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MoviePass officially shut down on Saturday, September 14th, ending the platform’s controversial two-year run as a would-be disruptor of the moviegoing business. It’s easy to write the company ...
He added that Helios shareholders and the “market perception” might benefit by spinning off all the company’s movie-related assets. Helios and Matheson stock was trading at an all-time high ...
Helios and Matheson has issued nearly 9.64 million shares between $3.25 and $4 per share. HMNY paid $28.5 million for its now 53.71% stake and had to issue dilutive convertibles to fund the ...
And Cinemark unveiled Movie Club, a monthly plan that lets people buy a movie ticket a month for a discounted price of $8.99, last year. MoviePass has another problem. It wants to be the Netflix ...
So, I contacted Helios & Matheson and arranged for an interview with Ted Farnsworth. Here's how our conversation went… Mark Gomes : Last month you made a deal to acquire 51% of MoviePass for $27 ...
Helios owns approximately 92% of the outstanding shares (excluding options and warrants) of MoviePass Inc., the nation's premier movie-theater subscription service.
Helios and Matheson, the parent company behind the popular movie subscription service, has seen better days. Its stock has fallen 99% to as low as 17 cents per share from nearly $39 last October.
Helios and Matheson announced that it was shutting down MoviePass for good. However, a few days later, CEO Ted Farnsworth resigned in order to bid for MoviePass and other assets.
MoviePass parent Helios and Matheson on Friday said it would seek — again — to get shareholder authorization to reverse split its stock.; The company is in imminent danger of having its stock ...
Shares of MoviePass majority owner Helios and Matheson (NASDAQ: HMNY) are down 29.8% in midday trading on the Nasdaq, and bouncing around a share price of $5.63 as of 11:25 a.m. EST. While Helios ...
Shares of MoviePass majority owner Helios & Matheson Analytics Inc. rose as much as 7.2% intraday Thursday, before pulling back to be up just 0.2% in afternoon trade, after the movie-theater ...
The parent company of MoviePass wants to spin off the movie subscription business as a separate public company. Helios and Matheson announced Tuesday that its board of directors has preliminarily ...