|Bid||0.0000 x 27000|
|Ask||0.0000 x 800|
|Day's Range||0.0025 - 0.0030|
|52 Week Range||0.0025 - 129.0000|
|Beta (3Y Monthly)||-2.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 31, 2019 - Jun 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3,000.00|
Moviefone™, the iconic media, news, and entertainment information service owned by Helios and Matheson Analytics Inc. (HMNY), announced the first season of THE MS. MOVIEFONE SHOW, a 16-episode interview series executive produced and hosted by Grae Drake (AKA Ms. Moviefone). MOVIEFONE SHOW will cover the hottest releases and the biggest stars, celebrating all things movie related in an interview show where NO ONE behaves, and EVERYONE has fun.
The movie ticket subscription service finally admits you can't make a profit paying full price for something you're going to resell at a discount.
Sinemia shuts down stateside operations -- effectively immediately -- as it concedes that its third-party movie service is unsustainable.
Qualcomm made a lot of investors a lot of money this week when its stock surged on word of the chip maker’s long-awaited settlement with Apple. An Australian options trader was not one of those investors.
Moviefone™, the iconic media, news, and entertainment information service owned by Helios and Matheson Analytics Inc. (HMNY), today announced that former Rotten Tomatoes Senior Editor, Grae Drake, has assumed the role of “Ms. Moviefone” to serve as Moviefone’s leading brand personality. A nod to the memorable “Mr. Moviefone” character, Ms. Moviefone plans to become a pillar of the film industry and a go-to source for providing commentary on the entertainment industry and recommending which audiences will like which movies.
Stock splits can take several forms, and they don’t directly affect the value of your investments -- although the reasoning behind them can.
In the latest MoviePass news, parent company Helios and Matheson Analytics (OTCMKTS:HMNY) sold a large chunk of its new shares to cover expenses related to the troubled cinema business, playing a role in HMNY stock losing more than half its value on Tuesday.Source: WikipediaThe IT service management business said in a press release today that it had raised $6 million in new financing. Raising the money required Helios and Matheson Analytics to sell roughly 60,000 new shares of preferred stock "Helios' Series B Preferred Stock," which the company said are "convertible to 1,000,020,000 shares of its common stock."The move is an extension of previous moves in which the business has sold large amounts of new stocks in order cover hundreds of millions in losses linked to MoviePass, which went under a few months ago, but the company has been attempting to revive in recent weeks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company's decisions have greatly diluted the value of shareholders' stake in the company. Helios and Matheson Analytics also recently amended its latest quarterly report for the period ending September 30, displaying a net loss of $138.6 million. The business said the net proceeds of the financing will be used to "accelerate MoviePass' product development, fine tune its subscription technology, and increase MoviePass Films' investment in new films."HMNY stock fell roughly 55.6% on Tuesday by closing time, with shares selling for less than a penny per share heading into Wednesday. More From InvestorPlace * 7 Marijuana Stocks to Play the CBD Trend * 10 Stocks on the Rise Heading Into the Second Quarter * 7 Beaten-Up Stocks to Buy as They Reverse Course Compare Brokers The post MoviePass News: Why HMNY Stock Is Nosediving Today appeared first on InvestorPlace.
MoviePass parent Helios & Matheson Inc. said Tuesday it raised $6 million in a new round of financing. The company said it plans to use the proceeds from the financing to support its MoviePass subscription business, including accelerating product development, improving its technology and increasing investment in new films. "We are building the infrastructure, data and tools that we believe will power the next generation of MoviePass," said Helios Chief Executive Ted Farnsworth. Under terms of the financing, Helios reached an agreement for the purchase of 60,000 preferred shares by certain institutional investors, which are convertible into about 1 billion shares of common stock and accompanying warrants to by about 60,000 preferred shares. Helios shares plummeted 37% in premarket trade, to below a penny. The stock has lost virtually all of its value over the past 12 months, while the S&P 500 has gained 5.3%.
MoviePass™ and MoviePass Films’ parent company, Helios and Matheson Analytics Inc. (HMNY) (“Helios”), today announced it has raised a $6 million new round of financing. Helios plans to use the net proceeds of the financing to accelerate MoviePass’ product development, fine tune its subscription technology, and increase MoviePass Films’ investment in new films. “We are building the infrastructure, data and tools that we believe will power the next generation of MoviePass,” said Ted Farnsworth, Chairman and CEO of Helios.
