MoviePass Parent Acquires Moviefone in $15 Million Deal

MoviePass is saying “Hello — and welcome to Moviefone!” Helios and Matheson Analytics, the majority owner of MoviePass, announced the acquisition of Moviefone from Verizon’s Oath subsidiary. Under the terms of the deal, Helios and Matheson is paying Verizon $1 million in cash and issuing shares of common stock worth $14 million. The deal represents […]

from Variety https://ift.tt/2uR5LJb