Helios and Matheson Issues MoviePass Progress Report
HELIOS&MATHESON ANALYTICS (HMNY)
US:NASDAQ Investor Relations:
en.wikipedia.org/wiki/helios
Company Research
Source: Business Wire
Owner of Theater Subscription Service Highlights Growth of New Model for Movie Ticketing NEW YORK--(BUSINESS WIRE)-- Data and technology company Helios and Matheson Analytics Inc. (Nasdaq: HMNY) (“Helios”), owner of MoviePass, today reflected on its one year anniversary of its revolutionary movie subscription service and formalized plans for it new, sustainable business model. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180815005435/en/ Helios and Matheson issues MoviePass progress report (Photo: Business Wire) One year ago, today, Helios announced its acquisition of a small U.S. movie theater subscription company, MoviePass. With only eight employees at the time, MoviePass was considered a fringe player supporting 720 partnered screens and having 15,000 subscribers. When MoviePass lowered its subscription price from $20 per month to $9.95
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