Popcornflix LLC | |
Parent: | Chicken Soup for the Soul Entertainment |
Company Type: | Subsidiary |
Location City: | New York City, New York |
Location Country: | U.S. |
Registration: | None |
Launch Date: | 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.
On April 23, 2024, Chicken Soup for the Soul 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]