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Hello! And welcome to Movie...Pass?MoviePass, the ticket subscription company, is buying Moviefone, the 29-year old movie directory service.A lot has changed since Moviefone first started. It's hard to imagine now, but people used to call a number for movie times. Moviefone became so popular that its famous "Welcome to Moviefone" greeting was parodied in a famous "Seinfeld" episode.Moviefone still has a website and app, but it retired the 777-FILM phone service in 2014. (Seinfeld's Kramer must be pleased. "Why don't you just tell me the name of the movie you've selected?")AOL, now part of Verizon, bought Moviefone in 1999 for 8 million. But MoviePass isn't spending nearly as much to get Moviefone. MoviePass majority owner Helios and Matheson Analytics will pay Verizon only about million for Moviefone -- million in cash and a mix of HMNY stock and warrants worth about million, according to a Securities and Exchange filing Thursday.So why does MoviePass want Moviefone? MoviePass CEO Mitch Lowe told CNNMoney it wanted access to Moviefone's film and TV show content."Our subscribers want to connect with Hollywood and hear more about what's going on in the film industry," Lowe said. "They'd like to have MoviePass recommend movies to them and Moviefone is iconic."Lowe, a co-founder of Netflix and former president of DVD rental kiosk service Redbox, added that he hopes the acquisition will be a "great funnel to attract new members" to MoviePass, which currently has more than 2 million subscribers.Ted Farnsworth, CEO of Helios and Matheson Analytics, added that the marriage of MoviePass and Moviefone will hopefully lead to more advertising revenue."MoviePass is growing at warp speed. Put it and Moviefone together and it gives us more advertising opportunities," Farnsworth said in an interview with CNNMoney. "This is a great strategic move for us."MoviePass arguably needs more ad sales to convince skeptical investors that its business model of buying tickets from theaters and then offering them to subscribers at a discount through monthly and annual subscription plans is viable for the long haul. MoviePass lets people see a movie a day for .95 a month -- it recently cut its price from .95.Shares of Helio and Matheson Analytics have plunged nearly 55% this year. Investors are worried that MoviePass won't be profitable anytime soon.Part of the problem? We live in an era of so-called peak TV. Netflix, other streaming services and big cable TV networks are churning out more and more quality shows that eat into the time people have to go to movies.Investors also worry that the big chains that MoviePass currently buys tickets from -- AMC, Regal and Cinemark -- may eventually look to cut out MoviePass and launch their own subscription services or other lower-priced deals.Regal, which is now owned by UK-based Cineworld, has experimented with charging more for tickets during peak movie times and less at times when attendance tends to be lighter. Think of it as Uber-style surge pricing, but for movies.And Cinemark unveiled Movie Club, a monthly plan that lets people buy a movie ticket a month for a discounted price of .99, last year.That deal obviously isn't as good as the one a day plan offered by MoviePass. But Cinemark will also allow Movie Club members to roll over unused tickets every month, bring friends at the lower price and offers bargains on concession stand items.Lowe isn't too concerned about competition though. He said he's convinced that MoviePass will continue to work closely with the big chains -- even if Wall Street is nervous."We have to prove we are a driving force in getting more people into theaters. We have to try and put our money where our mouth is," he said. 3759

Historic numbers of background checks to purchase or possess a firearm have been conducted in June. It's just the latest month with record-breaking numbers since the system was created in 1998. The FBI reported Wednesday that 3.9 million checks were done last month in what's a key barometer of gun sales. The numbers are driven by the crises that have roiled the U.S., including the coronavirus pandemic, an economic recession, protests over racial injustice and calls to reduce police funding. A group representing gunmakers says firearm purchases are a reasonable reaction to the political climate, while gun control advocates say they're concerned first-time buyers don't have enough training. 705

