High Tech > Business

MoviePass to be jettisoned by parent company

5 monthes ago   |   By Phys.org

MoviePass, the struggling discount movie ticket subscription service, is being spun off by the company that owns it.
Read more ...

 

The owner of MoviePass soars as much as 50% to $0.025 after saying it plans to spin-off the company

The owner of MoviePass soars as much as 50% to $0.025 after saying it plans to spin-off the company

5 monthes ago   |   By Business Insider

Helios & Matheson Analytics , announced Tuesday its plan to make MoviePass a separate public company listed on the US market.
The company said it's considering distributing some common shares of MoviePass Entertainment as a dividend to stockholders of the parent company.
Shares surged as much as 50% to $0.025 apiece on the news.
Watch Helios and Matheson Analytics trade in real time here.
Shares of Helios & Matheson Analytics , the owner of MoviePass, exploded by as much as 50% to $0.025 apiece Tuesday after the company announced its plans to spin-off MoviePass and make it a separate...
Read more ...

 

MoviePass' parent wants to spin it off into a separate company, as the government investigates its finances

MoviePass' parent wants to spin it off into a separate company, as the government investigates its finances

5 monthes ago   |   By Business Insider

MoviePass' parent company, Helios and Matheson Analytics, wants to spin off MoviePass into a separate, publicly traded company.
Helios and Matheson has been under fire for months from angry investors, and the New York Attorney General's office recently confirmed it was investigating whether the company had misled investors .
Helios and Matheson has a complicated history as a Nasdaq-listed company, and was once controlled by an Indian company accused of massive fraud.
On Tuesday, MoviePass parent company, Helios and Matheson Analytics , announced a " preliminary plan " to spin off MoviePass...
Read more ...

 

MoviePass parent company to spin off MoviePass

5 monthes ago   |   By TechCrunch

Helios and Matheson Analytics 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 creating a subscription service for movie theaters. HMNY wanted to attract enough subscribers to generate more data about the movie industry. This data could then be leveraged for targeted advertising.
But MoviePass has had so many financial issues that it's hard to believe it's...
Read more ...

 

MoviePass to spin out from its parent company amid legal woes

5 monthes ago   |   By Engadget

If you're in any way familiar with Helios and Matheson Analytics , you probably know it only as the owner of MoviePass - and the company would unsurprisingly like to change that perception. Its board has greenlit a preliminary plan...
Read more ...

 

MoviePass is getting spun off as its own separate company

MoviePass is getting spun off as its own separate company

5 monthes ago   |   By The Verge

MoviePass parent company Helios and Matheson has announced a preliminary plan to spin off the struggling subscription move service into its own, separate company
“Since we acquired control of MoviePass in December 2017, HMNY largely has become synonymous with MoviePass in the public's eye, leading us to believe that our shareholders and the market perception of HMNY might benefit from separating our movie-related assets from the rest of our company,” commented Helios and Matheson CEO Ted Farnsworth in announcing the move.
Developing...
Read more ...

 


Search by Tags

   Business      Tech      Entertainment      Helios and Matheson Analytics      HMNY      Moviepass      Av      Gear      Internet      Movies      Services      Spinoff      Subscription  


Amazon Music's free ad-supported tier goes live, but only for Alexa users

Amazon Music's free ad-supported tier goes live, but only for Alexa users

Amazon has launched a free tier of its music streaming service in the US that is ad-supported and available to use through the company's Echo speaker and other Alexa devices... Read more ...

Surprise! Facebook screwed up on even more Instagram passwords

Surprise! Facebook screwed up on even more Instagram passwords

Back in March, Facebook revealed that it had been storing passwords from a number of its products in plain text. Though it didn't give a precise amount, Facebook said that... Read more ...

Add Craigslist to the tech platforms Russians used to manipulate the 2016...

Add Craigslist to the tech platforms Russians used to manipulate the 2016 election

In one of the weirder revelations to come out of the Mueller report released this morning, it seems that Craigslist was yet another tech platform used in Russia's election... Read more ...

Amazon and Google agree to more support for each other's streaming services

Amazon and Google agree to more support for each other's streaming services

Amazon and Google have taken a major step toward thawing their relationship: YouTube will be officially supported on all Fire TV devices, and Prime Video will work on all... Read more ...

Fortnite World Cup Creative earmarks $3 million for prize pool

Fortnite World Cup Creative earmarks $3 million for prize pool

If your Fortnite battle royale skills are lacking but you dominate in Creative efforts, good news: Epic Games has announced the Fortnite World Cup Creative event. This part of... Read more ...

Breeze Automation is building soft robots for the Navy and NASA

Breeze Automation is building soft robots for the Navy and NASA

San Francisco soft robotics startup Breeze Automation made its debut today onstage at TechCrunch's TC Sessions: Robotics + AI event at UC Berkeley. Co-founder and CEO Gui... Read more ...

Instagram hides Like counts in leaked design prototype

Instagram hides Like counts in leaked design prototype

“We want your followers to focus on what you share, not how many likes your posts get. During this test, only the person who share a post will see the total number of likes it... Read more ...

Best Cars of the 2019 New York Auto Show

Best Cars of the 2019 New York Auto Show

With new neighbors , NYIAS rocks. Plenty of compact cars suited for crowded metro New York. Or the Mercedes-Benz GLS, the champion highway cruiser. Read more ...

Yale scientists restore cellular activity in a pig's brain hours after its death

Yale scientists restore cellular activity in a pig's brain hours after its death

In what some may view as a porcine version of Frankenstein, Yale University scientists have restored circulation and cellular activity in a pig's brain four hours after its... Read more ...

Publishers are scrambling to ready ebook versions of the Mueller report

Publishers are scrambling to ready ebook versions of the Mueller report

For nearly two years, Special Counsel Robert Mueller has been investigating Russia's efforts to influence the 2016 presidential election, and earlier today, the results of his... Read more ...