MoviePass to Halt as Parent Explores Possible Sale -- 3rd Update
MoviePass to Halt as Parent Explores Possible Sale -- 3rd Update
DJ MoviePass Parent Helios to Explore Options
DJ MoviePass Parent Helios以探索選項
By Josh Beckerman
喬什·貝克曼(Josh Beckerman)著
MoviePass parent Helios & Matheson Analytics Inc. (HMNY) plans to "explore all strategic alternatives," including a sale.
MoviePass的母公司Helios&Matheon Analytics Inc.(HMNY)計劃“探索所有戰略選擇”，包括出售。
Helios said efforts to recapitalize MoviePass haven't been successful to date.
赫利奧斯説，對MoviePass進行資本重組的努力到目前為止還沒有成功。
Write to Josh Beckerman at josh.beckerman@wsj.com
寫信給喬什·貝克曼(Josh Beckerman)，電子郵件：josh.beckerman@wsj.com
(END) Dow Jones Newswires
(完)道瓊通訊社
September 13, 2019 15:56 ET (19:56 GMT)
2019年9月13日東部時間15：56(格林尼治標準時間19：56)
DJ MoviePass to Halt as Parent Explores Possible Sale -- 3rd Update
DJ MoviePass暫停，家長探索可能的出售--第三次更新
By Josh Beckerman
喬什·貝克曼(Josh Beckerman)著
MoviePass parent Helios & Matheson Analytics Inc. (HMNY) plans to "explore all strategic and financial alternatives," including a sale or reorganization, and said MoviePass would stop service, effective Saturday.
MoviePass的母公司Helios&Matheon Analytics Inc.(HMNY)計劃“探索所有戰略和財務選擇”，包括出售或重組，並表示MoviePass將從週六起停止服務。
In July, MoviePass said it would temporarily interrupt service as it improved its mobile app. Service for some customers had resumed.
今年7月，MoviePass表示，在改進其移動應用程序時，將暫時中斷服務。一些客户的服務已經恢復。
Helios said it was "unable to predict if or when" MoviePass would continue, and said efforts to recapitalize MoviePass hadn't been successful.
Helios表示，無法預測MoviePass是否或何時會繼續，並表示對MoviePass進行資本重組的努力沒有成功。
While MoviePass rapidly gained customers, it faced complaints about changes in its subscription plans and concern about its business model. Meanwhile, Helios has posted net losses and delayed financial filings as it dealt with accounting errors.
雖然MoviePass迅速贏得了客户，但它面臨着訂閲計劃變化的投訴和對其商業模式的擔憂。與此同時，由於處理會計錯誤，Helios公佈了淨虧損，並推遲了財務申報。
MoviePass reached 3 million subscribers in June 2018. A "MoviePass Progress Report" in August of last year said the plan "became a boon to a declining industry."
2018年6月，MoviePass的訂户達到300萬。去年8月的一份“MoviePass進度報告”稱，該計劃“成為一個衰落行業的福音”。
Helios shares have been trading below one cent. Following a 1-for-250 reverse split in 2018, the price rose to about $22.50, but a few days later fell below $1. A plan for another reverse split was called off due to lack of shareholder support.
Helios的股價一直低於1美分。在2018年進行250股1股的反向拆分後，股價一度升至約22.5美元，但幾天後跌破1美元。由於缺乏股東支持，另一項反向拆分計劃被取消。
Mitch Lowe, a former Netflix Inc. (NFLX) executive and RedBox president, has been CEO of MoviePass since June 2016. Helios bought a majority stake in MoviePass in 2017.
米奇·洛曾任網飛公司(Netflix.)高管和紅盒總裁，自2016年6月以來一直擔任MoviePass的首席執行官。Helios在2017年收購了MoviePass的多數股權。
Movie chains have pursued their own subscription plans, including AMC Entertainment Holdings Inc.'s (AMC) 2018 launch of AMC Stubs A-List.
電影連鎖店也在尋求自己的訂閲計劃，包括AMC娛樂控股公司(AMC Entertainment Holdings Inc.)2018年推出的AMC Stubs A-List。
In a Friday letter to customers, MoviePass said that in August 2017 it "began a transformation of the moviegoing industry by introducing its low monthly price subscription service. Since then, others in the industry have followed our lead."
在週五致客户的一封信中，MoviePass表示，2017年8月，它“通過推出低月價訂閲服務，開始了觀影行業的轉型。從那以後，該行業的其他公司也效仿了我們的做法。”
Write to Josh Beckerman at josh.beckerman@wsj.com
寫信給喬什·貝克曼(Josh Beckerman)，電子郵件：josh.beckerman@wsj.com
(END) Dow Jones Newswires
(完)道瓊通訊社
September 13, 2019 18:36 ET (22:36 GMT)
2019年9月13日美國東部時間18：36(格林尼治標準時間22：36)
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