Comment on Shareholders sue MoviePass parent

Shareholders sue MoviePass parent

It was a year ago on Wednesday that MoviePass Inc. launched its $10 all-you-can-watch-moviegoing plan, but shareholders in its parent company aren’t in a celebratory mood. Helios and Matheson Analytics Inc. quietly posted its quarterly earnings late Tuesday, revealing an operating loss of $127 million for the three months ended June 30 — up from a loss of less than $3 million during the same time frame a year ago before the disruptive MoviePass plan took effect. Shareholders now have filed…

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News