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MoviePass’ parent company had a really rough quarter

Brian Heater
MoviePass’ parent company had a really rough quarter

The company that owns MoviePass lost a ton of money last quarter. Unsurprising, I realize, but in context, it’s actually a bit of a mind boggling. The more austerely named Helios and Matheson Analytics had one heck of a tough quarter, posting a $126.6 million operating loss, as compared to a loss of $2.7 million a year prior.