MoviePass has hit 3 million paid subscribers, but its growth has slowed HMNY

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MoviePass announced it has passed the 3 million paid subscribers mark.

However, growth for the movie ticket subscription service is slowing.

It took seven weeks for it to go from 1 million paid subscribers to 2 million. To get to the 3 million mark, it took 18 weeks.

On Wednesday, MoviePass announced it had surpassed 3 million paid subscribers for the service. It's also projecting that by the end of the year, it will top the 5 million subscriber mark.

But the growth for the movie theater ticket subscription service has slowed down. It took seven weeks for MoviePass to go from 1 million paid subscribers to 2 million. To get to the 3 million mark, it took 18 weeks.See the rest of the story at Business InsiderNOW WATCH: This top economist has a radical plan to change the way Americans voteSee Also:'Ocean's 8' scores a franchise best to win the weekend box officeAll the details of Quentin Tarantino's new movie, which stars Brad Pitt, Leonardo DiCaprio, and Margot RobbieThe 21 best heist movies of all time, rankedSEE ALSO: Everything we know about "Wonder Woman 1984"

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