Popcornflix

American streaming service (2010–2024) From Wikipedia, the free encyclopedia

Popcornflix

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] In July 2024, Chicken Soup for the Soul Entertainment was placed in Chapter 7 liquidation, which instigated cessation and disposal of its subsidiaries, including Popcornflix.

Quick Facts Company type, Founded ...
Popcornflix LLC
Company typeSubsidiary
FoundedJuly 2010; 14 years ago (2010-07)
DefunctJuly 11, 2024; 9 months ago (2024-07-11)
FateChapter 7 bankruptcy liquidation by parent company
Headquarters,
ParentChicken Soup for the Soul Entertainment
Websitepopcornflix.com (defunct)
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History

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]

Platforms

Popcornflix was available on the following platforms:

Programming

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]

References

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