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Screen Media

From Wikipedia, the free encyclopedia
Screen Media Ventures, LLC
Company typeSubsidiary
IndustryFilm distribution
Founded2001; 23 years ago (2001)
DefunctJuly 11, 2024; 4 months ago (2024-07-11)
FateChapter 7 bankruptcy liquidation by parent company
HeadquartersNew York City, United States
Toronto, Canada
ParentChicken Soup for the Soul Entertainment
Websitescreenmediafilms.net

Screen Media Ventures, LLC was an American-Canadian distribution company founded in 2001 and owned by Chicken Soup for the Soul Entertainment since 2017 alongside its subsidiary Popcornflix.[1][2][3][4][5][6] In 2008, Screen Media selected The Creative Coalition as its exclusive nonprofit partner in launching the Spotlight Initiative. The partnership permits the pursuit of active outreach efforts for issues showcased in Screen Media produced and distributed motion pictures. While the Spotlight Initiative serves as a strategic business component that will create unique marketing, branding, and advertising opportunities as well as value for mass marketers, it also enhances America's cultural connection to the stories and social agendas of our times.[7]

On April 23, 2024, Chicken Soup for the Soul Entertainment announced a $636.6 million loss in 2023, and warned that without any options to generate additional financing, the company may be forced to liquidate or pause operations, and seek a potential Chapter 11 bankruptcy protection filing.[8] On June 29, 2024, the company filed for Chapter 11 bankruptcy protection after missing a week of paying its employees and failing to secure financing.[9] On July 11, the U.S. Bankruptcy Court approved a conversion of the bankruptcy to Chapter 7, which would signal a liquidation of the company's assets, and the cessation of its subsidiaries, including Screen Media.[10]

Selected films

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References

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  1. ^ "Screen Media Ventures, LLC: Private Company Information". Bloomberg. March 5, 2014. Retrieved September 20, 2017.
  2. ^ a b "Sean Bean's 'Drone' Lands at Screen Media Films". Variety. Retrieved September 20, 2017.
  3. ^ "Screen Media Films". Variety. Retrieved September 20, 2017.
  4. ^ "Screen Media Films Entering 'Temple' (Exclusive)". Bloody Disgusting!. May 26, 2017. Retrieved September 20, 2017.
  5. ^ Kit, Borys (January 30, 2015). "Sundance: 'Ten Thousand Saints' Sells to Screen Media Films". The Hollywood Reporter. Retrieved September 20, 2017.
  6. ^ "Popcornflix acquired by Chicken Soup for the Soul Entertainment". Digital TV Europe. 2017-11-07. Retrieved 2019-06-22.
  7. ^ "The Creative Coalition and Screen Media Films Announce Spotlight Initiative: Independent Films Making a Difference". The Creative Coalition. January 8, 2008. Retrieved September 20, 2017.
  8. ^ "Chicken Soup Reports $637 Million Loss for 2023, Preps Investors for Bankruptcy". NextTV. April 23, 2024. Retrieved April 23, 2024.
  9. ^ Hayes, Dade (June 29, 2024). "Redbox Owner Chicken Soup For The Soul Entertainment Files For Chapter 11 Bankruptcy Protection". Deadline Hollywood. Retrieved June 29, 2024.
  10. ^ Harding, Scharon (2024-07-11). "DVDs are dying right as streaming has made them appealing again". Ars Technica. Retrieved 2024-07-12.
  11. ^ Fleming, Mike Jr. (9 September 2014). "Helen Hunt's 'Ride' Gets Screen Media Deal". Deadline Hollywood. Retrieved 14 May 2015.
  12. ^ Sharf, Zach (September 29, 2015). "Screen Media Films Picks Up Fantastic Fest Hit 'Darling'". Indiewire. Retrieved May 2, 2018.
  13. ^ Busch, Anita (September 15, 2016). "Screen Media Films Picks U.S. Rights To 'The Bad Batch' – Toronto". Deadline. Retrieved April 30, 2018.
  14. ^ Pedersen, Erik (May 4, 2017). "Screen Media Twists Up 'Ripped,' Sets June Bow For Russell Peters-Faizon Love Stoner Pic". Deadline. Retrieved April 29, 2018.
  15. ^ Roxborough, Scott (November 1, 2017). "AFM: Screen Media Buys 'Curvature' for North America (Exclusive)". The Hollywood Reporter. Retrieved April 29, 2018.
  16. ^ Czachor, Mae (May 24, 2017). "Screen Media Nabs Rights to Ryan Eggold's 'Literally, Right Before Aaron'". Variety. Retrieved April 29, 2018.
  17. ^ Vasseur, Richard (August 26, 2017). "RICH REVIEWS: Beyond the Trek (movie review)". First Comics News. Retrieved April 29, 2018.
  18. ^ Linden, Sheri (March 16, 2018). "'Josie': Film Review". The Hollywood Reporter. Retrieved April 29, 2018.
  19. ^ "Variety". 2018.
  20. ^ "Variety". 2018.
  21. ^ Welk, Brian (December 17, 2018). "Terry Gilliam's Long-Delayed 'The Man Who Killed Don Quixote' Acquired by Screen Media". The Wrap. Retrieved December 17, 2018.
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