• MoviePass is Getting Spun Off Into Its Own Separate Company to Avoid Bankruptcy

    28 days ago - By Slash Film

    MoviePass may be a sinking ship, but its parent company Helios and Matheson Analytics won't let the subscription service drag it down. Helios and Matheson is spinning its MoviePass assets out into a separate publicly traded company. To keep with the ship analogy, this makes MoviePass more like a sinking life raft, with its assets MoviePass Films, MoviePass Ventures, and MovieFone cut loose from Helios and Matheson's cruise liner.
    Deadline reports that Helios and Matheson has announced its intentions to spin the embattled MoviePass ticketing, film financing and production assets into a new...
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  • MoviePass Owner Plans to Spin Off Company Amid Financial Struggles

    MoviePass Owner Plans to Spin Off Company Amid Financial Struggles

    28 days ago - By The Wrap

    MoviePass's parent company Helios and Matheson Analytics Inc. announced plans on Tuesday to spin off the subscription movie-going service to create a new subsidiary that would become a separate publicly-traded company.
    The new subsidiary, named MoviePass Entertainment Holdings Inc., would become a vertically integrated film production, marketing and exhibition company. MoviePass would take ownership of the shares of MoviePass Inc. and other film related assets held by Helios and Matheson
    “For many years, HMNY has been focused on data analytics, and in that capacity we own assets like Zone...
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  • MoviePass To Be Spun Off By Helios And Matheson Into Separate Company

    28 days ago - By Deadline

    Helios and Matheson Analytics has announced plans to spin off long-troubled financing, production and fixed-price subscription ticketing service MoviePass into its own separate, publicly traded company.
    The spin, which has been given preliminary approval by the board of directors, aims to create a vertically integrated film production, marketing and exhibition company. Helios and Matheson is a data firm with broader holdings beyond entertainment.
    Under the plan, a new...
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