MoviePass™, the nation’s premier movie theater subscription service
and a majority-owned subsidiary of Helios and Matheson Analytics
Inc. (Nasdaq:HMNY), today announced a partnership with Flix
Brewhouse™, the nation’s only cinema circuit that pairs full
service in-theater dining with an award-winning craft brewery at
every location. Started in 2011, Flix Brewhouse is based in Round
Rock, Texas and operates locations there as well as in Iowa,
Indiana, New Mexico, and the DFW metroplex, which is expected to
open in April 2018.
As of the time of the announcement of the partnership, MoviePass
is fully integrated into the POS ticketing systems at all Flix
Brewhouse theaters. MoviePass members can now use the service at
Flix Brewhouses for additional benefits and features, including
e-ticketing, in-app reserved seat selection, advance screening
booking. The announcement comes as MoviePass continues to expand
its exhibitor presence by focusing on partnering with exciting and
innovative exhibitors around the country.
“Like MoviePass, Flix Brewhouse is a progressive, tech-forward
company and we’re thrilled they’ve decided to partner with us as we
continue to gain ground in improving the theater-going experience,”
said Bernadette McCabe, Senior Vice President of Exhibitor
Relations & Business Strategy at MoviePass. “We love the
in-house brewery and dining model they’ve pioneered, as it
perfectly aligns with our mission to revamp the conventional
approach of going to the movies.”
“Flix Brewhouse is bullish on the long-term future of
experiential out-of-home entertainment, and we’re excited to work
with the like-minded professionals at MoviePass to add more value
to movie-going,” stated Flix CEO Allan Reagan. “Our early result
piloting full POS integrations with MoviePass has been a measurable
uplift in same-store box office revenues compared to industry
averages.”
MoviePass currently boasts over two million members nationwide.
With additional theaters opening in Madison, Wisconsin and suburban
Phoenix later this year, Flix Brewhouse expects total 2018
attendance of approximately two million, including MoviePass
members. Flix recently announced a $26M equity investment, which it
expects will fuel growth to 11 locations and 95 screens by the end
of 2019, with a robust pipeline beyond.
About Helios and MathesonHelios 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 MoviePassMoviePass 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 Flix BrewhouseFlix Brewhouse is the
world’s only first run cinema-eatery-microbrewery. Designed from
the inside out to deliver a premium viewing and dining experience
at an affordable price, Flix addresses the primary concern of
moviegoers everywhere – the rising cost of admissions and
concessions at the conventional multiplex. As America’s Cinema
Brewery®, Flix Brewhouse combines the latest Hollywood productions,
award winning, brewed on-premises craft beer and delicious food –
all served “in theater,” on an a la carte basis. Flix guests
experience a wide variety of programming beyond first run films,
including participative brewery events, special multi-course
curated beer pairing dinners, and interactive Fan Fest events
celebrating movie classics from the 1960’s through 1990’s.
Cautionary Statement on Forward-looking
InformationCertain 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 (including, without
limitation, MoviePass’ ability to continue to increase its
subscribers, to derive financial benefits from its subscription
growth and to make technological improvements to its product
platform and MoviePass’ ability to derive revenue from its
commercial partnerships) 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.
Risk factors and other material information concerning HMNY and
MoviePass are described in HMNY’s Quarterly Report on Form 10-Q,
for the quarter ended September 30, 2017 filed with the SEC on
November 14, 2017, in HMNY’s Annual Report on Form 10-K for the
fiscal year ended December 31, 2016 filed with the SEC on April 14,
2017, in HMNY’s Current Report on Form 8-K filed on November 30,
2017 and other HMNY filings, including subsequent current and
periodic reports, information statements and registration
statements filed with the SEC. You are cautioned to review such
reports and other filings at www.sec.gov.
ContactsHMNY Contact:The Pollack PR Marketing
GroupStephanie Goldman/Mark Havenner,
310-556-4443sgoldman@ppmgcorp.com / mhavenner@ppmgcorp.com
or
MoviePass Contact:LaunchSquad for
MoviePass212-564-3665moviepass@launchsquad.com
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