Latest in Helios and Matheson

After a disastrous prelude to the weekend that saw its subscription ticketing service sidelined because of a cash crunch and related app outages, the bleeding continued today for MoviePass. Stock in its parent company, Helios & Matheson, plummeted an eye-popping 60% on the day, closing at 80 cents a share. During the…

UPDATED with closing stock price. As one of the biggest movie weekends of the summer begins, news of a MoviePass service interruption is crushing the stock of its parent company and raising new questions about the subscription ticketing service. Paramount opens Mission: Impossible – Fallout today, which had strong…

A day after MoviePass parent Helios & Matheson expressed confidence that a shareholder rescue plan would enable the subscription ticketing service to continue its disruptive ways, Wall Street weighed in otherwise. One of the new measures — a 1-to-250 reverse stock split, which dramatically reduced the number of shares…

Ted Farnsworth, head of MoviePass parent Helios & Matheson, teased the rollout of a Rotten Tomatoes-like ratings service and other “disruptions” over the next 90 days during a conference keynote this morning in New York. “You’re going to see a lot of disruption from us in the next 90 days that’s going to flip…

In an effort to keep subscription ticketing service MoviePass afloat, parent company Helios & Matheson Analytics said it may raise up to $1.2 billion through a combination of stock and debt offerings. According to an SEC filing, the company said it would use the proceeds “for general corporate purposes of Helios and…

As it continues to experience financial convulsions, with investors and film business executives questioning its long-term survival, MoviePass has responded to the crisis in bold fashion: It is now selling merch. The subscription movie ticketing service, which is owned by Helios & Matheson Analytics, has just opened…

Shares in MoviePass parent Helios & Matheson Analytics fell another 15% to close at a new all-time low of 24.62 cents as Wall Street continued to digest unsettling disclosures about its finances. After starting the year at $7.23 (down from a peak of around $32 last fall), shares have plunged into dangerous territory…

The bizarre ride of MoviePass parent Helios and Matheson Analytics continued today after the company issued a preliminary proxy report unveiling proposals to overhaul its financial structure. With 15 minutes to go in today’s trading session, not long after the filing was posted, company shares abruptly spiked by more…

MoviePass parent company Helios & Matheson Analytics has launched a new subsidiary, MoviePass Films, and said it is acquiring Emmett Furla Oasis Films, producer of movies including Lone Survivor. The deal encompasses the EFO Films library as well as the company’s current slate, which includes Gotti, the John Travolta…

Skies over MoviePass grew darker today as parent company Helios & Matheson Analytics saw its stock price drop another 12% to close at an all-time low of 54 cents. The share price has plunged more than 75% this month alone after execs warned in an SEC filing that they were running low on cash reserves. Exhibitors, most…

UPDATED at 3PM PT to reflect Wednesday trading. The stock of MoviePass parent Helios & Matheson has gone into free fall, with two days of steep drops leaving it at an all-time low of 79 cents a share. In an SEC filing Tuesday, the company disclosed that it had only $15.5 million in available cash at the end of April…

UPDATED with closing price. Shares in MoviePass majority owner Helios & Matheson Analytics have plunged 40% today, wiping out gains from earlier this week. The stock, which recovered somewhat from its intraday low of $2.12, closed at $2.55, down 33% for the day. It has been on a wild ride over the past few months…