Parent Company Helios and Matheson Analytics to Spin Off MoviePass

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In October, MoviePass parent company Helios & Matheson Analytics Inc. (NASDAQ: HMNY) announced that it would spin off its struggling movie subscription service, MoviePass. That idea is now a reality. The company made the announcement in a January 17 news release, advising that it has filed a confidential S-1 registration statement with the Securities and Exchange Commission to create MoviePass Entertainment Holdings Inc.

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