Film vs Web Series

They're different stories, to the point where I'd consider them both completely separate universes that are unrelated to one another.

In the web series you have a group of people with crippling phobias that get together in an abandoned hospital setting in the hope that Anders's machine will cure them. These phobias are all random and are unrelated to one another. Their phobias start coming to life in specific ways and weird stuff happens. Anders is already ostracized from society and his reasons for wanting to test out his machine are pretty selfish. He knows that there are likely issues with his machine but he doesn't really care.

In the film the people are all there because they went through an event that gave them all phobias. They're all related to one another in some form or fashion. Rather than an abandoned hospital the film is instead set in Anders's clinic, a huge building that is not abandoned since he still lives there. Anders is ostracized, but it's also partially of his own making since he effectively withdrew from the world at large because he views himself as responsible for a patient death that came about because of the machine. He does not want anyone to use the machine, but gets badgered into it by the various patients that come back because their fears are coming back. There is no mention of the hospital setting and all of the phobias are slightly similar in that they are all forms of PTSD.

The film isn't awful but it wasn't great. Between the two I'd recommend the web series, however it was never finished since it came out about the time that FearNet went under and got gobbled up by Chiller. There were plans to create a film during that time, but it was more considered to be an extension of the web series. I think that this is probably why the film is so different, since the crew might have run into some issues with continuing the plot for a series that is possibly owned by another company. Plus there are concerns that people wouldn't remember the earlier plot since it'd been years since it'd been released and the web series never gained a huge following. The film gives more closure, but it's not as good.