The 2nd Coming of MoviePass: CEO Says It Can Help Struggling Theaters – If They’ll Let It

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“If I were running one of the big three, I wouldn’t care where [the ticket sale] comes from,” Stacy Spikes told TheWrap

Stacy Spikes of MoviePass

Can MoviePass give movie theaters an even bigger boost on the second go-around? The newly rejuvenated subscription-based program is attempting a slow-rolling comeback.

They recently nabbed additional seed funding from Animoca Brands, a Hong Kong-based game software, blockchain and venture capital company. The seed round also included Claritas Capital, Emerald Plus, Gaingels, Harlem Capital, PKO VC and Sandhill Angels. More financing rounds are expected at the end of 2023 or in 2024.

“$10 a month for unlimited movies at any participating theater was always doomed,” co-founder, former owner and now current CEO Stacy Spikes argued during a conversation with TheWrap.

Spikes, whose book “Black