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Helios & Matheson Files to Spin Off Struggling MoviePass

MoviePass App As Company Makes It Harder To See Movies — Photographer: Andrew Harrer/Bloomberg

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By John J Edwards

January 17, 2019 at 3:18 PM UTC

This article is for subscribers only.

Helios & Matheson Analytics Inc. filed for a spinoff of its MoviePass unit, a discount-cinema service whose struggles to find a workable business model have left the parent company on the brink of delisting.