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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
Gun raffles or giveaways aren't anything new, especially in rural parts of the country. But they're drawing renewed scrutiny after 17 people were killed last week in a mass shooting at a Florida high school.Some people are outraged that a lot of gun raffles are giving away AR-15-style rifles, the type used in multiple mass shootings. Police say Nikolas Cruz used an AR-15-style rifle February 14 at Marjory Stoneman Douglas High School in Parkland, Florida.A raffle currently underway in Kentucky is raising funds for the Central Kentucky Batcats, a girls' softball team. Buy a ticket and you could win a semiautomatic pistol or an AR-15-style rifle kit.While some people have complained about the raffle -- which began before the Florida shooting -- the store has mostly received calls of support, said Kenny Barnett, owner of Fully Loaded Inc., an outdoor and sporting goods store in Lawrenceburg that's providing the guns for the raffle."I've had calls both ways," Barnett told CNN. "For every one against, I've probably had 10 more asking where can they buy tickets?"'Truly astonished' 1103
Hillary Clinton said Tuesday that President Donald Trump staged a "political rally" at Supreme Court Justice Brett Kavanaugh's ceremonial swearing-in that "further undermined the image and integrity of the court.""What was done last night in the White House was a political rally. It further undermined the image and integrity of the court," Clinton, Trump's Democratic 2016 election opponent, told CNN's Christiane Amanpour in an exclusive interview."And that troubles me greatly. It saddens me. Because our judicial system has been viewed as one of the main pillars of our constitutional government. So I don't know how people are going to react to it. I think, given our divides, it will pretty much fall predictably between those who are for and those who are against," Clinton said. 795
GRANDVIEW, Mo. — It's something many women dream about for years: the dress she'll walk down the aisle in to say "I do."One Kansas City-area bride about to be married is giving hers away to another bride going through a difficult time.Grandview resident Taylor Cooper will marry her fiance, Nick Amor, on Oct. 10. Cooper originally planned to have two wedding dresses, one to wear during her ceremony and the other during her reception.After downsizing her wedding due to the COVID-19 pandemic, she didn't think the wardrobe change would be appropriate and wanted the extra dress to go to a bride who could use some help.Cooper said she recently landed her dream job and feels blessed she has not faced many difficulties because of the pandemic."I just wanted to think of a way to give back to somebody that had been impacted," Cooper said. "I never really thought in my life that I would be in a position that I could gift something like this."She posted in a bridal Facebook group saying she was looking for a bride in need of a dress, and she was quickly connected with a bride in Georgia."She's just such a sweetheart, she literally has texted me every single day since I told her I was going to give it to her, and she's like 'I can't thank you enough,'" Cooper said.Cooper packed up the dress Wednesday to ship it to its new owner."I feel like it's going where it belongs," Cooper said.Cooper's October wedding is one of many happening this fall.Megan Julian, the founder of Julian Events in Kansas City, said she's seeing fewer couples canceling or postponing weddings and moving to smaller weddings instead."What we're finding is couples are surprised by what they can do with their original plans on a smaller scale," Julian said.Julian said many couples are also incorporating virtual aspects to their weddings so they can keep their original guest list.As Cooper prepares to send off her dress, she hopes to inspire others to lend a helping hand if they can."It doesn't really matter how big or small, I just think any nice gesture we can do for each other these days is just so important," Cooper said.This story originally reported by Emma James on kshb.com. 2180
HANCOCK COUNTY, Ind. — One family in Indianapolis got a present a little early this holiday season.U.S. Navy Lt. Tawnee Hinton has been in Djibouti, Africa with the Combined Joint Task Force working on counterterrorism operations for the last 14 months.While she was deployed, her four children, Amelia, 5; Leyton, 9; Avarie, 13, and Christian, 21, were only able to talk their mother over FaceTime or texting.“Though the Navy has taken me away from my family on several occasions, and my husband was deployed numerous times before his retirement, this was a particularly lengthy deployment,” Hinton said.One event Hinton didn’t miss this year was her daughter Avarie’s choir concert. Unknown to her children, Hinton was able to come home early and surprise them. 796