 | |
| Type of business | Subsidiary |
|---|---|
| Founded | July 2010 |
| Dissolved | June 2024 |
| Headquarters | , |
| Parent | Chicken Soup for the Soul Entertainment |
| URL | Archived official website at the Wayback Machine (archive index) |
| Registration | None |
| Launched | March 2011 |
| Current status | Closed |
Popcornflix LLC was a website and over-the-top (OTT) service offering free ad-supported streaming video of feature-length movies and webisodes owned by Chicken Soup for the Soul Entertainment. [1] [2]
Popcornflix was conceived in July 2010, and went into live beta in March 2011. The site primarily streamed independent feature films, many of which come from Screen Media's library. [3] The service is accessible in the United States and Canada, with plans to launch in more territories. [4] In 2017, Popcornflix's owner, Screen Media Ventures, was acquired by Chicken Soup for the Soul Entertainment. [2]
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. [5] 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. [6] 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 Popcornflix. [7]
Popcornflix was available on the following platforms:
In addition to full-length independent movies, Popcornflix featured original content including web series and film school originals. [9] [10] The service was accessible in the United States and Canada, and plans to launch in more territories were cancelled. [4]
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Chicken Soup for the Soul, LLC is an American self-help and consumer goods company based in Cos Cob, Connecticut. It is known for the Chicken Soup for the Soul book series. The first book, like most subsequent titles in the series, consisted of inspirational true stories about ordinary people's lives. The books are widely varied, each with a different theme.
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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. 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. 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. 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. 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.
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