(The Hosting News) – Curated film streaming and community platform Fandor announced today that its lead investor Chris Kelly, former Facebook General Counsel and Chief Privacy Officer, is stepping in as interim CEO. Current Fandor CEO, film producer Ted Hope, will be pursuing a new film production venture, and will remain a close advisor to the company.
Hope added, “Fandor is leading the way in fostering a great audience experience for online cinema. But filmmaking is my first love and I cannot resist returning to where my prime talents and skill set reside, and that is getting great films made well.”
Over the past year, Fandor has been rapidly growing, more than doubling its subscriber population, expanding its library, and improving its technology, as well as launching several impactful initiatives with film festivals and filmmakers. A new initiative with universities will launch in early 2015. Fandor is consistently expanding its highly curated library, and recently partnered with Hulu to bring The Criterion Collection to its members. The platform also ended the year with a day and date SVOD release in conjunction with a theatrical release in New York with the Film Society Of Lincoln Center of Bruno Dumont’s Li’l Quinquin, the first episodic series Fandor has premiered.
“We have a wide selection of new partnerships set up for 2015 that are as exciting as what we were able to do with Hulu. We will be partnering with leading technology companies and content providers, and unveiling new proprietary offerings of our own. I am very excited to help steer the company at this critical time,” Kelly enthused. “Ted will always be a friend and advisor to us. We wish him well.”
Kelly joined Facebook in 2005 as one of the first senior employees, and at various times served the company as General Counsel, Vice President of Corporate Development, Chief Privacy Officer, and Head of Global Public Policy. He left in 2009 to pursue the Democratic nomination for Attorney General of California. In 2010, he launched Kelly Investments, a family office pursuing transformational investments in technology, media, and finance.
Fandor is one of the fund’s earliest companies. Kelly also serves as co-owner of the NBA’s Sacramento Kings and as the National Chair of the New Leaders Council, a progressive leadership training organization for millennials interested in public service.
Fandor’s mission is to create a community of film lovers and makers connected by meaningful and entertaining cinematic experiences. Fandor members can watch thousands of handpicked, award winning films from around the world, of all lengths and genres. By investing in strategic partnerships with festivals (F|FA) and individual filmmakers (FIX), Fandor is generating greater opportunities for filmmakers, while their member- based service reaches audiences through TV set-top, desktop, and mobile devices. For more information, please visit www.Fandor.com.