Hollywood Reporter:

MoviePass parent Helios and Matheson Analytics is to acquire film producer Emmett Furla Oasis Films, including its film library and current production slate.

Terms of the deal were not disclosed, but Helios is paying Randall Emmett and George Furla, head of the film financing and production banner, a combination of cash and stock. The deal for EFO Films, which produced Lone Survivor and Broken City, will also allow the parent of the controversial movie theater subscription service, which famously sells 30 cinema tickets for the price of one, to move forward with plans to launch MoviePass Films to produce and distribute movies.

No better way to help lessen the blows when you’re losing money hand over fist quite like BUYING A FILM STUDIO.

Jesus Christ, these guys really want to burn as bright as possible before being snuffed out.