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FILE- This Aug. 23, 2018, file photo shows Movie Pass debit cards and used movie tickets in New York. The parent company of MoviePass says that it plans to spin off the discount movie ticket subscription service into a separate public company. Helios and Matheson Analytics Inc. said Tuesday, Oct. 23, that the new subsidiary will be called MoviePass Entertainment Holdings Inc. and be a film production, marketing and exhibition company. (AP Photo/Richard Drew, File)

MoviePass to be jettisoned by parent company

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FILE- This Aug. 23, 2018, file photo shows Movie Pass debit cards and used movie tickets in New York. The company that runs the beleaguered MoviePass, a discount service for movie tickets at theaters, is being investigated by the New York Attorney General on allegations it misled investors. (AP Photo/Richard Drew, File)

MoviePass operations under investigation by New York AG

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