Top #MoviePass Executive Khalid Itum Leaves Company

Los Angeles, CA (Variety) — Khalid Itum, the executive tasked with overseeing day-to-day operations at MoviePass, has left the struggling subscription service, Variety has confirmed. Insiders had previously said Itum had been largely absent in recent weeks and MoviePass CEO Mitch Lowe had assumed more of a leadership role after previously stepping back.

According to a spokesperson for the company, “Itum will be leaving MoviePass to pursue his entrepreneurial and travel pursuits.” The spokesperson also added that chief technology officer Joey Adarkway and human resources head Jake Peterson, are transitioning from full time employees to contracted consulting roles. There have been several rounds of layoffs at MoviePass in recent weeks, impacting its business development operations and MovieFone, the movie directory service it purchased in 2018.

“As previously stated, MoviePass has moved in a new strategic direction, and will be refocusing our business model to create a more closely connected relationship between our subscription service and original content production unit, MoviePass Films,” the spokesperson said in a statement.

MoviePass Films is a joint venture with Emmett/Furla Films. The company's projects include the John Travolta flop “Gotti” and the upcoming action-thriller “10 Minutes Gone” starring Bruce Willis.

Itum was promoted to his role … Brent Lang/@Variety

Source: Variety, full story


Leave a Reply