MoviePass Shutting Down, Parent Company ‘Unable To Predict If Or When…Service Will Continue’

[Helios and Matheson Analytics] today said that it formed a strategic review committee comprised of independent directors, to identify, review and explore all strategic and financial alternatives for the Company, including a sale of the Company in its entirety, a sale of substantially all of the Company’s assets including MoviePass, Moviefone and MoviePass Films. Today, MoviePass notified its subscribers that “it would be interrupting the MoviePass service” effective Sept. 14 to because its efforts to recapitalize MoviePass have not been successful to date. – Anthony D’Alessandro, Deadline Hollywood » http://dlvr.it/RD3T7H