Former Facebook Chief Privacy Officer Chris Kelly became an investor in GoDigital, a digital distribution service for independent films, through the digital media investment firm he started with FreeCreditReport.com Founder Ed Ojdana, Preferred Ventures.
TechCrunch reported that Preferred Ventures invested a “high-six-figure” seed round into GoDigital, with Ojdana becoming the company’s chairman, and Kelly joining its board of directors.
GoDigital said on its website that it has a library of more than 1,000 catalog films, and it has distribution deals with Lionsgate Home Entertainment, iTunes, Netflix, Amazon, Hulu, Playstation, Vudu, Dish Network, and TVN
Ojdana told TechCrunch:
We want to bring in some assets on the marketing side and make a difference on how independent films are monetized.