- Business
- Helios and Matheson Analytics Inc. Helios and Matheson Analytics Inc. (HMNY) provides information technology solutions and services to Fortune 1000 companies and other organizations primarily in the United States; its core offerings encompass application value management, application development and integration, independent validation, infrastructure management, information management, predictive analytics, big data solutions, cognitive computing, social data aggregation, and map-tech innovations such as RedZone Map. The company serves clients across banking, financial services and insurance (BFSI), automotive, healthcare, government, education, retail, entertainment, and advertising sectors, with a focus on leveraging analytics for consumer behavior insights, targeted marketing, and operational optimization. Founded in 1982 and headquartered in New York, New York, Helios and Matheson Analytics operates through segments including consulting, technology, and subscription-based services, targeting enterprise customers with platforms for data ingestion, processing, visualization, and predictive modeling. In recent years, the company pursued high-profile expansions including the 2017 acquisition of a majority stake in MoviePass, a subscription movie-ticketing service, followed by increasing its ownership to over 91% through debt-to-equity conversions and the 2018 acquisition of Moviefone from Verizon; it also acquired Vidora for AI and machine learning enhancements, People.io for consumer data, and Survey.com for mobile surveys. However, these ventures faced sustainability challenges, leading to MoviePass ceasing operations in 2019, a Chapter 7 bankruptcy filing on January 28, 2020, in the U.S. Bankruptcy Court for the Southern District of New York, completion of liquidation on February 8, 2023, and delisting from Nasdaq to over-the-counter trading, with no active operations or recent strategic developments reported as of late 2025.