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Movie Fone’s new owner revealed

Movie Fone was once a call in service to find out the times movies would be playing in your market. In the last few years, it transitioned into a movie ticketing service owned by the failed MoviePass parent company, Helios and Matheson Analytics (MHA). MHA filed for bankruptcy after MoviePass lost millions of dollars a week.

According to The Hollywood Reporter, L.A. based producer Cleveland O’Neal III’s production company won the winning bid for MovieFone. O’Neal’s company, Connection III Entertainment paid a little more than $1 million for the new site.

MovieFone was founded in 1989 as a phone service to find movie times. In 1999, AOL paid $388 million for the service. AOL was purchased by Verizon in 2015 for $4.4 Billion and sold MovieFone to HMA in 2018 for $23 million. Connection III Entertainment got a major discount.

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Ruben Jay
Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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