Is Helios And Matheson Going Out Of Business?

What happened to Helios and Matheson?

In October 2018, the Attorney General of New York opened an investigation into Helios and Matheson Analytics, looking into whether it misled investors about the company’s financial situation.

On January 28, 2020, the company filed for chapter 7 bankruptcy and announced plans to liquidate its assets..

Is MoviePass ever coming back?

MoviePass, the long-embattled film subscription service, has shut down for “several weeks” in order to complete work on an updated version of its app and to recapitalize for when the service relaunches. … The service shut down on July 4th at 5AM ET, and MoviePass has not announced when it will come back online.

Did MoviePass shutdown?

Theater-subscription service MoviePass officially shut down on Saturday, September 14th, ending the platform’s controversial two-year run as a would-be disruptor of the moviegoing business.

Why did MoviePass shutdown?

On Friday, MoviePass notified remaining subscribers that it would be shutting down the service effective Sept. 14, 2019, because “its efforts to recapitalize MoviePass have not been successful to date,” parent company Helios and Matheson Analytics announced.

Who owns Helios and Matheson?

SecurityHMNY / Helios and Matheson Analytics Inc. (42327L200)CEO, Zone Technologies, Inc.FARNSWORTH THEODOREFinpedia ArticleHelios and MathesonIndustryMiscellaneous Business ServicesInstitutional Owners173 more rows

Is HMNY going to recover?

The once-high-flying HMNY stock took a swan dive and never recovered. … HMNY stock, which has traded over the counter since being delisted by the Nasdaq in February, closed Friday at . 93 of a cent, essentially where it has been for the past few months.

What is happening with MoviePass?

Share All sharing options for: MoviePass is shutting down September 14th. MoviePass, the subscription service that spent enormous amounts of venture capitalists’ money subsidizing movie tickets in a bid to upend the theater business model, is officially shutting down on September 14th.

What does HMNY mean?

Horns at Midnight New YearHorns at Midnight New Year. *** HMNY.

Who started MoviePass?

Stacy SpikesHamet WattMoviePass/Founders