Tag: moviepass

MoviePass parent company to spin off MoviePass

Helios and Matheson Analytics (HMNY) will spin off MoviePass and all movie-related activities into a separate public company. HMNY is an analytics company after all, and MoviePass has been a pretty bad investment for the company’s bottom line. When HMNY acquired MoviePass last year, the company didn’t really care about

MoviePass is under investigation for securities fraud in New York state

More bad news for MoviePass . At the direction of New York Attorney General Barbara Underwood, MoviePass parent company Helios and Matheson is now the subject of a fraud probe in New York state. “We’ve launched a securities fraud investigation into ⁦@MoviePass⁩’ parent company,” Underwood confirmed in a tweet. “My

AMC’s MoviePass competitor hits 380K users in 3 months, will increase U.S. attendance

As MoviePass flounders and runs out of cash, AMC’s competitive offering, AMC Stubs A-List, is scaling up quickly. The theater chain announced this morning the service is growing faster than anticipated, and has already signed up over 380,000 users in the three months since its late July launch. The growth