Jill Goldsmith New York New York county Cleveland tv video film broadway Jill Goldsmith New York New York county Cleveland

Moviefone Sold For $1M, MoviePass Next On Block As Bankrupt Parent Dismantled

Reading now: 861
deadline.com

By Jill Goldsmith A New York bankruptcy judge Thursday approved the sale of the iconic Moviefone movie listings service for $1 million as part of the bankruptcy of its parent company Helios & Matheson  Analytics.

That oddly-named holding company shot to fame by starting, growing and ultimately badly bungling the MoviePass subscription service, which is next on the auction block.

Alan Nisselson, a partner in the law firm Windels Marx reported to New York Bankruptcy Judge Stuart Bernstein that a company called Born In Cleveland LLC had put in the best of six bids for Moviefone on March 16.

Helios & Matheson filed for Chapter 7 Bankruptcy early this year. Chapter 7 provides for the liquidation of a company’s assets to satisfy creditors –

Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA