Stacy Spikes facts for kids

Stacy Spikes is an American entrepreneur and inventor. He holds several business and technical patents. He is the co-founder of the subscription service MoviePass and founder of Urbanworld, an international festival dedicated to nurturing Women and BIPOC storytellers and Creators. A former film marketing executive and producer, Spikes has held senior executive roles at Motown Records, Sony Music Entertainment, Miramax Films, and October Films.

Life and career

Spikes is from Houston, Texas. His father was a school principal and his mother hosted a public-access TV show.

After high school, he relocated to Los Angeles, where he lived with an uncle and worked a blue-collar job before entering the entertainment industry at Motown Records. By 1995, Spikes was working at Miramax Films and had been promoted a number of times before reaching the position of vice president of marketing. By 1996–97, Spikes was senior vice president of marketing at October Films.

Urbanworld Film Festival

Spikes founded Urbanworld Film Festival in 1997. The festival celebrated its 25th anniversary in 2021. and is held annually in New York City.

MoviePass, Co-Founder

In February 2011 Spikes launched MoviePass along with co-founder Hamet Watt. In October 2012, the company introduced a new business model that used proprietary location-based payment technology. Robert De Niro was an early supporter for MoviePass. After it was acquired by Helios and Matheson Analytics, he was fired from the company in January 2018. MoviePass filed for bankruptcy in 2020.

MoviePass, Relaunch

In 2021, Spikes bought the company out of bankruptcy and relaunched it in Fall 2022. Approximately 30,000 people registered on the pre-launch waitlist within five minutes of the announcement, causing the MoviePass website to crash. The new iteration of MoviePass has three subscriber tiers: basic, standard or premium. The Financial Times commented that "In the roll call of terrible business ideas, MoviePass ranks alongside the Sinclair C5, Juicero and The Soup Tube."

Book

Stacy Spikes memoir Black Founder, The Hidden Power of Being an Outsider was published in February 2023, and chronicles Spikes' career.

Filmography

Spikes was the executive producer for Punks, The Visit, King of the Jungle, Higher Ed (2001), For da Love of Money (2002), and the TV movie Urbanworld Film Festival Special (2004).

Awards & Honors

He received a “Made in NY Award” from Mayor Bloomberg in 2011 for his work with the Urbanworld Film Festival.