Consumers Can Now Gain Access to Premium
Format Screenings That Include IMAX and 3D and a Special
Limited-Time Holiday Offer
MoviePass™, the nation’s premier movie theater subscription
service and a majority-owned subsidiary of Helios and Matheson
Analytics Inc. (Nasdaq: HMNY) (“Helios”), announced that, after
months of determined testing, it will introduce an updated pricing
plan for the new year, effective January 1, 2019. Starting at just
$9.95 per month, the plans will feature a three-tier pricing
structure. In addition to rolling out the new plans, MoviePass is
offering two special, limited-time 12 month offers to their
subscribers and for gift-giving during the holiday season.
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the full release here:
https://www.businesswire.com/news/home/20181206005457/en/
MoviePass subscribers get value-added
options in 2019 pricing plans.
The 2019 plans all offer users three movies a month – or the
equivalent of up to 36 movies per year in a variety of movie-going
options, and will target the casual moviegoer — by far the largest
portion of the movie-going public.
The new plans are:
- SELECT (starting at $9.95/month):
Subscribers will be able to see three movies per month at some
point during their theatrical run through a programming model
(announced the week prior), which at launch will exclude Opening
Weekends. Title selection in this plan includes standard 2D movies
only. As product enhancements take place, more titles will become
available, including on Opening Weekends, and this plan will
ultimately result in a showtime-driven, inventory model.
- ALL ACCESS (starting at $14.95/month):
Subscribers will be able to see any three movies of their choice
per month, at any time during their theatrical run, including
Opening Weekend showtimes. Title selection in this plan includes
standard 2D movies only.
- RED CARPET (starting at $19.95/month):
Subscribers will be able to see any three movies of their choice
per month, at any time during their theatrical run, including
Opening Weekend showtimes. Subscribers of RED CARPET may choose to
use one of their allotted three movies in IMAX 2D, IMAX 3D, or
supported Premium Large Format (PLF) screenings, including RealD 3D
showings at launch.
An added element of the new pricing structure is zoning by
geographical area. It is designed to reflect the differences in the
average ticket price in different areas of the country. The zoned
pricing structure for each of the new plans is as follows:
SELECT All ACCESS RED
CARPET Zone 1 9.95 14.95 19.95
Zone 2 12.95 17.95 21.95
Zone 3
14.95 19.95 24.95
Limited-Time Holiday Offer
MoviePass’ limited-time holiday offer features the ALL ACCESS
and RED CARPET plans at a reduced-rate for 12 months. Starting on
December 6th, users will be able to purchase a single ALL ACCESS
subscription for 12 months at $119.95, and two or more ALL ACCESS
subscriptions for 12 months at $99.95 per subscription. During the
same period, users will be able to purchase a single RED CARPET
subscription for 12 months for $149.95, and two or more RED CARPET
subscriptions for 12 months at $139.95 per subscription. This
pricing program is introductory and for a limited time only.
ONE TWO OR MORE
ALL ACCESS $119.95 $99.95
RED
CARPET $149.95 $139.95
The Company will communicate the various options available to
its current subscribers, including the option to remain on an
existing plan.
“Change is necessary. We won the hearts of millions of
moviegoers, now we need to win back their confidence,” explains
Mitch Lowe, CEO of MoviePass. “We realize that the past year
brought our subscribers many modifications and even some surprises,
some of which weren’t well-received; but we listened, we
reassessed, and we believe we are primed to offer the American
consumer the absolute best offering across America in 2019 and
beyond.”
“With a viable business model that partners with exhibition and
distribution, we empower casual moviegoers in both message and
offering,” said Ted Farnsworth, Chairman & CEO of HMNY. “We
view the model as the foundation to reach new members and regain
positive momentum in the marketplace.”
