Engadget Podcast: MoviePass founder Stacy Spikes on the MovieCrash documentary

This week, Devindra and Engadget's Nathan Ingraham discuss the new Max documentary"MoviePass, MovieCrash" and reminisce about the early days of that wild startup. It was a huge mess in the end, but we wouldn't have subscription plans in theaters without it. We also chat with MoviePass co-founder Stacy Spikes , as well as the documentary's director, Muta'Ali, about the film.

It's about that subscription movie theater startup, which I think everybody, a lot of people were into way back when, and I have a lot of fond memories about it too. We'll talk about that thing and also the story of MoviePass. And we also have an interview with the co founder and current CEO of MoviePass, Stacy Spikes and the director of the documentary, Muta'Ali.

I feel like we may take it for granted today, folks, but if you look around, like every major theater chain has a subscription plan, for 20 or 30 bucks a month, you get all you can eat movies. Maybe some wiggle room around pricing and stuff there. Before MoviePass, none of that existed. And that the whole idea of paying a flat fee for all you can eat movies was just like something the entire industry was totally against.

Like Mitch Lowe had the like 100 plan and the 50 plan. Yeah. Like as soon as he came on, it went nowhere. And then why do we know why I don't think anybody wants to pay a hundred bucks a month. I wasn't, I love movies. I love going to the theater. I would not pay a hundred bucks a month for this. Then they came up with the 10 a month, all you can eat movie plan, right?when I remember starting to really hear about it. That's when the buzz broke out. Cause that was so cheap.

And watching this documentary just brought up a lot of feelings for me, namely, because I remember being really pissed off about this whole story, because first of all, Stacey Spikes is a rare black entrepreneur in the startup world, and you never really see that. So I was like, it's cool that MoviePass is a thing coming from black founders and was like finding some success.

This documentary is worth a watch. I think it's great where things are right now. C. Spikes ended up buying the like remnants of the company at auction for a low price and he's resurrecting it now. I think at a more sustainable price, it's 30 to 40 a month. It's run it using credits instead of just giving you the full money for a ticket.

Source: Education Headlines (educationheadlines.net)

Moviepass Stacy Spikes Moviepass Stacey Spikes Ted Farnsworth Nathan Ingraham Mitch Lowe Mitch Lowe

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