STOCK TITAN

Big Screen Entertainment Group Expands Distribution on Fandango and ElectricNow

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Big Screen Entertainment Group (OTC:BSEG) announced a significant expansion of its film distribution network. Starting next month, popular titles like 'Babysitter Wanted,' 'You Can’t Kill Stephen King,' and 'Mosquito Man' will be available on Fandango at Home.

Big Screen also secured a deal with ElectricNow to stream films like 'Singularity Principle' and 'Target Practice.' This expansion is expected to boost revenue as Big Screen regains its film rights and leaves an underperforming distributor.

Additionally, the company renewed its distribution deal for 'Sodium Babies' and is developing new IPs, including 'Hollywood Legends: The Marilyn Monroe Story,' currently in post-production.

Positive
  • Big Screen expanded its distribution network to Fandango and ElectricNow, increasing potential revenue.
  • Titles like 'Babysitter Wanted' and 'You Can't Kill Stephen King' will reach a broader audience through Fandango at Home.
  • Partnership with ElectricNow ensures distribution under the 'New and Fresh' section, enhancing visibility.
  • Big Screen regained film rights, enabling better control and revenue maximization.
  • Renewed distribution deal for 'Sodium Babies' could attract more viewers.
  • Development of new IPs and upcoming releases like 'Hollywood Legends: The Marilyn Monroe Story' indicates growth prospects.
Negative
  • Leaving an underperforming distributor implies past challenges in revenue and distribution efficiency.
  • No specific financial projections or guaranteed revenue increase figures were provided.
  • Potential delays in production and distribution for new IPs could affect future revenue streams.

LOS ANGELES, May 30, 2024 (GLOBE NEWSWIRE) -- Big Screen Entertainment Group (OTC:BSEG) is thrilled to announce a significant expansion of its film distribution network. Starting next month, several of its popular titles—Babysitter Wanted, You Can’t Kill Stephen King, and Mosquito Man—will be showcased on Fandango at Home.

babysitter wanted

You Can't Kill Stephen King Thumbnail 1920x1080

In addition, Big Screen has secured a deal with ElectricNow, a rapidly growing streaming channel launched by Dean Devlin’s (known for hits like Independence Day, Stargate, The Librarians) Electric Entertainment.

Under ElectricNow’s “New and Fresh” section, Big Screen’s films such as Singularity Principle, You Can’t Kill Stephen King, Target Practice, and Mosquito Man are available for streaming.

With these new distribution platforms, Big Screen is poised for increased revenue growth. CEO Kimberley Kates commented, “We are actively exploring multiple avenues to boost our revenue. After regaining our film rights and leaving an underperforming distributor, we are significantly expanding our reach and maximizing our film exploitation.”

Big Screen has also renewed its distribution deal for the acclaimed film Sodium Babies by The Deka Bros, with plans to release it on additional platforms in the coming months.

Furthermore, the company is developing new IPs and preparing several new films and TV shows for production. Among these is Hollywood Legends: The Marilyn Monroe Story, currently in post-production.

https://www.electricnow.tv

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 – 323.654.3400

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/7060e941-c15d-4264-8f5b-7d5a0a15a578

https://www.globenewswire.com/NewsRoom/AttachmentNg/fc116d0d-319d-424b-a4ec-70ec0ab4b589


FAQ

What recent expansions did Big Screen Entertainment Group announce?

Big Screen Entertainment Group announced its expansion into Fandango at Home and ElectricNow for film distribution.

Which films will Big Screen Entertainment Group distribute on Fandango at Home?

Big Screen Entertainment Group will distribute 'Babysitter Wanted,' 'You Can't Kill Stephen King,' and 'Mosquito Man' on Fandango at Home.

What is ElectricNow's role in Big Screen Entertainment Group's new distribution strategy?

ElectricNow will stream Big Screen Entertainment Group's films like 'Singularity Principle' and 'Target Practice' under its 'New and Fresh' section.

How will the new distribution deals affect Big Screen Entertainment Group's revenue?

The new distribution deals are expected to increase Big Screen Entertainment Group's revenue by reaching a broader audience.

Which new film projects is Big Screen Entertainment Group currently developing?

Big Screen Entertainment Group is developing 'Hollywood Legends: The Marilyn Monroe Story' and several new films and TV shows.

BIG SCREEN ENTMT GRP INC

OTC:BSEG

BSEG Rankings

BSEG Latest News

BSEG Stock Data

2.30M
Entertainment
Communication Services
Link
United States of America
Hollywood