MoviePass™ Surpasses One Million Subscribers
HELIOS&MATHESON ANALYTICS (HMNY)
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Source: Business Wire
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), announced today it has surpassed one million paying subscribers. MoviePass™ has increased its subscriber base by over 6500% since the introduction of its $9.95 per month pricing model. On August 15, 2017, MoviePass™ shifted to a lower-priced subscription model and has since reached one million subscribers in less time than Spotify, Hulu, and Netflix. This press release features multimedia. View the full release here:http://www.businesswire.com/news/home/20171220005521/en/ Mitch Lowe and Ted Farnsworth celebrate their momentous achievement with MoviePass in New York City (Photo:Drew Osumi) "We are excited and proud to have reached the one millionth subscriber level in such a short time while still early in the consumer adoption curve," s
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