Helios and Matheson Analytics Inc. , the majority owner of MoviePass, has snapped up Moviefone from Verizon’s digital arm Oath in a mixture of undisclosed cash and unregistered equity.
Moviefone, who arguably started the whole notion of advance movie ticket sales with their 777-film phone lines back in the 1990s, is currently an entertainment news portal that also provides showtime information, connecting users to individual chain’s ticket sales pages. Moviefone was started in 1989 by Russ Leatherman (the voice of Mr. Moviefone on their phone lines), Andrew Jarecki, Pat Cardamone, and Adam Slutsky. AOL bought Moviefone in 1999 for $388M and during the millennium Moviefone would link to Movietickets.com then later Fandango to provide consumers with advance tickets. In 2014, Moviefone became a movie info shell as we currently know it. AOL Ventures, which was the venture capital arm of AOL (now, Oath), was an early investor in MoviePass back in 2011.
With its purchase of Moviefone,...
Moviefone, who arguably started the whole notion of advance movie ticket sales with their 777-film phone lines back in the 1990s, is currently an entertainment news portal that also provides showtime information, connecting users to individual chain’s ticket sales pages. Moviefone was started in 1989 by Russ Leatherman (the voice of Mr. Moviefone on their phone lines), Andrew Jarecki, Pat Cardamone, and Adam Slutsky. AOL bought Moviefone in 1999 for $388M and during the millennium Moviefone would link to Movietickets.com then later Fandango to provide consumers with advance tickets. In 2014, Moviefone became a movie info shell as we currently know it. AOL Ventures, which was the venture capital arm of AOL (now, Oath), was an early investor in MoviePass back in 2011.
With its purchase of Moviefone,...
- 4/5/2018
- by Anthony D'Alessandro
- Deadline Film + TV
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