Millennium Media will fund and produce at least 15 films for Screen Media distribution over the next 3 years
COS COB, Connecticut, July 21, 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 Screen Media’s agreement with Millennium Media to release at least five of the production power plant’s films per year for the next three years. The first film will be The Enforcer with Antonio Banderas, Kate Bosworth and 2 Chainz. The film, directed by Richard Hughes, will be shot in Greece this summer. Screen Media will begin publishing in North America in 2022.
Millennium Media is best known for the box office hits The Expendables Franchise, Olympus Has Fallen and London Has Fallen, The Hitman’s Bodyguard and Mechanic: Resurrection. Recent films include Angel Has Fallen and the successful reboot of the Rambo franchise, Rambo: Last Blood. It has also produced the acclaimed independent films Tesla, Blackbird, The Outpost and Till Death.
In an on-going relationship with Millennium Media, Screen Media recently released Megan Fox star Till Death, which was iTunes’ best-selling independent film. In 2020, Screen released two Millennium Media films, Roger Michells Blackbird with Susan Sarandon, Kate Winslet and Mia Wasikowska, and one of last summer’s most successful films, Rod Lurie’s The Outpost with Caleb Landry Jones, Scott Eastwood and Orlando Bloom. The Outpost was featured on many top ten year-end lists and was the best movie on many VOD outlets including iTunes where it ranked number one for over three weeks.
In the last few years, Screen Media has developed into a leading provider of independent film distribution with only cinema, daily and date publications. In August, Screen Media released Chase Palmer’s Naked Singularity, starring John Boyega, Olivia Cooke, Bill Skarsgård, Ed Skrein, Linda Lavin and Tim Blake Nelson. The film premiered on the opening night of the San Francisco Film Festival 2021 and won the audience award. Recent releases include the mafia thriller The Birthday Cake starring Shiloh Fernandez, Ewan McGregor and Val Kilmer; the comedies eat wheaties! with Tony Hale; and Senior Moment with William Shatner, Jean Smart, and Christopher Lloyd; the critically acclaimed documentary Street Gang: How We Got to Sesame Street; and the Nicolas Cage met Willy’s Wonderland.
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“We are excited to develop our relationship with Millennium Media and look forward to bringing these films to all windows including TVOD, DVD, SVOD and AVOD,” said David Fannon, President of Screen Media. “Working with the Millennium team is great and our partnership has proven successful for both companies. Crackle Plus will prominently display these films on AVOD and bring them to millions of viewers. The films should be important driver titles for the Crackle Plus networks. “
“Millennium Media and Screen Media have developed a very fruitful relationship over the past few years. This deal is a testament to that and the success of our previous films like The Outpost in the hands of Screen Media, ”said Jonathan Yunger, Co-President, Millennium Media. “We look forward to continuing to produce high quality commercials and formalizing this partnership,” he added.
The deal was negotiated by Fannon with Millennium Media President Jeffrey Greenstein and Mr. Yunger.
ABOUT CHICKEN SOUP FOR SOUL ENTERTAINMENT
Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand (VOD) networks. 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 purchases and distributes video content through its subsidiary Screen Media and produces long and short original 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 foods under the brand name Chicken Soup for the Soul.
ABOUT MILLENNIUM MEDIA, INC
Millennium media. Inc. is one of Hollywood’s longest running independent film companies and has established itself as a leader in developing multi-billion dollar box office action franchises and acclaimed independent films. The full-service entertainment company finances, produces and distributes films worldwide and has a production facility, Nu Boyana Studios in Bulgaria, where international and Hollywood productions take place.
Millennium is best known for the box office hits THE EXPENDABLES franchise, OLYMPUS HAS FALLEN and LONDON HAS FALLEN, THE HITMAN’S BODYGUARD and MECHANIC: RESURRECTION. Recent films include ANGEL HAS FALLEN and the successful reboot of the Rambo franchise, RAMBO: LAST BLOOD. It has also produced the acclaimed independent films TESLA, BLACKBIRD and THE OUTPOST.
This press release contains 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 mentioned in this press release, and management’s current expectations and are not predictions of actual performance. Forward-looking statements are subject to known and unknown risks and uncertainties including, but not limited to the risks set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, assumptions proving incorrect, actual results will differ materially from the results implied in these forward-looking statements. These forward-looking statements speak for date only, and the company expressly disclaims any obligation or obligation to publicly release any updates or revisions to any forward-looking statements contained herein to reflect changes in company expectations with respect thereto or changes in events, conditions or circumstances on which a statement is based.
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