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Screen Media, a subsidiary of Chicken Soup for the Soul Entertainment (NASDAQ: CSSE), has acquired North American rights to the crime thriller Bad Hombres, directed by John Stalberg Jr. The film features a strong ensemble cast, including Luke Hemsworth and Tyrese Gibson, and follows two immigrants caught in a dangerous situation. Set to premiere at the Mammoth Film Festival, Bad Hombres will have a theatrical release later this year, followed by digital distribution. Screen Media's recent acquisitions continue to strengthen its position as a key player in the independent film industry, expanding its diverse library of content.
Positive
Acquisition of North American rights to Bad Hombres enhances content portfolio.
Strong cast increases potential market interest and viewership.
Theatrical and digital release planned, broadening revenue opportunities.
Negative
No significant financial metrics or forecasts provided regarding the acquisition impact.
Crime thriller stars Luke Hemsworth, Thomas Jane, Nick Cassavetes, Tyrese Gibson, Diego Tinoco, Hemky Madera, and Paul Johansson
NEW YORK--(BUSINESS WIRE)--
Screen Media, a Chicken Soup for the Soul Entertainment Company (NASDAQ: CSSE), today announced the acquisition of all North American rights to the film Bad Hombres, directed by John Stalberg Jr. ahead of its world premiere at the Mammoth Film Festival. The edge-of-your-seat crime thriller features an ensemble cast that includes Luke Hemsworth (Westworld), Thomas Jane (The Punisher), Nick Cassavetes (Face Off), Tyrese Gibson (The Fast and The Furious), Diego Tinoco (On My Block), Hemky Madera (Queen of the South) and Paul Johansson (One Tree Hill). Screen Media is planning a theatrical release of Bad Hombres later this year, followed by a digital release soon thereafter.
Bad Hombres follows the story of two immigrants who take a simple job, but when their employers reveal themselves to be criminals, surviving becomes the most difficult job of their lives.
“We are thrilled to acquire such a gripping, tense crime thriller with an exceptional cast,” said David Fannon, chief acquisitions and distribution officer at Chicken Soup for the Soul Entertainment. “John Stalberg Jr. has created an intense, uniquely irreverent and suspenseful film that will keep audiences engaged from start to finish.”
Stalberg Jr.’s previous films include Crypto, starring Hemsworth and Kurt Russell, and Muzzle, which features Aaron Eckhart and will be released later this year.
Bad Hombres is produced by Stalberg Jr., David Frigerio, Scott Macfarland, Oliver Hudson and Wyatt Russell.
Screen Media recently acquired Tom DeLonge’s directorial debut Monsters of California, Renny Harlin’s action film The Bricklayer starring Aaron Eckhart and Nina Dobrev from Millennium Films and the Bella Thorne-led thriller Saint Clarealso starring Ryan Phillippe and Rebecca DeMornay. Recent film releases include Devil’s Peak starring Academy Award winner Billy Bob Thornton and Emmy winner Robin Wright, The Locksmith starring Ryan Phillippe, Kate Bosworth, and Ving Rhames, Poker Face directed by and starring Academy Award winner Russell Crowe, Kevin Lewis’ follow-up to Willy’s Wonderland, The Accursed starring Alexis Knapp and Mena Suvari, The Enforcer starring Antonio Banderas and Kate Bosworth, The Immaculate Room starring Emile Hirsch, Kate Bosworth and Ashley Greene Khoury, Code Name Banshee starring Antonio Banderas, Jaime King and Tommy Flanagan and the psychological horror film Monstrous starring Christina Ricci.
ABOUT SCREEN MEDIA VENTURES LLC
Screen Media Ventures, LLC, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company, is a leading independent distributor of feature films, television series and documentaries in North America and supplies high-quality content to the global market through its foreign sales division. The company is the main supplier of content to the Crackle Plus streaming services, as well as to third-party streaming platforms. With its recent acquisitions of 1091 Pictures and the Sonar Entertainment library assets, Screen Media continues to expand its library of nearly 7,000 television series and motion pictures. Screen Media’s diverse slate of titles includes critically acclaimed and audience favorites: The Outpost starring Scott Eastwood, Willy’s Wonderland starring Academy Award® Winner Nicolas Cage, groundbreaking documentaries such as The Phenomenon and Grammy-Award Winner Linda Ronstadt: The Sound of My Voice, and indie film hits including Academy Award® Winner Taika Waititi’s What We Do in the Shadows and Hunt for the Wilderpeople. For more information, visit: www.screenmedia.net
About Chicken Soup for the Soul Entertainment
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) provides premium content to value-conscious consumers. The company is one of the largest advertising-supported video-on-demand (AVOD) companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with over 160 channels as well as a transaction video on demand (TVOD) service, and a network of approximately 34,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous books series and produces super-premium pet food under the Chicken Soup for the Soul brand name.
Forward-Looking Statements
This press release includes 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 identified in this press release, and on the current expectations of management and are not predictions of actual performance. Such assumptions involve a number of known and unknown risks and uncertainties, including but not limited to our core strategy, operating income and margin, seasonality, liquidity, including cash flows from operations, available funds, and access to financing sources, free cash flows, revenues, net income, profitability, stock price volatility, future regulatory changes, price changes, the ability of the Company’s content offerings to achieve market acceptance, the Company’s success in retaining or recruiting officers, key employees, or directors, the ability to protect intellectual property, the ability to complete strategic acquisitions, the ability to manage growth and integrate acquired operations, the ability to pay dividends, regulatory or operational risks, and general market conditions impacting demand for the Company’s services. For a more complete description of these and other risks and uncertainties, please refer to Item 1A (Risk Factors) in the Company’s Quarterly Report on Form 10-Q for the three- and nine-month period ended September 30, 2022, filed with the SEC on November 14, 2022. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements contained in this press release. Information regarding the acquisition of Redbox and related transactions is qualified by reference to the Company’s Current Reports on Form 8-K filed with the SEC on May 11, 2022 (as amended May 12, 2022), June 6, 2022, August 12, 2022, and November 14, 2022, and all exhibits filed with respect to such reports and the aforementioned registration statement. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Bad Hombres is a crime thriller following two immigrants who find themselves in a dangerous situation after their employers reveal criminal intentions.
What rights did Chicken Soup for the Soul Entertainment acquire for <i>Bad Hombres</i>?
They acquired all North American rights to the film.
When will <i>Bad Hombres</i> be released?
The film is set to premiere at the Mammoth Film Festival, with a theatrical release later this year, followed by a digital release.
Who are the key players involved in <i>Bad Hombres</i>?
The film features an ensemble cast including Luke Hemsworth, Tyrese Gibson, and Thomas Jane, directed by John Stalberg Jr.
How does the acquisition of <i>Bad Hombres</i> impact Chicken Soup for the Soul Entertainment?
The acquisition expands their content library, potentially enhancing revenue through diverse distribution channels.
