Skip to main content

Chicken Soup for the Soul Entertainment’s Screen Media Acquires International Rights to Moonstone Entertainment Film Catalog

Written by Customer Service on . Posted in Public Companies.

Including Titles from Noah Baumbach, Timothy Hutton, and Alan Rudolph

COS COB, Conn., May 10, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced that Screen Media has acquired international rights to a substantial part of the Moonstone Entertainment Library with a 10-year exclusive deal. Deal will include titles from Noah Baumbach, Timothy Hutton and Alan Rudolph. Screen Media plans to take the 47 library titles to market right away. The deal, negotiated by Ernst “Etchie” Stroh on behalf of Moonstone Entertainment and David Fannon and Michael Kosche on behalf of Screen Media, in partnership with MEP, represents the continuation of a long-standing relationship between Screen Media and Moonstone Entertainment.

Established by Etchie Stroh and his wife Yael at the Cannes Film Festival in 1992, Moonstone Entertainment is a leading independent film producer, known for films of high quality and commercial success. Over the years they have produced films including Alan Rudolph’s Afterglow starring Nick Nolte, Julie Christie (nominated for an Academy Award for Best Actress for this role), Lara Flynn Boyle and Jonny Lee Miller; Mr. Jealousy starring Eric Stoltz, Annabella Sciorra and Peter Bogdanovich; Scott Sanders’ Thick As Thieves starring Alec Baldwin and Michael Jai White; Peter Masterson’s Only Thrill starring Diane Keaton and Sam Shepard; Shimon Dotan’s Diamond Dogs starring Dolph Lundgren; and Timothy Hutton’s Digging To China starring Kevin Bacon and Evan Rachel Wood.  

“We are excited to add this new acquisition of commercial titles to our growing catalogue and continue our long-standing relationship with Etchie and Moonstone,” said David Fannon, President of Screen Media, EVP of Distribution for Chicken Soup for the Soul Entertainment.

“After decades of successfully working together, I feel that Screen Media is a perfect home for this part of our catalog for the next decade and will give us time to focus on our upcoming productions. I wish David, Michael and the team of Screen Media good luck,” added Stroh of Moonstone Entertainment.

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT, INC.
Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, Chicken Soup for the Soul Unscripted, APlus.com and Halcyon Television. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

ABOUT SCREEN MEDIA VENTURES, LLC
Screen Media Ventures, LLC, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company, acquires the rights to high quality, independent television series and feature films. Screen Media Ventures acquires worldwide rights for distribution through theatrical, home video, pay-per-view, free, cable and pay television, video-on-demand, and new digital media platforms. The company acquires AVOD rights for third-party networks and is the main supplier of content for Crackle Plus and other Chicken Soup for the Soul Entertainment properties. With a library of over 1,500 television series and motion pictures, Screen Media Ventures is one of the largest independent suppliers of high-quality tv series and motion pictures to U.S. and international broadcast markets, cable networks, home video outlets and new media venues. For more information, visit: www.screenmedia.net

FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are statements that are not historical facts. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of management and are not predictions of actual performance. Forward-looking statements are subject to known and unknown risks and uncertainties, including but not limited to those risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements speak only as of the date hereof and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

INVESTOR RELATIONS
Taylor Krafchik
Ellipsis
csse@ellipsisir.com
(646) 776-0886

MEDIA CONTACT
Kate Barrette
RooneyPartners LLC
kbarrette@rooneyco.com
(212) 223-0561

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.