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Too Good To Be True: The Rise And Fall Of MoviePass
Friday, September 20, 2019 - 9:35am | 684After a wild eight-year ride, Helios and Matheson Analytics Inc (OTC: HMNY) officially shut down its subscription movie theater service MoviePass last weekend. In a matter of years, MoviePass went from an unknown startup to a major disruptive force to a financial albatross for parent company Helios...
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Helios And Matheson's Stock Hits New Lows
Wednesday, June 27, 2018 - 8:55am | 509Helios and Matheson Analytics Inc (NASDAQ: HMNY) closed down 15 percent Tuesday and continued to new all-time lows in pre-market trading. What Happened Shares sunk deeper Tuesday when Business Insider reported one of the firm’s board members and largest shareholders had his bank account...
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MoviePass CEO Isn't Sure If The Service Will Bring Back 1 Movie Per Day
Thursday, April 26, 2018 - 1:57pm | 388Helios and Matheson Analytics Inc (NASDAQ: HMNY) popped as much as 5 percent Thursday on news that MoviePass abandoned its daily movie subscription package. As of April 13, for the same $9.95 per month that previously secured 365 movie showings, new customers get just four tickets per month plus a...
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AMC Theaters Back On MoviePass App
Wednesday, April 4, 2018 - 2:05pm | 499MoviePass has restored service to 10 AMC Entertainment Holdings Inc (NYSE: AMC) theaters previously removed from the app, MoviePass CEO Mitch Lowe told Benzinga. “We are thrilled to have added back AMC theaters to the app,” Lowe said Wednesday afternoon. "The theaters were...
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Helios And Matheson Increases Stake In MoviePass To 78%
Friday, February 16, 2018 - 12:28pm | 404Helios and Matheson Analytics Inc (NASDAQ: HMNY), a data analytics company that owns a majority stake of MoviePass, plummeted earlier this week after it announced a $105 million public equity offering to potentially increase its ownership stake in MoviePass. What Happened Helios and Matheson...
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Helios And Matheson CEO: MoviePass Open To Netflix, Amazon Prime Partnerships
Friday, February 9, 2018 - 2:33pm | 841As MoviePass continues its rapid growth, drops its subscription price and offers bundled services, it could seek partnerships with players such as Netflix, Inc. (NASDAQ: NFLX) or Amazon.com, Inc. (NASDAQ: AMZN)'s Prime as an added value benefit, Ted Farnsworth...
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The Sundance Kids: MoviePass Unveils Strategy To Invest In Film, Launch Of MoviePass Ventures
Friday, January 19, 2018 - 10:00am | 416What Happened Helios and Matheson Analytics Inc (NASDAQ: HMNY) spiked 3 percent Friday after MoviePass announced a strategy to invest in film through the launch of MoviePass Ventures, an acquisition-centric branch aiming to disrupt distribution. Why It’s Important The move signals...
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Helios And Matheson Investors Are Loving The MoviePass ICO Talk
Wednesday, January 10, 2018 - 11:54am | 539Helios and Matheson Analytics Inc (NASDAQ: HMNY) management mentioned the magic word that sends stock soaring on Tuesday. In an interview with Yahoo, Helios CEO Ted Farnsworth uttered the word “cryptocurrency,” which is all it takes these days to send stocks like Helios skyrocketing 25...
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MoviePass Expands Revenue Source With Distributor Deal
Monday, December 11, 2017 - 11:56am | 395Helios and Matheson Analytics Inc (NASDAQ: HMNY) spiked mroe than 12 percent Monday after MoviePass announced a new revenue opportunity — a deal with an undisclosed independent movie distributor to promote a particular film for performance-based compensation. “With studio-driven revenue...
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MoviePass Streaming Speculation Gives Helios & Matheson Yet Another Boost
Monday, November 13, 2017 - 5:06pm | 263Helios and Matheson Analytics Inc (NASDAQ: HMNY) traded up as much as 24 percent Monday. What Happened MoviePass CEO Mitch Lowe intimated that the firm may someday stray from its core theater-based business. “It may be that at some point we may launch a streaming service,” Lowe said...