Friday, March 20, 2020

Movie listings site Moviefone is sold for $1M as part of a bankruptcy auction by MoviePass owner, which had acquired Moviefone from Oath in 2018 (Trey Williams/The Wrap)

Trey Williams / The Wrap:
Movie listings site Moviefone is sold for $1M as part of a bankruptcy auction by MoviePass owner, which had acquired Moviefone from Oath in 2018  —  Helios & Matheson filed for bankruptcy after blowing through millions of dollars to keep its MoviePass business up and running.



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...