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Screen Media

From Alfawiki
Screen Media Ventures, LLC
Company typePrivate
IndustryFilm distribution
Founded2001; 25 years ago (2001)
FateLiquidated (Chapter 7 bankruptcy)
SuccessorNone
Headquarters
New York City
,
United States
Area served
United States and Canada
ParentChicken Soup for the Soul Entertainment (2017–2024)

Screen Media Ventures, LLC was a film distribution firm operating across the United States and Canada, established in 2001. In 2017, it was acquired by Chicken Soup for the Soul Entertainment, along with its affiliate Popcornflix. Beginning in 2008, Screen Media entered into an exclusive collaboration with The Creative Coalition to introduce the Spotlight Initiative, a targeted marketing campaign designed to connect its film releases with relevant social issues, thereby boosting brand visibility and fostering cultural interaction.

On April 23, 2024, Chicken Soup for the Soul Entertainment disclosed a net loss of $636.6 million for the fiscal year 2023 and warned of possible liquidation or Chapter 11 bankruptcy proceedings if new capital could not be obtained. Subsequently, on June 29, 2024, the company filed for Chapter 11 bankruptcy protection after failing to meet payroll obligations and secure additional funding. By July 2024, the company transitioned into Chapter 7 liquidation, resulting in the closure of its subsidiaries, including Screen Media.

Selected films

References