Towns Current Bidding Contract Opportunities

first_imgWILMINGTON, MA — The Town’s Purchasing Department currently has the following bidding and contract opportunities available:Invitations To BidMackinac Island and Chicago Trip — Deadline: Tuesday, September 17, 2019 at 2pmAll interested parties must first complete the town’s Bid Registration Form.Visit the Town’s Purchasing Department website for additional information. Contact Wendy Martiniello at wmartiniello[at]wilmingtonma.gov with questions.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedTown’s Current Bidding & Contract OpportunitiesIn “Government”Town’s Current Bidding & Contract OpportunitiesIn “Government”Town’s Current Bidding & Contract OpportunitiesIn “Government”last_img read more

MoviePass Parent Acquires Moviefone in Deal With Verizons Oath

first_imgUPDATED: MoviePass is saying “Hello — and welcome to Moviefone!”Helios and Matheson Analytics, the majority owner of MoviePass, announced the acquisition of Moviefone from Verizon’s Oath subsidiary. Under the terms of the deal, Helios and Matheson is paying Verizon $1 million in cash and is granting 2.55 million common shares (worth less than $8 million at HMNY’s current stock price). In addition, Verizon received stock warrants from Helios and Matheson for another 2.55 million shares $14 million worth of shares at an exercise price of $5.50 per share, according to a regulatory filing. Verizon’s ownership of HMNY shares is subject to a lockup until April 4, 2019.However you look at the economics of the deal, it represents a substantial decline in value for Moviefone, the pioneering interactive info service founded in 1989 — which AOL acquired for $388 million in 1999. Verizon’s ownership of 5.1 million shares of Helios and Matheson represent 9.3% of HMNY’s common shares.Moviefone currently has 6 million monthly unique visitors. The site provides movie trailers, info on films and theaters, and ticketing (through NBCUniversal’s Fandango). Helios and Matheson said the Moviefone acquisition is the next major step in building out its content-marketing strategy and advertising revenue platform for MoviePass, which sells a monthly subscription plan that lets customers attend one movie screening per day at participating theaters. With its sizable audience, Moviefone also stands to serve as a lead generator for MoviePass subscriptions.“This natural alignment between MoviePass and Moviefone will help us grow our subscriber base significantly and expand our marketing and advertising platform for our studio and brand partners,” MoviePass CEO Mitch Lowe said in a statement. “Moviefone has been a go-to resource for entertainment enthusiasts for years, and we’re excited to bolster its presence and bring this iconic platform into the entertainment ecosystem of the future.”Under the pact, Oath will continue to sell Moviefone’s digital ad inventory. Oath also will represent MoviePass on a non-exclusive basis in managing ad sales on moviepass.com. With the deal, Helios and Matheson has assumed certain liabilities related to the Moviefone assets.MoviePass sold a majority ownership stake to Helios and Matheson Analytics for $27 million last summer. With Moviefone, “HMNY’s vision is to have MoviePass support the entire movie theater industry ecosystem — from distribution to exhibition and now, content,” said Helios and Matheson Analytics chairman and CEO Ted Farnsworth.Meanwhile, Verizon bought AOL two years ago in a $4.4 billion deal, and merged AOL with Yahoo to form Oath. In 2014, AOL took Moviefone’s famous dial-up phone lines out of commission, after the original voice of Mr. Moviefone, co-founder Russ Leatherman, left in 2013.Correction: An earlier version of this article incorrectly reported that Helios and Matheson Analytics bought Moviefone for $15 million. In fact, Helios and Matheson is paying Verizon $1 million in cash and granted Verizon warrants for HMNY shares worth $14 million; in addition, Helios and Matheson issued common shares to Verizon currently worth less than $8 million. Popular on Variety center_img ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15last_img read more