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MoviePass Eyes 2022 Return As Original Founder Stacy Spikes Reacquires Assets From Bankruptcy Proceedings

Back in May 2021, AfroTech sat down with MoviePass founder Stacy Spikes to discuss the concept of his new company, PreShow. At the time, Spikes dismissed any notion of ever returning to the company he helped make famous. Getting his start as a film marketing executive and producer, Spikes first made headlines when he became the co-founder and CEO of MoviePass. In theory, MoviePass’ idea was a simple, and welcoming, one: pay a monthly subscription fee, see as many movies in the theaters as you’d like. In 2012, MoviePass upped the ante by activating proprietary location-based payment technology, which allowed users to pay for their tickets in a safe and secure way — another idea that was, in fact, before its time. So it’s no surprise that PreShow, too, has the same visionary approach to entertainment. “Originally, the idea was to make it movie-based,” he said. “But the pandemic threw a wrench into those plans.” Now, though, it seems like Spikes may have pivoted yet again. According to...

Former MoviePass CEO Stacy Spikes Says PreShow Is Another Idea 'Whose Time Has Come'

Starting a business in the middle of a pandemic is a scary proposition, but PreShow founder and CEO Stacy Spikes was completely unfazed. “Where others may have seen problems, I saw opportunities,” he told AfroTech. “I’m not going to lie and say it was easy — but I will certainly say that I knew that what I had was an idea whose time had come. But, I will also say that I had to pivot, slightly, from my original plan for PreShow.” Getting his start as a film marketing executive and producer, Spikes first made headlines when he became the co-founder and CEO of MoviePass. In theory, MoviePass’s idea was a simple, and welcome, one: pay a monthly subscription fee, see as many movies in the theaters as you’d like. In 2012, MoviePass upped the ante by activating proprietary location-based payment technology, which allowed users to pay for their tickets in a safe and secure way — another idea that was, in fact, before its time. So it’s no surprise that PreShow, too, has the same visionary...