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MoviePass and Parent Company Helios and Matheson File for Bankruptcy
29.01.2020 - 22:16 / hollywoodreporter.com
MoviePass and parent company Helios and Matheson Analytics have at long last called it quits.
Both companies and affiliates have filed for Chapter 7 bankruptcy protection, which signal they no longer have a viable plan to continue business.
The move, announced in a Jan.
28 SEC filing and coming "after considering strategic alternatives," will allow a bankruptcy court trustee to liquidate the holdings of MoviePass, its parent and affiliate companies.
"As a result of filing the Petition, a Chapter
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MoviePass Parent Company Files for Bankruptcy
Helios and Matheson Analytics, which owns the defunct MoviePass cinema-subscription service, has filed for Chapter 7 bankruptcy protection.
