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Fandango founder dies in fall from Manhattan skyscraper

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J. Michael Cline, the co-founder of Fandango and diverse other startups over a decades-long profession, has died after falling from a Manhattan hotel, New York City’s deputy commissioner of public information told TechCrunch.

The New York Police Department responded to a 911 call from the Kimberly Hotel, a 30-story hotel on fiftieth Street in midtown Manhattan, Tuesday morning. Upon arrival, “officers located an unconscious and unresponsive male with injuries consistent with a fall from an elevated position,” the deputy commissioner said in an emailed statement to TechCrunch. Cline fell from the twentieth floor of the hotel, in response to New York Times. Emergency services responded and pronounced the person dead shortly after arrival, and the investigation is ongoing. Police later identified the person as James Michael Cline, a 64-year-old resident of Palm Beach, Florida.

According to him, Cline co-founded Fandango, the favored online ticketing company that revolutionized the best way Americans bought movie tickets, together with his COO Art Levitt in 1999. LinkedIn Page.

After a decade-long battle with MovieTickets.com in the 2000s, Fandango emerged because the winner in the net movie ticketing space. Cline launched a digital empire by selling movie tickets online, charging processing fees, and selling internet marketing to show a profit. Fandango eliminated the necessity to wait in long lines on the box office and paved the best way for $37 billion Online ticketing industry.

He left the corporate in 2011, about 4 years after Comcast acquired the corporate. Early investors in the net ticketing service included General Atlantic and TCV.

Cline was also a managing partner of Accretive, a enterprise capital firm he founded in 1999. Over the course of his profession, he has built startups including R1 RCM, Accumen, Accolade, Everspring, Dresr, and Insureon. Since 2018, Cline has served as executive chairman of enterprise capital firm Juxtapose, which invests in technology firms. During his time there, Cline enjoyed investing in healthcare firms, in response to his Staff PageSome of Juxtapose’s portfolio firms include Tend, Nectar and Great Jones.

Accretive, Juxtapose, and Fandango didn’t immediately reply to TechCrunch’s request for comment.

This article was originally published on : techcrunch.com

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