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MoviePass’ parent company is looking to sell it and Moviefone as it continues to cut staff

MoviePass

  • Helios and Matheson Analytics is looking to sell MoviePass and Moviefone, multiple sources close to the company told Business Insider.
  • Layoffs have continued at MoviePass, and contract workers at Moviefone have been suspended, sources said.
  • The Moviefone editor Drew Taylor wrote “effective immediately all freelancing is suspended” in a recent email obtained by Business Insider.
  • Some freelance writers for Moviefone had not been paid in months, sources said.
  • Visit Business Insider’s homepage for more stories.

Helios and Matheson Analytics is looking to sell its two key properties, the movie-ticket-subscription app MoviePass and the movie-ticket site Moviefone, multiple sources close to the company told Business read more >>>

Source:: BusinessInsider.Com