Cinedigm has acquired Fandor, a 10-year-old streaming home for independent films, and plans to update and expand its offerings with a goal of acquiring millions of subscribers.The company will relaunch Fandor later this year by tapping its own library of 7,000 related film titles, including from internet television service and vintage film archive The Film Detective.
In a press release announcing the deal, Cinedigm said it “anticipates the service could reach seven-figure subscriber levels within the next 24-30 months with a focus on rapid global expansion and distribution.”Fandor, which was run at various points in its history by noted film and TV industry executives Larry Aidem and Ted Hope, has an eclectic, global library 4,600 film
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