Warehouse wholesale giant extends the $89.99
Movie Lovers Package until January 10, 2018
Due to overwhelming demand, 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, today announced that both companies are extending their
Movie Lovers Package deal with Costco to offer a one-year
subscription plan until January 10, 2018. The package deal for both
services is available to Costco members for a flat fee of $89.99
and non-Costco members for $89.99 plus a 5% surcharge, 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/20171221005685/en/
Costco extends its offering with
MoviePass and Fandor into the New Year (Photo: Business Wire)
The offer will only be available online
at Costco.com until January 10, 2018.
Subscribers 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™. New members
will need to enter each code on the respective MoviePass™ and
Fandor websites in order to complete the sign-up process. 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
HMNY. Since the roll out of the $9.95 per month plan, MoviePass™’
subscriber base has grown to over 1 million subscribers in just 4
months, delivering on its promise to bring back the joy of the
theater-going experience while increasing movie theater attendance
across the country.
About MoviePass™
MoviePass, Inc. (“MoviePass”) 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 and
functionality 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 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’ 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/20171221005685/en/
HMNY Contact:The 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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