Limited-Time $89.99 One-Year
Subscription
Costco Members Can Purchase a Year of Access
to Both Services at One Low Price
MoviePass™, the nation's premier movie-theater subscription
service and a majority-owned subsidiary of Helios and Matheson
Analytics Inc. (NASDAQ: HMNY), and Fandor®, the streaming service
with the largest collection of independent films, documentaries,
international features and shorts, today announced that both
companies are partnering with Costco to offer a one-year
subscription plan for a flat fee of $89.99. The package deal for
both services is available exclusively to Costco members and covers
a year of membership for both MoviePass and Fandor.
This press release features multimedia. View
the full release here:
http://www.businesswire.com/news/home/20171212005820/en/
MoviePass and Fandor Partner with Costco
on Movie Lovers Package (Photo: Business Wire)
The offer will only be available online at Costco.com for one
week, from December 12 to December 18, 2017.
Those who sign up for the one-year subscriptions will receive
digital codes providing instant access to Fandor’s library of over
5,000 films, as well as a year’s worth of the latest and greatest
in-theater experiences through MoviePass. The annual subscription
for both services is offered exclusively through Costco.com and
will be billed as a one-time payment of $89.99 at the time of
purchase.
MoviePass introduced its $9.95 per month subscription plan in
August 2017, as part of a majority acquisition of MoviePass by
Helios and Matheson Analytics Inc. (Nasdaq: HMNY) (“HMNY”). Since
the roll out of the $9.95 per month plan, MoviePass’ subscriber
base has grown to over 600,000 subscribers, delivering on its
promise to bring back the joy of the theater-going experience while
increasing movie theater attendance across the country.
“We’ve long been fans of Fandor’s library of movies and we’re
excited to partner with them and Costco to bring new members this
incredible limited-time offer,” said Mitch Lowe, CEO of MoviePass.
“MoviePass is ultimately about celebrating our love of movies,
whether you stream them at home or experience them on the big
screen. We feel strongly that our subscription model is a major
step forward for the industry, and the increased attendance that
we’ve seen as a result of the MoviePass service is an encouraging
sign not only for theaters, but for the studios and distributors as
well.”
Larry Aidem, President and CEO of Fandor, commented that:
“Fandor is excited about its continuing successful partnership with
MoviePass and the resulting benefit to movie lovers. Working with
our friends at Costco, Fandor and MoviePass together are offering
Costco customers access to over 5,000 movies available to stream at
home plus access to unlimited movies in theaters 365 days a
year.”
Costco members who purchase the combined deal will receive
digital codes that can be used to gain access to each annual
subscription. Members will need to enter each code on the
respective MoviePass and Fandor websites in order to complete the
sign-up process.
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 unlimited movies. 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 TV, 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.
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 www.hmny.com.
Cautionary Statement on Forward-Looking Statements and Other
Information in this Press Release
Certain information in this communication contains
“forward-looking statements” about HMNY and 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 (including the benefits of the
arrangement with Fandor and Costco described herein). Statements
regarding future events are based on the parties’ current
expectations and are necessarily subject to associated risks.
Therefore, actual results may differ materially and adversely from
those expressed in any forward-looking statements.
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 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
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, 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’ limited time subscription pricing
models (such as described herein) are new. There can be no
assurance that a resulting rate of increase in its subscribers from
these pricing models will occur, will continue or 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/20171212005820/en/
For Helios and Matheson AnalyticsThe Pollack PR Marketing
GroupStephanie Goldman/Mark Havenner,
212-601-9341sgoldman@ppmgcorp.com /
mhavenner@ppmgcorp.comorMoviePass Contact:LaunchSquad for
MoviePassGavin Skillman, 212-564-3665gavin@launchsquad.comorFandor
contact:Monica Hamonica.ha@fandor.com
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