COS COB, Connecticut, June 7, 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, announced today announced the acquisition of all North American rights to the upcoming thriller GOLD from writer / director Anthony Hayes through Screen Media, in which he co-stars with Zac Efron (The Greatest Showman, Extremely Wicked, Shockingly Evil and Vile) and Susie Porter (The Ape Mask, Freight ). Hayes is known for memorable roles in Animal Kingdom, The Square and The Slap. After a bidding competition among many competitors at the AFM last year, Screen Media prevailed by purchasing the film, which was shot in South Australia late last year and is currently in post-production.
GOLD is about greed and the efforts people make to make a fortune. When two men traveling through the remote desert encounter the largest gold nugget ever found, they must devise a plan to protect and excavate the gold. One goes to secure equipment while the other stays behind to protect the discovery … at all costs. GOLD was written by Anthony Hayes and Polly Smyth and produced by John Schwarz, Michael Schwarz (Danger Close, Killerman) and Hayes. Executive producers are Andrew Mann, Peter Touche, Simon Williams, Paul Wiegard, Will Clarke, Andy Mayson, Nick Forward and Mike Runagall. Altitude Film Sales is handling the international sales for the project. GOLD will be shown in Australia on the Stan streaming service as “Stan Original Film” following a theatrical release by Madman Entertainment.
“It is always a filmmaker’s dream to make a movie and get a major North American release for that film, and bidding wars are even less common,” said Hayes. “It is testament to our film GOLD and to everyone who worked so hard to bring it to life that Screen Media will bring this film to theaters and beyond in North America. It proves that the indie film landscape is alive and well and that distributors and audiences alike have an insatiable appetite for films made outside of the studio system. “
“We can’t wait for audiences to discover GOLD when it hits the big screen next year,” Screen Media said in a statement. “Anthony and Polly have created a dark and unforgettable parable about the perils of the modern world and Zac is the perfect choice to bring this exciting and relentless story to life.”
The deal was negotiated on behalf of Screen Media by Seth Needle, SVP of Global Acquisitions and Co-Productions, Screen Media, with Mike Runagall, Managing Partner at Altitude Film Sales, on behalf of the filmmakers.
Screen Media’s recent acquisitions include Megan Fox thriller Till Death and Mafia thriller The Birthday Cake starring Shiloh Fernandez, Ewan McGregor and Val Kilmer. Recent releases include the critically acclaimed documentary Street Gang: How We Got to Sesame Street, Senior Moment with William Shatner, Jean Smart and Christopher Lloyd, the Bella Thorne Thriller Girl, Simon West’s action-disaster film Skyfire and the Nicolas Cage- Hit Willy’s Wonderland.
ABOUT CHICKEN SOUP FOR SOUL ENTERTAINMENT, INC.
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 SCREEN MEDIA VENTURES, LLC
Screen Media Ventures, LLC, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company, has acquired the rights to high-quality, independent television series and feature films. Screen Media Ventures acquires worldwide distribution rights through cinema, home video, pay-per-view, free, cable and pay-TV, video-on-demand and new digital media platforms. The company acquires AVOD rights for third party networks and is the primary content supplier for Crackle Plus and other Chicken Soup for the Soul entertainment properties. With a library of over 1,500 television series and feature films, Screen Media Ventures is one of the largest independent providers of high quality television series and feature films to the US and international television markets, cable networks, home video channels and new media. For more information visit: www.screenmedia.net.
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 year ended December 31, 2020. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied in these forward-looking statements. These forward-looking statements are 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 thereof or changes in events, conditions or circumstances which a statement is based.
ALTITUDE MEDIA GROUP
Altitude Media Group is the independent UK-based studio headed by Will Clarke Chairman and Joint CEO with Andy Mayson, consisting of Altitude Film Production, Altitude Film Distribution with managing director Mike Runagall, High-altitude film rental with managing director Hamish Moseley and Height information with managing director Paul Sowerbutts. In February 2020, the US investment group 30WEST acquired a significant minority stake in the group.
Altitude Film Sales’ list includes: ALI & AVA written and directed by Clio Barnard; Survival thriller come out Wolves by Canadian filmmaker Adam MacDonald, SAS: Red notice with Sam Heughan, Ruby Rose, Andy Serkis, Hannah John-Kamen, Tom Hopper, and Tom Wilkinson; son, Horror film by Ivan Kavanagh with Andi Matichak and Emile Hirsch; The power by BAFTA-nominated writer and director Corinna Faith and with Rose Williams; Great white Director: Martin Wilson with Katrina Bowden; Jet ski, directed by James Nunn; documentary Diana from Oscar nominee Ed Perkins; and Chaplin. to hunt BAFTA and Sundance nominated filmmakers Peter Middleton and James Spinney.
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