MoviePass takes stake in Gotti film [Seeking Alpha]
HELIOS&MATHESON ANALYTICS (HMNY)
US:NASDAQ Investor Relations:
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Source: Seeking Alpha
MoviePass takes stake in Gotti filmMoviePass Ventures took anequity stake in the newGotti movie starring John Travolta, according to Deadline's Anthony D'Alessandro.MoviePass Ventures is the financing arm of Helios and Matheson Analytics' (NASDAQ:HMNY) MoviePass business."By utilizing the MoviePass marketing platform to drive traffic to the theater, MoviePass Ventures hopes to capture additional revenue from downstream windows, including other forms of international, domestic, and streaming distribution in addition to merchandising, music and other ancillary rights," writes D'Alessandro.Shares of HMNY areup 2.07% premarket to $2.47. A new Buy rating/$12 price target from Maxim Group may be factoring in a bit.See all stocks on the move »Now read:Automatic Data Processing: Activist To Improve Company »
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