He is the co-founder of the subscription service MoviePass and founder of Urbanworld, an international festival dedicated to nurturing women and BIPOC storytellers and creators.

[13] The Financial Times commented: "In the roll call of terrible business ideas, MoviePass ranks alongside the Sinclair C5, Juicero, and The Soup Tube.

"[14] Stacy Spikes's memoir Black Founder, The Hidden Power of Being an Outsider was published in February 2023; it chronicles his career.

[15][16] Spikes was the executive producer for Punks,[17] The Visit, King of the Jungle,[18] Higher Ed (2001), For da Love of Money (2002), and the TV movie Urbanworld Film Festival Special (2004).

[19] He received a “Made in NY Award” from Michael Bloomberg, the mayor of New York City, in 2011 for his work with the Urbanworld Film Festival.