Moving Story Entertainment takes equity interest in ChaiFlicks.com along with strategic partnership to expand ChaiFlicks into Australia and New Zealand
ChaiFlicks.com the year-old North American SVOD service specializing in Jewish and Israeli entertainment has entered into an agreement with Australian theatrical distribution company Moving Story Entertainment, Ltd. whereby MSE has acquired a significant equity interest in ChaiFlicks parent company IJFN, LLC. becoming a strategic partner in ChaiFlicks worldwide efforts and ChaiFlicks expansion of its SVOD service into Australia/NZ.
Moving Story also owns and operates four upmarket cinema complexes in Melbourne and Sydney (Classic, Lido, Cameo and Ritz Cinemas).
Though still very much a start-up, ChaiFlicks has seen a doubling of subscribers in the past three months as a result of new content and a growth in consumer interest in streaming of specialty content. Lovers of Jewish and Israeli films, particularly those who regularly attend Jewish film festival, have found a home for this outstanding content at ChaiFlicks.
Eddie Tamir, CEO of MSE said “We have been involved in distributing Jewish and Israeli entertainment in Australia for many years now with our well attended JIFF film festivals and our theatres in Sydney and Melbourne. We have been looking for a way to expand our interests in this area and Neil, Bill and Heidi’s ChaiFlicks is the perfect way for us to take advantage of the growing SVOD market in Australia and participate in this market in the rest of the world.”
Bill Weiner, Co-Founder of ChaiFlicks said: “Joining forces with Eddie and Lindy to expand the ChaiFlicks brand in Australia is a natural extension of our North American activities. Their expertise in this area will be a welcome addition to our efforts.”
Neil Friedman, Co-founder of ChaiFlicks said: “Heidi and I have known Eddie and Lindy for many years through our Menemsha films. We have similar tastes in programming the best in Jewish and Israeli entertainment. I am looking forward to working with them to bring the best programming to ChaiFlicks and showcasing it for our new audience in Australia and New Zealand.”
ChaiFlicks’ great movies, series and more is available on your television, mobile device, desktop, etc., with Apps for Roku, Amazon Fire TV, Apple iOS, Apple TV, Android & Android TV! Learn more at https://www.chaiflicks.com/