Yeah, "MoviePass" was its own SV startup that tried to be the generic version of this pass and apply to "all" theaters. It burnt through a bunch of VC funds just to fail and it shouldn't have been a huge surprise that big chains like AMC decided to do their own similar passes on their own without a middleman.

I'd say it is indeed a huge surprise that a struggling company refused to do business with another entity which was trying to purchase tens of millions of dollars of its product.