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Popcornflix

From Alfawiki
Popcornflix LLC
Company typeSubsidiary
IndustryStreaming media
FoundedJuly 2010; 16 years ago (2010-07)
FateCeased operations due to Chapter 7 bankruptcy liquidation
Headquarters
United States
Area served
United States, Canada
ParentChicken Soup for the Soul Entertainment

Popcornflix LLC functioned as an OTT platform providing complimentary ad-supported streaming of feature films and webisode content. The service was owned by Chicken Soup for the Soul Entertainment. Operations were terminated in July 2024 following the parent company's Chapter 7 bankruptcy liquidation.

History

Popcornflix debuted in July 2010 and entered live beta by March 2011, focusing mainly on streaming independent movies, many sourced from Screen Media's collection. The platform served audiences in the United States and Canada, with intentions to broaden its reach. In 2017, Chicken Soup for the Soul Entertainment acquired Popcornflix's parent company, Screen Media Ventures.

On April 23, 2024, Chicken Soup for the Soul disclosed a $636.6 million loss for the year 2023 and cautioned that liquidation might occur without new financial backing. After failing to meet payroll obligations and secure additional capital, the company filed for Chapter 11 bankruptcy protection on June 29, 2024. By July 11, this filing was converted to Chapter 7 bankruptcy, initiating asset liquidation and the closure of subsidiaries including Popcornflix.

Platforms

Users could access Popcornflix through various platforms such as its website Popcornflix.com and devices including Roku, Amazon Fire TV, Xbox 360, Xbox One, Xbox Series X/S, Apple TV, iPhone, iPad, iPod Touch, Android TV, Chromecast, PlayStation 3, PlayStation 4, PlayStation 5, and via Kodi.

Programming

The service featured a library of complete independent films along with original productions including web series and projects from film schools. While it operated within the United States and Canada, plans for international expansion were ultimately abandoned.

References