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Tech Analyst Thinks MoviePass Will Be Out Of Business Within 18 Months
Monday, April 30, 2018 - 12:15pm | 610In MoviePass, Helios and Matheson Analytics Inc (NASDAQ: HMNY) bet big against the culture of big-screen movie exhibition. Wedbush analyst Michael Pachter thinks it made a mistake. What He Said “MoviePass is a joke and I think will be out of business in 18 months, if not sooner,”...
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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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Wall Street Grows Increasingly Skeptical Of The Prospects For MoviePass
Monday, April 23, 2018 - 2:38pm | 822Helios and Matheson Analytics Inc (NASDAQ: HMNY) stock has crashed more than 60 percent in 2018 as investors have grown increasingly skeptical of the prospects for the MoviePass subscription service. Helios and Matheson announced a $30-million offering last week that valued shares of the...
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Helios And Matheson CEO Projects 6 Million MoviePass Subscribers In 2018, Says 12% Are 'Overusers'
Friday, April 6, 2018 - 2:29pm | 661The popularity of Moviefone — a staple for moviegoers in the 1990s and of Seinfeld fame — may have waned, but MoviePass hopes to leverage the website's 6 million unique visitors per month. What Happened Helios and Matheson Analytics Inc (NASDAQ: HMNY) acquired Moviefone...
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Helios And Matheson Buys Moviefone; Canaccord Says Deal Will Drive MoviePass Subscriptions
Thursday, April 5, 2018 - 3:02pm | 394Helios and Matheson Analytics Inc (NASDAQ: HMNY) announced Thursday it acquired Moviefone from Verizon Communication Inc. (NYSE: VZ)’s Oath for about $8.6 million. The complete transaction involves $1 million in cash, about 2.6 million shares and warrants for 2.6 million additional shares...
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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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Canaccord Says Helios And Matheson Has 'Large' Revenue Opportunity With MoviePass, Sees 12M Subscribers By 2022
Wednesday, March 21, 2018 - 10:44am | 408The bullish case for owning Helios and Matheson Analytics Inc (NASDAQ: HMNY)'s stock was reinforced after meeting with the company's management, Canaccord Genuity said in a research report. The Analyst Analyst Austin Moldow maintains a Buy rating on Helios and Matheson Analytics with...
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Helios And Matheson CEO: MoviePass 'Will Be The Biggest Theater Company Without Owning Any Theaters'
Sunday, March 11, 2018 - 4:25pm | 921MoviePass is one of the most polarizing companies in the marketplace. Despite providing a remarkable value to regular moviegoers, speculation about the viability of the business model has prompted a large short interest in the stock of MoviePass' parent company, Helios and Matheson...
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Canaccord Analyst: MoviePass Could Be The Catalyst A Stale Movie Theater Sector Needs
Thursday, February 22, 2018 - 6:02pm | 330Helios and Matheson Analytics Inc (NASDAQ: HMNY)’s MoviePass could provide a major growth catalyst for a challenged theater environment, according to Canaccord Genuity. The Analyst Austin Moldow of Canaccord Genuity initiated coverage on Helios and Matheson with a Buy rating and $15...
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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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MoviePass Cancels Longtime Customers On Terms Of Service Abuses
Monday, February 12, 2018 - 5:15pm | 548MoviePass notified a number of subscribers Friday that their accounts had been immediately and irrevocably deactivated for failure to adhere to the company's service agreement. Some customers exploited the app to get discounts on premium tickets, according to a MoviePass spokesperson...
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What Helios And Matheson's Raised Common Stock Authorization Means For Investors
Friday, February 9, 2018 - 5:30pm | 531Helios and Matheson Analytics Inc (NASDAQ: HMNY) stock dropped 7.3 percent Friday after shareholders voted to authorize the company to increase its total number of shares outstanding from 100 million to 500 million. Helios reported some impressive growth numbers for its MoviePass service this week...
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MoviePass To Offer $7.95 Subscription, Launch Streaming-Bundle Package In Push To Get 5 Million Subscribers
Thursday, February 8, 2018 - 3:51pm | 523MoviePass on Monday will lower its monthly price from $9.95 to $7.95, in the company’s first bundled package that will include a subscription to streaming service Fandor. The $7.95 offer, available only to new customers, includes a $19.95 activation fee and one-year access to Fandor, which...
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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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A Look At What MoviePass Has Accomplished In 6 Months
Tuesday, January 16, 2018 - 11:13am | 416Since acquiring MoviePass last year, Helios and Matheson Analytics Inc (NASDAQ: HMNY) has taken a lot of heat from critics. The MoviePass subscriber count continues to climb, however, and shareholders are hoping the numbers will eventually speak for themselves. Last week, Helios reported MoviePass...