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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.According to Business Insider, MoviePass has also welcomed back service to a handful of AMC theaters in big cities, including San Diego.The service removed 10 of AMC's busiest locations from its app in January to take a "hard position" against theater chain. MoviePass has been seeking a a portion of concessions sales.WHY MOVIEFONE?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.THREAT OF COMPETITIONPart 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. 4118
HONOLULU, Hawaii (AP) — Residents on Hawaii's Big Island are being told to stay indoors Monday after the U.S. Geological Survey reports the Kilauea volcano has erupted. 177
HONG KONG – Scientists at the University of Hong Kong claim to have the first evidence of someone being reinfected with the coronavirus that causes COVID-19.They said Monday that genetic tests show a 33-year-old man returning to Hong Kong from a trip to Spain in mid-August had a different strain of the virus than the one he’d previously been infected with in March.The man had mild symptoms the first time and none the second time, so his previous infection may have helped prevent serious illness.Experts say waning immunity could have implications for vaccine development and that the case shows the need to keep up social distancing and other prevention measures.Dr. Kelvin Kai-Wang To, who led the group of scientists, told The Associated Press that it’s unknown how many people can get reinfected, but there are probably more out there.Even if someone can be infected a second time, it’s not known if they have some protection against serious illness, because the immune system generally remembers how to make antibodies against a virus it’s seen before. 1069
He was a friend. A brother. A husband. A grandfather.“He was also a chef,” Yolanda Green-Samuel added recalling fond memories of her brother, Eugene Green, who was killed four years ago in a hit-and-run incident while he was on a bicycle. She still recalls a conversation she had with local police in Miami Gardens, Florida, one that is seared into her memory.“[Police said] ‘We have no leads and no answers.’ And at that point I said to him ‘that’s unacceptable.'"”I was engulfed in pain,” Green-Samuel added.But she took that pain and channeled it for good. She’s created an organization to help raise awareness and try to decrease the problem of hit-and-run drivers. She says few people know how much more severe the penalties are when you flee the scene. Prison time for suspects who are caught is becoming more and more common. Samuel-Green wants people to know that more often than not the crash is an accident.It highlights an issue that only seems to be getting worse, according to statistics. In 2016—the latest year for which complete data from the National Highway Traffic Safety Administration exists—there were more hit-and-run fatalities than there have been in the 40-plus years that NHTSA has been keeping track. There were 2,049 people killed as a result of a hit-and-run 2016. Significant in those numbers: 70% of those deaths were to pedestrians or bicyclists. Jacob Nelson is a researcher with AAA, which put out a study highlighting the new numbers. He says one of the reasons for the uptick in pedestrian and cyclist deaths could be the simple fact that there are more pedestrians and cyclists on city streets.“There’s been a huge push from the public health community to get more people outside walking and biking given all the health benefits to doing that,” Nelson said. But he cautions that cities also need to start looking at putting more barriers between non-motorists and vehicle traffic lanes.The other factor that could be playing a part: distracted driving.“That doesn’t matter whether you are a motorist, pedestrian, or a cyclist. You need to pay attention to what’s around you. A lot of these crashes could be prevented in the first place,” Nelson said.And he joins Green-Samuel in urging any motorist involved in a crash to stay put.“The element of people leaving the scene of a crash is not only illegal, but motorists need to realize that staying on the scene of a crash is the right thing to do,” Nelson said. “It can help prevent people from being killed and it can lessen the severity of the injuries people sustain if we make sure people get medical care in that first hour.”Green-Samuel also hopes that through her organization, Just an Accident: Stop Hit-and-Runs, she hopes more people will become aware of the immense power people hold in their hands when driving a vehicle.“I just don't think people realize the responsibly they take when they get behind the wheel of a vehicle," she said. 2984
Here is footage of the #Trump campaign #MAGA flag waving outside of #LongBeach PD HQ.??#LBPD spokesperson says the stunt was "unauthorized" & the PD is a "apolitical organization." pic.twitter.com/Nffvsn8ixZ— The Modern Times of Long Beach (@ModernTimesLB) October 4, 2020 284