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Helios & Matheson

@heliosmatheson.com

Helios & Matheson is a information technology company.

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Helios & Matheson Analytics Inc. The company was founded in 1983 and is headquartered in Chennai, India. Its headquarters, located in Taramani, spans over 1 million square feet.


Helios & Matheson offers a range of products and services in the field of data analytics. Their main product is the MoviePass subscription service, which gives members access to movie theaters across the United States for a monthly fee. The company also provides consulting services for data analytics, helping clients analyze and interpret large datasets to identify patterns and trends.


On a global scale, Helios & Matheson operates primarily through its subsidiary, MoviePass. In 2017, Helios & Matheson acquired a majority stake in MoviePass, which quickly gained popularity by offering an all-you-can-watch movie ticket subscription. The company also has joint ventures with various theater chains and movie studios to enhance the value proposition of its subscription service.


Helios & Matheson faces strong competition in the data analytics industry, with companies like IBM, Accenture, and SAS Institute dominating the market. However, MoviePass has carved out a unique niche in the cinema industry by offering an alternative approach to movie ticket purchasing, positioning the company as a disruptor in the market. In terms of major events and achievements, MoviePass achieved significant growth and reached over 3 million subscribers within a relatively short period of time.


However, the company faced financial difficulties in 2018 due to its low subscription fees and high operational costs, which resulted in changes to its pricing structure and business strategy. Currently, the status of Helios & Matheson is uncertain. Despite efforts to restructure and secure additional funding, the company has struggled to sustain its operations and faced multiple class-action lawsuits.


As of now, it is unclear what the future holds for Helios & Matheson and its subsidiaries. In conclusion, Helios & Matheson Analytics Inc. While the company initially experienced rapid growth, it has faced significant challenges and its current status is uncertain

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