Helios and Matheson Analytics Inc (HMNY)

[bigtimetrader]

AMC's subscriber program is dying.. read inside

380,000 today 9/26
https://variety.com/2018/film/news/amc-a-list-moviepass-1202958185/

... inside they said they added 120,000 over 6 weeks....

260,000 9/5
https://markets.businessinsider.com/news/stocks/china-billionaire-wang-jianlin-reportedly-wants-to-cut-amc-stake-2018-9-1027511428

...that would put this number at approximately 8/15 not the 9/5 of the article date... so pro-rata that's 30,000 per week added... meaning there was 320,000 subscribers a/o 9/1...

175,000 7/31
https://www.businessinsider.com/amc-theatres-subscription-service-has-over-175000-subscribers-2018-7

If you read my notes inside the ellipses dots, it's clear that AMC only grew by 60,000 subscribers this month... a relatively anemic 15% growth MoM in its subscribers compared to the previous month growth of nearly 100% during what should be the highest-growth phase of the rollout... and growth is shrinking at a rapid pace... they will not be able to compete with Moviepass at all at this rate. They've nearly saturated their market at under 500,000 subscribers. For October, AMC may see negative growth (i.e. subscribers leaving). Sinemia not much better.