Channels with Peter Kafka

MoviePass sounds too good to be true. Is it?

MoviePass CEO Mitch Lowe talks with Recode's Peter Kafka about how he's trying to make a profitable business out of charging $10/month for nearly unlimited visits to the movie theater. Lowe says MoviePass now has more than 1.5 million paying subscribers, who see twice as many films in the theater as non-subscribers. He also talks about the company's risky…