James Michael Cline, the finance executive who launched the Fandango movie ticket business in 2000, died by suicide at age 64 in Manhattan on Tuesday morning after jumping from the 20th floor of the Kimberly Hotel, according to reports in Variation.
According to a statement from the New York Police Department, officers arrived at the hotel at 10:19 a.m. and found “a male who was unconscious and unresponsive with injuries consistent with a fall from a height. The investigation is ongoing.”
Based on Newshe left a suicide note in his room.
After leaving Fandango, now owned by NBC Universal and Warner Bros., in 2011, Mr. Cline founded Accumen, Insureon and Accolade through his company Accretive, which also invested in Fandango. He also runs a number of technology companies and venture capital businesses, including the hedge fund Bridgewater Associates.
He is the executive chairman of Juxtapose, a corporate incubator that has helped found companies such as Orchard, Tend, Earned, Great Jones, and Nectar. He is also an animal protection advocate and serves as chairman of the National Fish and Wildlife Foundation.
Mr. Cline earned an MBA from Harvard Business School after graduating from Cornell University.
He is survived by his wife Pamela B. Cline and six children. According to the outlet, they spent more than $20 million to buy a five-bedroom lakefront home in Palm Beach in late 2020.
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