HMNY raises $65 million in new funding, says it has its spending under control, share price climbs up 175%.
Ted Farnsworth, the CEO of Helios and Matheson Analytics, which owns MoviePass, said on Tuesday that the company had raised $65 million in new funding. He also said MoviePass had controlled its spending since changing to a three-movies-per-month plan. MoviePass isn’t going anywhere — at least, that’s according to Ted Farnsworth, the CEO of Helios … Read more