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Popcornflix

From Wikipedia, the free encyclopedia
Popcornflix LLC
FoundedJuly 2010; 16 years ago (2010-07)
Headquarters
New York City, New York
,
U.S.
OwnerDavid Nagelberg
Websitehttps://popcornflix.com

Popcornflix LLC is a website and over-the-top (OTT) service offering free ad-supported streaming video of feature-length movies and webisodes owned by David Nagelberg, a former investor at 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, and later, emerged and back online under David Nagelberg in 2025.

History

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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.[citation needed] 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.[4] 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.[5] 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.[6] After liquidation, Popcornflix is back online under David Nagelberg.

Platforms

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Popcornflix was available on the following platforms:

Programming

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In addition to full-length independent movies, Popcornflix featured original content including web series and film school originals.[8][9] The service was accessible in the United States and Canada, and plans to launch in more territories were cancelled.[citation needed]

References

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  1. ↑ Hachman, Mark (March 21, 2011). "Popcornflix.com: a (Free) Hulu for Big Stars, Obscure Movies". Yahoo! News. Retrieved October 5, 2011.
  2. 1 2 McDonald, Andrew (November 7, 2017). "Popcornflix acquired by Chicken Soup for the Soul Entertainment". Digital TV Europe. Retrieved June 22, 2019.
  3. ↑ Hoffelder, Nate (March 23, 2011). "Hulu has a rival – Popcornflix.com". Mediabistro.com. Archived from the original on September 13, 2011. Retrieved October 7, 2011.
  4. ↑ "Chicken Soup Reports $637 Million Loss for 2023, Preps Investors for Bankruptcy". NextTV. April 23, 2024. Retrieved April 23, 2024.
  5. ↑ Hayes, Dade (June 29, 2024). "Redbox Owner Chicken Soup For The Soul Entertainment Files For Chapter 11 Bankruptcy Protection". Deadline Hollywood. Retrieved June 29, 2024.
  6. ↑ Harding, Scharon (July 11, 2024). "DVDs are dying right as streaming has made them appealing again". Ars Technica. Retrieved July 12, 2024.
  7. ↑ "Popcornflix App on Roku". Roku Guide. September 30, 2011. Retrieved October 10, 2011.
  8. ↑ Luchter, Les (June 6, 2011). "Popcornflix Joins Ad-Supported Streaming Movie Race". MediaPostNews. Archived from the original on August 4, 2011. Retrieved September 20, 2011.
  9. ↑ Knutson, Chastity (May 11, 2017). "Popcornflix – Free Movie Streaming Alternatives". Owl Ratings. Retrieved October 19, 2011.


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