|Real Name/Full Name:
|71 years old
|April 12, 1952
|Children/Kids (Son and Daughter):
|Is Mitch Lowe Gay?:
|CEO of MoviePass
|Net Worth in 2024:
|$15 million (Approx)
Mitch Lowe is one of those guys who has made our life easy by co-founding the streaming platform Netflix. He is also the person behind the start-up MoviePass. He is an American businessman who is known for his contributions to the video and rental industry. He is the current CEO of MoviePass, which is a subscription service that charges its members a monthly fee for the movie tickets at the cinemas. He has also served as an executive at Netflix and even the president at Redbox.
Maybe you know about Mitch Lowe very well, but do you know how old and tall is he and what is his net worth in 2024? If you do not know, we have prepared this article about details of Mitch Lowe’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Well, there isn’t much known about him, but it is known that Mitch was born in the year 1952, and for initial years, he served as a President of Video Droid and later Joined Netflix.
The personal life of Mitch Lowe is entirely a secret. Nothing is known rather than his date of birth and the company that he has headed.
Age, Height, and Weight
Being born in April 12 1952, Mitch Lowe is 71 years old as of today’s date 29th February 2024. His height is 6’2’’ tall, and his weight is 80 kg.
Talking of his career, Mitch was the President of Video Droid from the year 1984 to March 1998. After Video Droid, he was the VP of Business Development and Strategic Alliances for Netflix. He held this position from March 1998 to January 2003. Later he was the Senior Director and VP of Operations from May 2003 to December 2005 at McDonald’s Corporation. After McDonald’s, he worked at Redbox as the Chief Operating Officer from 2005 to 2009 and then as the President from 2009 to 2011. After his tenure was over at the Redbox, he was the CEO of Quarterly Co., and he remained there from September 2012 to July 2014.
He was also the board member of Charles Tillman Cornerstone Foundation, from September 2011 to January 2016. The organization helps needy children and families who need opportunities and resources. After he left this organization, he joined Alchemy as the board member, and he stayed there from August 2015 to April 2016. Alchemy is currently the independent distributor of the film and television in North America. Later he was from 2015 to 2017; he was on the board of Cantaloupe Systems, which is a retail payment service provider and was acquired by USAT for $80 million.
Later in June 2016, he was named the CEO of MoviePass, and then he oversaw the growth of the company’s user base customers to over 3 million subscribers. But the company’s business model struggled as it dropped to 300,000 subscribers at the near end. Lowe then instructed employees to change the user passwords in July 2018 so that the company could save money as it ran out of funds.
Then on September 13, 2019, he announced that the MoviePass would be shutting down the next day as the efforts to recapitalize the company has not been much successful. So on January 28, 2020, the MoviePass’ parent company filed for Chapter 7 Bankruptcy, and the company announced that it had ceased all the business operations, and now the company is no more.
Awards & Achievements
Since Mitch Lowe is just a businessman who has been on the board for many companies, he hasn’t received any special award until now, and he likes to keep it this way. He hasn’t appeared in any movie or any TV show, and he wants to keep himself distant from this world.
Net Worth & Salary of Mitch Lowe in 2024
The correct, current net worth of Mitch Lowe is not known, Of course, it would be in millions. It is expected that it would be more than $15 million as of February 2024, as he has headed so many companies and for so many years. He also made quite a name for himself in the business industry by indulging in so many companies. He is the guy who is responsible for the reputation that Netflix today has in the entertainment industry.
So this was all about Mitch Lowe, who is one of the most loved CEO’s in the business industry and has been regarded as one of the most progressive men in this industry. He has helped many businesses in scaling up, and he is also known for his philanthropic work that he keeps doing. So we wish that he can head more and more companies towards success and nothing else but a good life for him.