Stacy Spikes helped change the way people think about going to the movies. With PreShow, he wants to do it again.
MoviePass, which is owned by Helios & Matheson Analytics Inc. , said Tuesday it was launching a new "uncapped" subscription plan for $9.95 a month for a 12-month subscription, for a limited time. The monthly plan for MoviePass Uncapped is $14.95, for a limited time. The standard price will rise to $19.95 a month when the limited-time offers expire. MoviePass Uncapped includes no cap on the number of 2D movies in MoviePass's theater network, which has more than 30,000 screens in the U.S., a "large" selection of blockbusters and independent films and the ability to reserve tickets three hours before showtime. "We are - and have been - listening to our subscribers every day, and we understand that an uncapped subscription plan at the $9.95 price point is the most appealing option to our subscribers," said Helios & Matheson Chief Executive Ted Farnsworth. "While we've had to modify our service a number of times in order to continue delivering a movie-going experience to our subscribers, with this new offering we are doing everything we can to bring people a version of the service that originally won their hearts." H&M shares gained 1.1% in morning trade. They have lost virtually all their value over the past 12 months, while the Russell 2000 has slipped 0.5% and the S&P 500 has gained 4.8%.
Some pretty shrewd moves by the country's leading multiplex operator played a part in the fade-out of Helios and Matheson's once-red-hot movie subscription service.
SAN DIEGO, CA / ACCESSWIRE / March 18, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of Helios and Matheson Analytics Inc. (NASDAQ: HMNY). ...
MoviePass parent Helios & Matheson Analytics Inc. disclosed Friday that Chief Financial Officer Stuart Benson has resigned, effective March 22. The company said Benson is resigning to "accept another employment opportunity." Helios & Matheson plans to start a search for a new CFO, "as soon as practicable." The stock, which is still inactive in premarket trade, has lost virtually all of its value over the past 12 months, while the S&P 500 has gained 2.2%.
MoviePass owner Helios & Matheson Analytics Inc. said Tuesday that it overstated revenue and understated losses in the September-ended quarter as a result of accounting errors, the latest setback for a company struggling to remain solvent and grow its business outside of the movie-subscription service. Helios said it should have posted a third-quarter net loss of $138.5 million, or 22 cents a share, instead of the $129.6 million, or 20 cents a share, it initially reported. Total revenue was $74.7 million, instead of the initially reported $81.3 million.
MoviePass parent Helios & Matheson Analytics Inc. disclosed Tuesday that its financial statements for quarter ended Sept. 30, 2018 "should no longer be relied upon" give accounting errors related to the overstatement of subscription revenue. As a result, the company's preliminary restated net loss for the quarter widened to $146.7 million from $137.2 million, and the restated revenue declined to $74.7 million from $81.3 million. The company said the previous results included "erroneous recognition" of about $700,000 in revenue from MoviePass subscriptions that had been terminated through refunds of subscriptions by Costco Wholesale Corp. and up to about $5.9 million in revenue from subscriptions that were in a suspended state given changes made to the service that had not yet been consented to by subscribers. Helios & Matheson said it has determined that a "material weakness" existed in its internal control over financial reporting. The stock, which trades over the counter, was down slightly at an effective price of about a penny. It has lost virtually all of its value over the past 12 months, while the S&P 500 has edged up 0.35.
Following the previously announced intention to create a vertically integrated film production and exhibition company called MoviePass Entertainment Holdings Inc., MoviePass™ and MoviePass Films announced their new business strategy going forward. MoviePass™ and MoviePass Films plan to implement a new business model that prioritizes self-generated revenues without dependence on studios or exhibitors, to build more reliable revenue streams. The future growth of the MoviePass™ group of companies will require us to take advantage of the rapidly evolving media landscape.
Movie-subscription service MoviePass says it is revamping its business model after a tumultuous year. MoviePass gained popularity in 2017, when it offered customers the ability to see a film a day in theaters for about $10 a month. On Wednesday, MoviePass said that going forward it will work closely with a film-production unit launched by Helios, with the goal of getting the businesses to reinforce each other.