“We are a tech company in the entertainment space and we love
going to the movies – that’s where movies are best seen: on the big
screen. We carefully listened to our community, learned, and are
strongly committed to getting people back to the movies – the
way they want to go. The new MoviePass is one that is customized
for the consumer,” said Khalid Itum, MoviePass’ new Executive Vice
President, “I believe our new plans demonstrate this commitment and
will continue to build relationships with audiences across
America.”
About Helios and Matheson Analytics
Helios and Matheson Analytics Inc. (Nasdaq:HMNY) (“Helios”) is a
provider of information technology services and solutions, offering
a range of technology platforms focusing on big data, artificial
intelligence, business intelligence, social listening, and
consumer-centric technology. Helios currently owns approximately
92% of the outstanding shares (excluding options and warrants) of
MoviePass Inc., the nation's premier movie-theater subscription
service. Helios' holdings include RedZone Map™, a safety and
navigation app for iOS and Android users, and a community-based
ecosystem that features a socially empowered safety map app that
enhances mobile GPS navigation using advanced proprietary
technology. Helios is headquartered in New York, NY and listed on
the Nasdaq Capital Market under the symbol HMNY. For more
information, visit us at www.hmny.com.
About MoviePass Inc.
MoviePass Inc. (“MoviePass”) is a marketing technology platform
enhancing the exploration of film and the moviegoing experience. As
the nation's premier movie-theater subscription service, MoviePass
provides film enthusiasts the ability to attend select new movies
in theaters. The service, now accepted at more than 91% of theaters
across the United States, is the nation's largest theater network.
Visit us at moviepass.com.
Cautionary Statement on Forward-looking Information
Certain statements in this communication contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 or under Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended (collectively, “forward-looking statements”) that
may not be based on historical fact, but instead relate to future
events, including without limitation statements containing the
words “believe”, “may”, “plan”, “will”, “estimate”, “continue”,
“anticipate”, “intend”, “expect” and similar expressions. All
statements other than statements of historical fact included in
this communication are forward-looking statements.
Such forward-looking statements are based on a number of
assumptions. Although Helios’ management believes that the
assumptions made and expectations represented by such statements
are reasonable, there can be no assurance that a forward-looking
statement contained herein will prove to be accurate. Actual
results and developments may differ significantly from those
expressed or implied by the forward-looking statements contained
herein and even if such actual results and developments are
realized or substantially realized, there can be no assurance that
they will have the expected consequences or effects. Some, but not
all, of these risks include, among other things: our capital
requirements and whether or not we will be able to raise capital as
needed; whether our new subscription plan and business model will
be successful; our ability to successfully develop the business
model of MoviePass, Moviefone, MoviePass Films and MoviePass
Ventures; our ability to retain our existing subscribers and market
and sell our services to new subscribers following the change in
the subscription plan and business model; our ability to integrate
the operations of MoviePass, Moviefone, MoviePass Films and
MoviePass Ventures and other acquired businesses into our
operation; and the risk factors described in Helios’ Annual Report
on Form 10-K for the fiscal year ended December 31, 2017, its
quarterly reports on Form 10-Q for the quarters ended June 30, 2018
and September 30, 2018, including subsequent current and periodic
reports, information statements and registration statements filed
with the U.S. Securities and Exchange Commission. You are cautioned
to review such reports and other filings at www.sec.gov
Given these risks, uncertainties and factors, you are cautioned
not to place undue reliance on such forward-looking statements and
information, which are qualified in their entirety by this
cautionary statement. All forward-looking statements and
information made herein are based on Helios’ current expectations
and Helios does not undertake an obligation to revise or update
such forward-looking statements and information to reflect
subsequent events or circumstances, except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181206005457/en/
HMNY Contact: Stephanie Goldman/Emily FrumbergThe Pollack PR
Marketing Group(212) 601-9341sgoldman@ppmgcorp.com / efrumberg@ppmgcorp.com
MoviePass Contact: Gavin SkillmanLaunchSquad for MoviePass(212)
564-3665gavin@launchsquad.com
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