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B-Movie Mogul: How A Former Telecom Titan Turned A Feel-Good Book Publisher Into A Streaming Media Star


08:16am EDT|
B-Movie Mogul: How A Former Telecom Titan Turned A Feel-Good Book Publisher Into A Streaming Media Star
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Among pandemic success stories, few rival Netflix. Globally, lockdowns have helped push its subscriber rolls to more than 200 million and even better, it recently scored an impressive 35 Academy Award nominations. In the last 12 months its shares are up 49%.
But as giants like Netflix, Amazon and Disney battle at the top for streaming market dominance and Oscars, a little known entertainment company with a schmaltzy name,
Chicken Soup For The Soul Entertainment, is on a tear, gobbling up lesser known streamers, film distribution and production companies, as its stock climbs higher. In the last 12 months, Chicken Soup’s o-t-c traded shares are up 289% nearly six times as much as Netflix. ....

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Chicken Soup for the Soul to acquire Sonar Entertainment assets


| 11 April 2021
Positioning the company to launch additional networks and accelerate its international television production and distribution strategy, streaming advertising-supported video-on-demand (AVOD) network Chicken Soup for the Soul Entertainment has signed a definitive agreement to acquire the film and TV assets of Sonar Entertainment.
A leading independent television studio headquartered in Los Angeles with operations in Toronto and London, Sonar has developed, produced, financed and distributed shows such as The Shannara Chronicles (MTV/Netflix), Taboo(BBC/FX), The Son (AMC), Mr. Mercedes (DirecTV), Das Boot (Sky Europe), Hunters (Amazon Prime), Alien Xmas (Netflix) and Mysterious Benedict Society (Disney+).
Sonar’s film and television library comprises over 1,000 titles, over 4,000 hours of programming, ranging from classic shorts of Little Rascals, Laurel & Hardy and Blondie (produced by Hal Roach Studios) to event mini-series such as Loneso ....

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Chicken Soup acquires Sonar assets


Chicken Soup acquires Sonar assets
US producer, distributor and AVoD operator Chicken Soup for the Soul Entertainment (CSSE) has acquired the film and TV assets of David Ellender-led producer and distributor Sonar Entertainment.
David Ellender
Sonar is an independent television studio headquartered in LA, with operations in Toronto and London. In recent years, it has developed, produced, financed and distributed shows such as The Shannara Chronicles (MTV/Netflix), Taboo (BBC/FX), The Son (AMC), Mr Mercedes (DirecTV), Das Boot (Sky Europe), Hunters (Amazon Prime), Alien Xmas (Netflix) and Mysterious Benedict Society (Disney+).
CSSE said today that acquiring Sonar would help it build on its AVoD streaming strategy by expanding its original content development pipeline, increasing its IP ownership, enabling it to launch additional AVoD networks and grow its international production and distribution. ....

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