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MoviePass tops 2M subscribers

Published 02/08/2018, 02:54 PM
© Reuters.  MoviePass tops 2M subscribers
  • MoviePass announces that it hit the 2M subscriber mark this month.
  • The news has helped to drive up shares of MoviePass owner Helios and Matheson Analytics (HMNY +8.2%).
  • "MoviePass is attracting people back to the movie theaters by lowering their cost, which we believe is transformational for the industry," says Helios CEO Ted Farnsworth.
  • "Based on the dramatic increase in the number of MoviePass subscribers over such a short period of time, we believe MoviePass will continue to grow its subscriber base significantly," chips in Moviepass CEO Mitch Lowe.
  • Source: Press Release
  • Previously: MoviePass army up to 1.5M (Jan. 9)
  • Now read: Cognizant Technology Solutions (NASDAQ:CTSH) Corporation 2017 Q4 - Results - Earnings Call Slides


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