MoviePass™ Launches New Pricing Plan Built for The Mass Consumer
HELIOS&MATHESON ANALYTICS (HMNY)
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Source: Business Wire
New Subscription Offering Continues at a Monthly Price of $9.95, Includes New Releases, Suspends Peak Pricing and Ticket Verification and Introduces Boundaries to Ensure Long-Term Stability NEW YORK--(BUSINESS WIRE)-- MoviePass™, the nation’s premier movie theater subscription service and a majority-owned subsidiary of Helios and Matheson Analytics Inc. (Nasdaq:HMNY) (“Helios”), announces its new subscription plan and business model effective August 15, 2018. MoviePass’ new subscription plan retains its industry-low monthly subscription rate of $9.95 and at the same time creates a long-term and sustainable business model. The new plan will include many major studio first-run films. For our subscribers who have migrated to the new subscription plan, we are suspending Peak Pricing and Ticket Verification. MoviePass continues to be the most widely enjoyed theatrical subscription service in the United States
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