|Bid||0.0000 x 27000|
|Ask||0.0000 x 800|
|Day's Range||0.0002 - 0.0003|
|52 Week Range||0.0001 - 0.0094|
|Beta (5Y Monthly)||0.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2019 - Nov 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 12, 2014|
|1y Target Est||3,000.00|
MoviePass charged multiple fees to previous members after the company and its services were discontinued. Former customers were charged $9.95 to their account as well as a mysterious $5.64 charge. Yahoo Finance’s Dan Robert, Heidi Chung, and Kristin Myers discuss on YFi AM.
Credit Suisse initiated coverage of AMC with an outperform rating, saying the stock's selloff is 'over done.' Yahoo Finance's Seana Smith, Brian Sozzi, Ines Ferre and Dan Roberts discuss.
Helios and Matheson Analytics Inc. , the parent of the MoviePass cinema-ticket subscription service, said Wednesday it has filed for Chapter 7 bankruptcy, allowing a court to sell its remaining assets and wind down all operations. In a filing with the Securities and Exchange Commission, the company, which shuttered MoviePass back in September, said board members Prathap Singh, Gavriel Ralbag, Muralikrishna Gadiyaram and Joseph Fried have tendered their resignations, leaving the company with no remaining board members. Parthasarathy Krishnan has resigned as the Interim chief executive and Robert Damon has resigned as interim chief financial officer. MoviePass made a splash when it first started offering users unlimited entry to films for a monthly subscription price that was way below what was needed to cover the costs. The company was soon under water and was recording million-dollar monthly deficits. Executives said they were hoping to generate revenue by monetizing user data and selling ads for movies and theater chains, plans that never came to fruition. Before launching MoviePass, Helios and Matheson was a small data-analytics company. The stock has fallen to zero.
After a wild eight-year ride, Helios and Matheson Analytics Inc (OTC: HMNY) officially shut down its subscription movie theater service MoviePass last weekend. In a matter of years, MoviePass went from an unknown startup to a major disruptive force to a financial albatross for parent company Helios. MoviePass launched back in 2011, charging early customers $40 per month to see one movie per day of the subscriber’s choice at any theater.
MoviePass had all the workings of a genius tech start-up but was unable to execute its business model effectively. What does this mean for other unprofitable public companies?
Toll Brothers, Cree, Alibaba, Disney, Sony and Helios and Matheson Analytics are the companies to watch.
MoviePass made a splash in 2017 with its outrageous deals to see unlimited movies in theaters. Keeping that original deal alive proved too tough to keep up, but does that mean it isn't worth it anymore?
The rollout of Regal Unlimited, a year after AMC Stubs A-List, seems to make Helios and Matheson's currently suspended MoviePass app obsolete.
The leading movie chain's multiplex buffet is a hit for movie-hungry fans, but the stock has been cut in half since peaking late summer.
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.