I think theyre struggling with the kind of content deals they want from the major studios. However AFAIK from the last update platform is pretty much ready.
FLiK highlighted a big problem in their marketing material which is that independent films really struggle to get fair content payment as the distributors notoriously inflate marketing and other expenses.
Theres definitely a market for a NetFlix for Independent Films imo which FLiK would be perfect for. (As opposed to LBRY or TUBE who will have too much YouTube type content to really be the go to Platform for quality independent films and documentaries.)
So if theyre struggling with premium content deals, I think theres still value in launching as an independent film platform in the interim where filmmakers get 92-98% of their viewing revenue, which is pretty incredible. (& unlike premium studio content, independent film-makers will direct their fanbase too FLiK & so help bootstrap the platform.)