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MovieChainer’s Backup Systems Acquires Equity Stake in Moonday (EXCLUSIVE)

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variety.com

Elsa Keslassy International CorrespondentBackup Systems, the owner of the cloud-based app MovieChainer, has acquired a strategic stake in Moonday, the new AI-powered social and professional network dedicated to the film and TV industry.MovieChainer launched five years ago and allows right-holders to model and track the legal and financial structure of their film projects.

MovieChainer and Moonday will unveil new data-centric features for the industry the fourth quarter. “Our services address the same clients, and while our respective promises are and will remain distinct, it rapidly became clear to us that several of our respective features could benefit from such synergies” said Olivier Bronckart, Moonday’s CEO and co-founder.

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