MoviePass™ and Fandor® Launch Bundled $7.95 Per
Month Annual Plan, A Savings of Over $120
MoviePass™, the nation's premier movie-theater subscription
service and a majority-owned subsidiary of Helios and Matheson
Analytics Inc. (NASDAQ: HMNY) (“HMNY”), and Fandor®, the
streaming service with the largest collection of independent films,
documentaries, international features and shorts, are introducing a
new annual subscription plan. This new MoviePass subscription plan
will allow movie-goers to visit the theater every day for a year,
and have access to the full Fandor content library for a year, for
just under $116.
This press release features multimedia. View
the full release here:
http://www.businesswire.com/news/home/20180209005810/en/
MoviePass (TM) and Fandor (R) launch
bundled $7.95 per month annual Plan, a savings of over $120.
(Photo: Business Wire)
This new annual offer lowers the MoviePass monthly price from
$9.95 to $7.95 and is coupled with an annual Fandor subscription.
This combined offer is back after testing a limited time run in
November 2017; it is now being reintroduced as a limited time offer
nationwide.
“MoviePass is not only a phenomenon in the entertainment
industry, but it has sparked a movement, now two million people
strong,” said Ted Farnsworth, Chairman and CEO of HMNY. “With this
new offer, we can make the movement even more accessible to
movie-goers. I believe our annual subscribers will become
influential movie consumers and an amazing asset and bellwether for
the film industry as a whole.”
"Fandor is excited to be part of the disruptive wave redefining
how audiences consume entertainment, making a broad range of
movies available to our movie-loving subscribers," said Larry
Aidem, President and CEO of Fandor. "We look forward to continued
collaborations with MoviePass in the coming year."
MoviePass presently drives more than 5% of the total nationwide
box office and continues to grow contribution as new subscribers
join.
“We’re thrilled to continue innovating and reinvigorating the
film and movie theater industries with MoviePass and Fandor,” said
Mitch Lowe, CEO of MoviePass. “With more than two million MoviePass
subscribers, and new ones joining every day, it’s clear that this
is a tool moviegoers need and want. This new offer allows us to
continue to reach more subscribers.”
Subscribers who sign up for this new offer will be billed
$115.35 ($7.95 a month + 19.95 processing fee), and will receive
one full year of MoviePass and one full year of unlimited streaming
from Fandor.
About Helios and Matheson
Helios and Matheson Analytics Inc. (Nasdaq: HMNY) is a provider
of information technology services and solutions, offering a range
of technology platforms focusing on big data, artificial
intelligence, business intelligence, social listening, and
consumer-centric technology. HMNY owns a majority interest in
MoviePass Inc., the nation's premier movie-theater subscription
service. HMNY’s holdings include RedZone Map™, a safety and
navigation app for iOS and Android users, and a community-based
ecosystem that features a socially empowered safety map app that
enhances mobile GPS navigation using advanced proprietary
technology. HMNY is headquartered in New York, NY and listed on the
Nasdaq Capital Market under the symbol HMNY. For more information,
visit us at www.hmny.com.
About MoviePass
MoviePass Inc. is a technology company dedicated to enhancing
the exploration of cinema. As the nation's premier movie-theater
subscription service, MoviePass provides film enthusiasts the
ability to attend up to one movie per day for a low subscription
price. The service, now accepted at more than 91% of theaters
across the United States, is the nation's largest theater network.
For more information, visit www.moviepass.com.
About Fandor
Fandor streams over 5,000 handpicked, award-winning movies from
around the world. With over 500 genres that include Hollywood
classics, undiscovered gems, and the latest festival favorites,
Fandor provides curated entertainment and original editorial
content on desktop, iOS, Android, Roku, Apple TV, Chromecast,
Amazon Prime, Sling, CenturyLink Stream, and throughout social
media. With a rapidly expanding library and innovative
partnerships, Fandor’s goal is to captivate and inspire a global
community of movie lovers.
Cautionary Statement on Forward-looking Information
Certain information in this communication contains
“forward-looking statements” about HMNY and MoviePass Inc.
(“MoviePass”) within the meaning of the Private Securities
Litigation Reform Act of 1995 or under Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended (collectively,
“forward-looking statements”), that may not be based on historical
fact, but instead relate to future events. Forward-looking
statements are generally identified by words such as “projects,”
“may,” “will,” “could,” “would,” “should,” “believes,” “expects,”
“anticipates,” “estimates,” “intends,” “plans,” “potential” or
similar expressions. Such forward-looking statements include,
without limitation, statements regarding MoviePass’ business and
prospects. Statements regarding future events are based on HMNY’s
and MoviePass’ current expectations and are necessarily subject to
associated risks.
Such forward-looking statements are based on a number of
assumptions. Although management of HMNY and MoviePass believe that
the assumptions made and expectations represented by such
statements are reasonable, there can be no assurance that a
forward-looking statement contained herein will prove to be
accurate. Actual results and developments (including, without
limitation, the ability of MoviePass to increase its base of
subscribers and drive the attendance of its subscribers to select
films in movie theaters and to generate profits from such
activities) may differ materially and adversely from those
expressed or implied by the forward-looking statements contained
herein and even if such actual results and developments are
realized or substantially realized, there can be no assurance that
they will have the expected consequences or effects.
Risk factors and other material information concerning HMNY and
MoviePass are described in HMNY’s Quarterly Report on Form 10-Q for
the quarter ended September 30, 2017 filed with the SEC on November
14, 2017, in HMNY’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2016 filed with the SEC on April 14, 2017, in
HMNY’s Current Report on Form 8-K filed on November 30, 2017 and
other HMNY filings, including subsequent current and periodic
reports, information statements and registration statements filed
with the SEC. You are cautioned to review such reports and other
filings at www.sec.gov.
Given these risks, uncertainties and factors, you are cautioned
not to place undue reliance on such forward-looking statements and
information, which are qualified in their entirety by this
cautionary statement. All forward-looking statements and
information made herein are based on HMNY’s and MoviePass’ current
expectations and HMNY does not undertake an obligation to revise or
update such forward-looking statements and information to reflect
subsequent events or circumstances, except as required by law.
In particular, MoviePass’ subscription pricing models are new.
There can be no assurance that MoviePass’ recent rate of increase
in its subscribers resulting from these pricing models will be
sustained. Moreover, an increase in the number of MoviePass
subscribers provides no assurance that the MoviePass business model
will lead to profitability.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180209005810/en/
HMNY Contact:The Pollack PR Marketing GroupStephanie
Goldman/Mark Havenner, 310-556-4443sgoldman@ppmgcorp.com /
mhavenner@ppmgcorp.comorMoviePass Contact:LaunchSquad for
MoviePassGavin Skillman, 212-564-3665gavin@launchsquad.comorFandor
Contact:Mackenzie DeLuca, 913-558-2492kenziemillspr@gmail.com
Helios and Matheson Anal... (CE) (USOTC:HMNY)
Historical Stock Chart
From Apr 2024 to May 2024
Helios and Matheson Anal... (CE) (USOTC:HMNY)
Historical Stock Chart
From May 2023 to May 2024