MIAMI--(BUSINESS WIRE)--MoviePass Inc., the nation’s premier movie theater subscription service and a majority-owned subsidiary of Helios and Matheson Analytics Inc. (Nasdaq: HMNY), today announced the company will be a lead sponsor for the Miami Dade College’s Miami Film Festival. MoviePass’ sponsorship donation is part of the company’s ongoing support for independent filmmakers and artists.
The Miami Film Festival is a charitable event held for 10 days each year to foster energy and commitment to the value of creative cinema. The mission of the festival is to bridge cultural understanding and encourage artistic development by provoking thought through film.
In addition, MoviePass will offer subscribers a chance to win tickets to exclusive Miami Film Festival events.
“Miami Film Festival and MoviePass share a common value for the traditional theatrical experience of cinema,” said Jaie Laplante, Executive Director & Director of Programming for Miami Dade College’s Miami Film Festival. “As cinema moves forward, we are thrilled to partner with MoviePass in their tipping point year and look forward to the energy of new ideas.”
“For MoviePass, it seemed like a natural partnership,” said Mitch Lowe, CEO of MoviePass. “We brought our subscription price down to make movies more accessible for movie-lovers. We want people to enjoy films that are off the beaten path, films that they may never have been exposed to if they had to pay the exorbitant ticket prices many theaters charge. Miami has a vibrant film community, and the world-class artists represented at the Miami Film Festival deserve to have their movies seen on the big screen just as much as any blockbuster.”
“Miami has a particular significance to us, since we have offices here and are very much invested in the community,” said Ted Farnsworth, CEO of HMNY and a Miami resident. “Our participation in this amazing film festival is to further our commitment to the importance of independent films and to do our part in making such an exciting film community successful.”
With over 2 million subscribers and counting, MoviePass is a major driver for independent movies and independent movie theaters across the country. The Miami Film Festival provides a unique platform for some of the world’s top filmmakers to showcase their cinema to the vibrant city of Miami and the film industry as a whole, growing and fostering a positive community of technical and creative talent.
About Helios and Matheson
Helios and Matheson Analytics Inc. (HMNY) is a provider of information technology services and solutions, offering a range of technology platforms focusing on big data, artificial intelligence, business intelligence, social listening, and consumer-centric technology. HMNY owns a majority interest in MoviePass Inc., the nation's premier movie-theater subscription service. HMNY’s holdings include RedZone Map™, a safety and navigation app for iOS and Android users, and a community-based ecosystem that features a socially empowered safety map app that enhances mobile GPS navigation using advanced proprietary technology. HMNY is headquartered in New York, NY and listed on the Nasdaq Capital Market under the symbol HMNY. For more information, visit us at www.hmny.com.
About MoviePass
MoviePass Inc. is a technology company dedicated to enhancing the exploration of cinema. As the nation's premier movie-theater subscription service, MoviePass provides film enthusiasts the ability to attend up to one movie per day for a low subscription price. The service, now accepted at more than 91% of theaters across the United States, is the nation's largest theater network. For more information, visit www.moviepass.com.
About Miami Dade College’s Miami Film Festival
Celebrating cinema in two annual events, Miami GEMS Festival in October and its 35th annual edition March 9 – 18, 2018, Miami Dade College’s Miami Film Festival is considered the preeminent film festival for showcasing Ibero-American cinema in the U.S., and a major launch pad for all international and documentary cinema. The annual Festival attracts more than 60,000 audience members and more than 400 filmmakers, producers, talent and industry professionals. It is the only major festival housed within a college or university. In the last five years, the Festival has screened films from more than 60 countries, including 300 World, International, North American, U.S. and East Coast Premieres. Miami Film Festival’s special focus on Ibero-American cinema has made the Festival a natural gateway for the discovery of new talent from this diverse territory. The Festival also offers unparalleled educational opportunities to film students and the community at large. Major sponsors of the 2017-18 Festival season include Knight Foundation, American Airlines and Miami-Dade County. For more information, visit miamifilmfestival.com or call 305-237-FILM (3456).
Cautionary Statement on Forward-looking Information
Certain information in this communication contains “forward-looking statements” about HMNY and MoviePass Inc. (“MoviePass”) within the meaning of the Private Securities Litigation Reform Act of 1995 or under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (collectively, “forward-looking statements”), that may not be based on historical fact, but instead relate to future events. Forward-looking statements are generally identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. Such forward-looking statements include, without limitation, statements regarding MoviePass’ business and prospects. Statements regarding future events are based on HMNY’s and MoviePass’ current expectations and are necessarily subject to associated risks.
Such forward-looking statements are based on a number of assumptions. Although management of HMNY and MoviePass believe that the assumptions made and expectations represented by such statements are reasonable, there can be no assurance that a forward-looking statement contained herein will prove to be accurate. Actual results and developments) may differ materially and adversely from those expressed or implied by the forward-looking statements contained herein and even if such actual results and developments are realized or substantially realized, there can be no assurance that they will have the expected consequences or effects.
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