current law could not use lethal force to stop looting during protests — and people are tired of it."The question is, does the criminal just laugh at them and keep stealing stuff? At some point, juries will say you have the right to defend it, and I don't care what the law says," Harris said.Lawmakers say the bill could address that frustration. But legal analysts say there are some aspects of the bill that are concerning. "The way it is written is very, very vague," said legal analyst Nick Leonardo.Leonardo understands concerns over violent protests, but he calls the bill "vigilante legislation."Leonardo said it could allow a victim — when there is no personal threat — to shoot a theft suspect in the back as he runs from the scene."To be able to just shoot someone because you thought they were taking your personal property is not where America is or we've been in the last hundred years," Leonardo said.Reedy concedes the bill, for now, is vague, and he expects it to be tightened up. But he also said law-abiding citizens have a right to protect their businesses or hard-earned personal property.House Bill 11 is now filed for consideration. If it were to pass in the next legislative session, it would take effect in July of 2021.This story was originally published by Nick Beres on WTVF in Nashville, Tennessee. 2251