Brief: Moviepass - New Subscription Offering Continues At A Monthly Price Of $9.95

Helios and Matheson Analytics

06/08/2018 14:18

Aug 6 (Reuters) - Helios and Matheson Analytics Inc
 HMNY.O :
    * MOVIEPASS - NEW SUBSCRIPTION OFFERING CONTINUES AT A
MONTHLY
PRICE OF $9.95
    * MOVIEPASS - FOR SUBSCRIBERS WHO HAVE MIGRATED TO NEW
SUBSCRIPTION PLAN, SUSPENDING PEAK PRICING AND TICKET
VERIFICATION
    * MOVIEPASS - NEW OFFERING INCLUDES NEW RELEASES, SUSPENDS
PEAK
PRICING & TICKET VERIFICATION & INTRODUCES BOUNDARIES TO ENSURE
LONG-TERM STABILITY
    * MOVIEPASS - EXPECT THAT NEW SUBSCRIPTION MODEL WILL HAVE
NO
IMPACT WHATSOEVER ON OVER 85 PERCENT OF SUBSCRIBERS
    * MOVIEPASS- WILL NOT BE RAISING PRICES TO $14.95 A MONTH
    * MOVIEPASS - ANNUAL SUBSCRIBERS WILL NOT BE AFFECTED BY
THIS PLAN
UNTIL THEIR RENEWAL DATES
    * MOVIEPASS -  BELIEVE NEW BUSINESS MODEL WILL IMMEDIATELY
REDUCE
CO'S BURN
    * MOVIEPASS - BEGINNING AUG 15, SUBSCRIBERS WILL TRANSITION
TO NEW
PLAN UPON RENEWAL, GIVING THEM UP TO 3 MOVIES A MONTH FOR $9.95

Source text for Eikon:  ID:nBwbDh0nPa 
Further company coverage:  HMNY.O 

 (Reuters.Briefs@thomsonreuters.com)