×
You will be redirected back to your article in seconds

Fandor Inks Lionsgate, MGM Deals for Subscription VOD, Taps Russell Burke as CFO

Movie-streaming service Fandor has reached new licensing deals with MGM and Lionsgate for several hundred library titles. The company also named Russell Burke, a former finance exec at Sony Music Entertainment and Magic Leap, as its new CFO.

Under the studio deals, Fandor gains streaming rights to movies including Lionsgate’s “The Graduate,” “Secretary” and Akira Kurosawa’s “Ran,” and MGM’s “Mad Max,” “The Crying Game” and “Carrie” (starring Sissy Spacek, pictured above), among others.

The MGM and Lionsgate titles bolster Fandor’s lineup of over 5,000 indie films, documentaries and international titles. It offers a selection of movie titles to subscribers, along with daily short-form original videos and series. Fandor is available on desktop, iOS and Android devices, and on TV through Roku, Apple TV and Google Chromecast. The subscription VOD service is available for $10 per month or $90 annually.

Fandor also touted its participation as one of the partners for the newly launched Roku Channel, a free, ad-supported movie service, building on its other distribution deals with CenturyLink Stream, Dish Network’s Sling TV, and Amazon Video in the U.S. and the U.K.

Burke joins Fandor as CFO after most recently serving at chief financial officer at Globality, a global business-to-business services marketplace. Burke previously held senior financial roles at Sony Music Entertainment, pressplay, and Mandalay Media, and he also was the founding CFO of mixed-reality startup Magic Leap.

“Fandor’s investors and employees are thrilled to have someone of Russell’s pedigree at the helm of finance,” said Larry Aidem, Fandor president and CEO. “The management team and I have been incredibly impressed with Russell’s experience helping companies like ours scale.”

Other Fandor senior-level hires of note include former Twitter and Yahoo exec Dan Johns, who serves as Fandor’s executive VP of advertising and sponsorship, and former AMC Networks executive Gail Gendler, who joined Fandor as head of programming last year.

Investors in San Francisco-based Fandor include Starz (now owned by Lionsgate), DNS Capital, and LionTree Advisors.

Popular on Variety

More Digital

  • Fire TV News

    Amazon Launches Ad-Supported News Video App

    Amazon officially announced its long-rumored ad-supported news video service Tuesday. The new service will be available on Fire TV devices as well as Fire tablets, and rely on videos from publishers including CBS News, Reuters, Huffington Post, Bloomberg, People, Cheddar and others. News coverage served up through the app includes livestreams as well as on-demand [...]

  • Marvel-SiriusXM-podcasts

    Marvel Creating 'Substantial' Number of Exclusive Podcasts for SiriusXM

    Marvel’s Wolverine, Hawkeye, Black Widow and Star-Lord — and potentially more characters down the road — are getting their own podcasts on SiriusXM and Pandora. SiriusXM and Marvel Entertainment announced a multiyear pact under which Marvel will create a “substantial amount” of exclusive podcasts for SiriusXM and Pandora, including both scripted and unscripted series and [...]

  • Polygon

    Quibi Orders Daily Gaming-News Series From Vox Media’s Polygon

    Quibi latest idea about “essential” daily programming? A hopped-up, rapid-fire dispatch about video games and gamer culture. The mobile subscription-video startup, led by founder Jeffrey Katzenberg and CEO Meg Whitman, ordered a daily culture and gaming news show from Vox Media’s Polygon. The yet-to-be-titled series will span headlines, trend deep-dives, first-look previews of new game [...]

  • The Netflix logo is displayed at

    Netflix Stock Falls After Verizon Announces Disney Plus One-Year Giveaway

    Netflix investors, already skittish about the looming entry of Disney and Apple into the competitive streaming space, pushed the stock down as much as 4% in morning trading Tuesday. The drop came after Verizon announced a deal with Disney to offer Disney Plus for 12 months free to all unlimited wireless customers and new Fios [...]

  • Markus Stoll (Harry G), Lisa Bitter,

    Amazon Greenlights German Series Starring Comedian Markus Stoll

    Amazon Studios has greenlit a German comedy series titled “The Bedfellow” (“Der Beischläfer”) starring comedian Markus Stoll, who is popular locally for playing a funny guy named “Harry G” who satirizes life in his native Bavaria. Shooting has started in Munich on the six-part series, which is directed by  Anna-Katharina Maier (“Die Klempnerin”) and  produced [...]

  • Disney-Plus-mobile-app

    Verizon Will Give One Year of Disney Plus for Free to All Unlimited Wireless Customers

    Verizon is giving away Disney Plus — the Mouse House’s new streaming service debuting next month — free for one year to all of its wireless customers on unlimited-data plans, under a broad new partnership between the two companies. When Disney Plus launches Nov. 12, the telco will begin offering 12 months of the video-streaming [...]

More From Our Brands

Access exclusive content