Current tycoon in the video rental industry, Mitch Lowe is a top entertainment and business speaker as he shares his resourceful knowledge and experience with his audiences. The current CEO of MoviePass possesses significant experience which proves his current position as a leader in the industry.
Lowe joined forces with Reed Hastings and Marc Randolph to create Netflix as early as when it was just a startup idea. He was one of the founding executives who served as Netflix’s Entertainment Domain Expert and as Vice President of Business Development and Strategic Alliances until 2003. After his overwhelmingly successful run with the streaming service, Lowe joined the investment group at McDonald’s to co-lead as COO with some technology advancements. Within the same year, he became President for Red Box and grew the business exponentially by multiplying the kiosks and intuitively using the company’s resources. Lowe increased the kiosks from a small number in a few states to over 35,000 kiosks across the nation, which in turn boosted the company’s presence. Furthermore, as a result of his resourcefulness, Red Box boasted a profit increment from less than $1 million to over $1 billion over the eight-year period with the company.
The ingenious entrepreneur has invested in a plethora of startups in the entertainment industry and has significantly advanced MoviePass as CEO. Lowe has raised the subscribers from a mere 20,000 to the millions and the company continues to experience growth. In addition to his position at MoviePass, he sits on the board of Cantaloupe Systems, Boxby, and Vidbox.