Big Screen Entertainment Enhances Distribution Strategy By Partnering Directly With Amazon

Rhea-AI Summary

Big Screen Entertainment Group (OTC: BSEG) has taken direct control over its film titles, making them available on Amazon Prime and Amazon Video on Demand (VOD) worldwide. The company is also in talks with new distributors and streaming channels to expand its reach. CEO Kimberley Kates believes this move will maximize monetization and offer higher returns.

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• Big Screen Entertainment Group has assumed direct control over its film titles, allowing them to be available on Amazon Prime and Amazon Video on Demand (VOD) worldwide. This strategic move is expected to increase the company's reach and potentially lead to higher returns on its film portfolio.

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• None.

LOS ANGELES, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Big Screen Entertainment Group (OTC: BSEG) is pleased to announce a strategic move aimed at optimizing the distribution of its film portfolio.

The company has assumed direct control over all of its film titles, facilitating their availability on the renowned streaming platform, Amazon Prime, and Amazon Video on Demand (VOD) worldwide. This transition follows the conclusion of a prior distribution agreement with previous aggregators.

In addition to this collaboration with Amazon, our Los Angeles-based organization, Big Screen Entertainment Group (BSEG), is in discussions with new distributors and streaming channels to expand beyond our current distribution platforms from 15 to 25 channels.

Kimberley Kates, CEO of Big Screen Entertainment Group, commented on this significant development, stating, "Digital distribution plays a pivotal role in the financial success of a film. Our decision to engage directly with Amazon aligns with our commitment to maximize the monetization of both our existing library and forthcoming titles, offering higher returns."

BSEG also has their own Streaming Channel, Big Stream Entertainment on Roku and OTT with over 300 titles. Big Stream’s original TV show, HOLLYWOOD LEGENDS is currently in post-production.

About Big Screen Entertainment Group:

Big Screen Entertainment Group (OTC:BSEG) is a well-established distribution and production company based in Beverly Hills. Built on a love for storytelling, the business launched in 2005 and has grown to specialize in production, post-production, distribution in the US and Internationally.

Forward-Looking Statement: A number of statements contained in the press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as “could,” “plan,” “estimate,” “expect,” “intend,” “may,” “potential,” “should,” and similar expressions are forward-looking statements.

Contact:
Lorraine Chi
big@bigscreenent.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/138e14cc-f409-4cba-a8db-cc707eef8bcb

FAQ

What is Big Screen Entertainment Group's strategic move?

Big Screen Entertainment Group has taken direct control over its film titles and made them available on Amazon Prime and Amazon Video on Demand (VOD) worldwide.

What are the potential benefits of this move for the company?

By engaging directly with Amazon and expanding its distribution channels, Big Screen Entertainment Group aims to maximize monetization and achieve higher returns on its film portfolio.

Is Big Screen Entertainment Group in talks with other distributors and streaming channels?

Yes, the company is currently in discussions with new distributors and streaming channels to expand its reach beyond its current platforms.

Does Big Screen Entertainment Group have its own streaming channel?

Yes, the company has its own streaming channel called Big Stream Entertainment on Roku and OTT, which offers over 300 titles.

What is the status of Big Stream Entertainment's original TV show, HOLLYWOOD LEGENDS?

HOLLYWOOD LEGENDS is currently in post-production.