HIGHLANDS RANCH, Colo. – It’s been three months since a black student in Colorado reportedly punched a white student wearing a Nazi jacket in the face, but the incident has only come to light after a video of the fight went viral this week.The Denver Post reported Friday a Twitter user from Baltimore posted the video to his feed, which spread like wildfire on the social media website.The fight, which happened in August, began at lunch break in front of Mountain Vista High School in Highlands Ranch, Colorado, when the white student in the Nazi jacket was doing a T-pose, which is a popular meme among gamers to demonstrate dominance or power, said Lt. Lori Bronner with the Douglas County Sheriff’s Office.Historically, some members of the Ku Klux Klan have used the pose to “represent a burning cross,” Bronner told KMGH.Bronner said the black student saw the white student doing the T-pose and went up to confront him. They exchanged words and the black student spit on the white student, at which point the white student did the same to the black student.The black student then briefly walked away but returned to confront the white student once again before punching him in the face, causing the student to fall to the ground, according to Bronner.She said the student wearing the green Nazi jacket then got up, grabbed a rock and threw it at the black student, missing him.According to Bronner, the student who threw the punch then ran after his peer and kicked him after he fell to the ground. She said the student in the Nazi jacket curled into a protective, fetal position while calling the black teen a racial slur.Shortly afterward, a third student and staff members separated the two boys.“We’ve had no other situations like this,” said Bronner, adding this type of disputes are very rare.Bronner said the black student was charged with assault for punching and kicking the white student, and was also charged with harassment and disorderly conduct.The white student, Bronner said, was charged with harassment, disorderly conduct and criminal attempted assault for throwing a landscaping rock at the black student.No one was charged with a hate crime.KMGH reached out to Douglas County Schools for comment. Paula Hans, a public information officer for DCSD, said she could not discuss specifics on any given student’s disciplinary actions, only saying “a student is not allowed per DCSD dress code policy to wear anything that is offensive or disruptive to the learning environment.”When asked if the white student's jacket had any Nazi markings, Hans only said the principal at Mountain Vista High School informed her that there were "no markings on the jacket." According to the Denver Post, students said the white teenager was known for wearing the green jacket complete with Nazi regalia. A review by a newspaper reporter of the juvenile’s Instagram account shows multiples pictures of him wearing Nazi uniforms. 2966

GameStop announced this week that an additional 400 to 450 locations would close across the country by the end of 2020.While more video games are available for digital downloads, the next generation PS5 and Xbox will contain disc drives. The company was concerned that the next generation models would be digital only.Already in the last year, GameStop has closed 388 locations, shrinking its current retail footprint to 5,192 locations.“This will allow us to more efficiently and profitably service our customers,” company CEO George Sherman said about the closures.While many retailers have been shrinking their footprints as customers change their buying habits, GameStop is also encountering a change in technology in recent years, which has allowed customers to purchase games online.But GameStop says that there are some customers who prefer a physical disc, and that large video game downloads can use up internet data.“We believe the actions we are taking to optimize the core operations of our business by increasing efficiencies and creating a frictionless digital ecosystem to serve our customers, wherever and whenever they choose to shop, are enabling us to navigate the COVID-19 environment while positioning us well for the launch of the next generation of consoles,” Sherman said.GameStop saw a 26.7% drop in Quarter 2 sales in 2020 compared to 2019. 1374

HAYWARD, California (AP) — Robots that can flip burgers, make salads, and even bake bread are in growing demand as virus-wary kitchens try to put some distance between workers and customers. Starting this fall, the White Castle burger chain will test a robot arm that can cook french fries, corn dogs. The robot, dubbed Flippy, is made by Pasadena, California-based Miso Robotics. In June, Flippy began working full-day shifts - 11 a.m. to 7 p.m. at CaliBurger in Pasadena.“We have demonstrated that Flippy can work on our standard equipment and meet high volume demand with substantially greater cooking consistency than our kitchens that have not yet installed Flippy,” said Tony Lomelino, Chief Technology Officer of CaliBurger in a press release. “Additionally, we have developed a program to retrain our restaurant staff to serve as ‘Chef Techs’ that work alongside Flippy and monitor the related software and hardware systems. We expect these skills will be useful for employees across our chain to secure higher income jobs that require human/robotic interaction in the future restaurant industry and other industries.”Robot food service was a trend even before the coronavirus pandemic struck. Chowbotics, which makes a robot called Sally that makes salads, has been used by hospitals and universities to meet the demand for fresh, customized options 24 hours a day. But Chowbotics and others say demand is booming as food service providers seek ways to limit interaction and keep workers and customers safe. 1524

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