Photo by Vjeran Pavic / The Verge

Two years after the wildly popular subscription service MoviePass crashed and burned, its co-founder Stacy Spikes is determined to bring it back. Spikes says MoviePass will return this summer.

The company, recently bought by Spikes after his unceremonious ouster from MoviePass in 2018, held its launch event today at the Walter Reade Theater Lincoln Center in NYC. Spikes began by wasting absolutely no time addressing the Helios and Matheson Analytics-shaped elephant in the room. The firm is now infamous for being the parent company of MoviePass that managed to blow the entire thing up shortly after the firm bought the startup, which became famous for offering unlimited movie tickets for a monthly fee.

“A lot of people lost money, a lot of…

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