MoviePass Secures $100 Million Capital Investment From Global Emerging Markets to Develop Fantasy Box Office Game Mogul (EXCLUSIVE)
#Variety #News #Mogul #Moviepass #StacySpikes
MoviePass Receives Investment From Comcast’s Forecast Labs (EXCLUSIVE)
#Variety #News #Moviepass #StacySpikes
https://variety.com/2024/film/news/moviepass-investment-comcast-forecast-labs-1236042952/
@hbomax just released documentary “MoviePass MovieCrash”. I never used MoviePass, but apparently at least 3M people did. This amazingly good film shows how the company was started in SF in 2011 by 2 young Black guys (Stacy Spikes and Hamet Watt), but after several years only had 20,000 subscribers. In 2016-2017 they brought in 2 old White guys (Mitch Lowe who had worked at Netflix and Redbox, and VC Ted Farnsworth), who eventually took over the whole company and fired the founders.
Ted Farnsworth pursued a classic pump-and-dump strategy that drove MoviePass stock up as they pursued 500M subscribers while bleeding over $200M cash annually. MoviePass went bankrupt in 2019.
It’s a great movie that shows Silicon Valley tech vibes, how easily we are betrayed by visionaries, how to pump up a stock, and how much subscribers and employees loved MoviePass. #hbomax #stacyspikes
‘MoviePass, MovieCrash’: Founder Stacy Spikes on Mitch Lowe, Racial Bias and Where the Company Stands Today
#Variety #News #Moviepass #MoviePassMovieCrash #MutaAli #StacySpikes
How MoviePass Went from ‘MovieCrash’ to Profitability: ‘All the Kinks Have Been Worked Out’
#IndieWire #Business #News #Film #HBODocumentaryFilms #MoviePass #MoviePassMovieCrash #StacySpikes #TV
‘MoviePass, MovieCrash’ Review: HBO Doc Is an Effectively Nostalgic Communal Wake for Film Fans
#MovieReviews #Movies #MoviePass #MoviePassMovieCrash #StacySpikes #SXSW #SXSW2024 #SXSWFilmFestival
https://www.hollywoodreporter.com/movies/movie-reviews/moviepass-moviecrash-review-hbo-1235847421/
CEO Says MoviePass Will Test Ads On Its Platform, Offer Cheaper Ticket To Users Who Watch Them
#Festivals #News #AlamoDrafthouse #Bryanbraulich #Chayarosenthal #Cinemafoundation #Moviepass #MoviepassCEO #StacySpikes
Tech assholes of the year so far: #MoviePass
MoviePass 2.0 Wants to Track Your Eyeballs to Make Sure You Watch Ads
https://www.vice.com/en/article/akvnba/moviepass-20-wants-to-track-your-eyeballs-to-make-sure-you-watch-ads
"... a web3-style application where users earn credits to go to the movies by watching ads. The new MoviePass will use facial recognition and eye tracking tech in your phone to make sure that you’re actually watching those ads."
#Ads #EyeballTracking #FacialRecognition #Web3 #Asshole #StacySpikes
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