Screen Media’s Foresight Unlimited Chart Big Sales in Cannes Saint Claire and Skyline Radial Selling Strong

NEW YORK, N.Y.

Foresight Unlimited, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company, announced they’ve sold major territories while on the ground in Cannes for the upcoming thriller Saint Clare and science fiction disaster film Skyline Radial. Further deals for the two titles are currently being negotiated. Additionally, Foresight is screening footage of the Pierce Brosnan thriller Fast Charlie for the remaining open territories. 

 

Saint Clare’s major markets sold include: Eastern Europe to Daro, Spain to Inopia, the UK to 101 Films, Latin America to California Filmes, Scandinavia to Mis.Label, the Middle East to Selim Ramia and Indonesia to PT Prima. Screen Media will release the film in the US and Canada. 

 

Skyline Radial’s major markets sold include Germany to Wild Bunch, Japan to Happinet, the UK to Signature Entertainment, Latin America to CDC, the Middle East to Selim Ramia and Scandinavia to Mis.Label.

 

Saint Clare will be directed by Mitzi Peirone (Braid) and is written by Guinevere Turner (American Psycho) and Mitzi Peirone, based on the hit novel Clare at 16 by Don Roff with its novel sequel out in 2023. The film stars Bella Thorne (Girl, the upcomingRumble Through the Dark, Time is Up) and the producers are in negotiations with Rebecca DeMornay to join the cast, with additional casting of other key roles underway. The film will be produced by David Chackler, Arielle Elwes, Thor Bradwell, and Joel Michaely. Executive producers are Cassian Elwes, Seth Needle, Mark Damon, Tamara Birkemoe, Bella Thorne, Veronica Radaelli, Tom Culliver, Nadia Redler, Dave Sereny, and Jere Hausfater. The film is scheduled to begin production soon in Kentucky.

 

Saint Clare follows Clare Bleecker (Thorne), a quiet catholic college student with a divine vocation for killing.

 

Liam O’Donnell (Beyond Skyline, Skylines) will direct Skyline Radial, the fourth installment in the series, from his own script, with the original producing team of the franchise returning to produce. Released in 2010, the original in the series, Skyline, co-written and produced by O’Donnell, was an international box office success and one of the more profitable films of the year. O’Donnell went on to write and direct the subsequent two sequels, Beyond Skyline and Skylines, to success overseas. 

Skyline Radial will center on the franchise’s beloved main character Rose Corley. When Rose and her crew embark on a daring mission to rescue her father, Mark, from a secret prison, they are confronted with the ultimate power of the universe: an ancient alien race known only as The Radial. The latest film is currently casting, with key cast expected to return. Production is slated to start this year. 

 

ABOUT FORESIGHT UNLIMITED 

Foresight Unlimited, acquired in 2019 by Chicken Soup for the Soul Entertainment, Inc., is one of the industry’s leading independent film sales, production, and distribution companies. The company’s sales group is helmed by President, Tamara Birkemoe, who has been with the company for over 16 years, and oversees all aspects of the company’s slate. With a pioneering entertainment career spanning over 50 years, first as an actor, and then a producer, Chairman of Foresight Unlimited, Mark Damon, is considered to be one of the leading authorities on international film financing, distribution and marketing strategies as well as being a successful independent producer, having garnered over 11 Oscar nominations and 1 win (MONSTER) during his outstanding career.

 

ABOUT SCREEN MEDIA VENTURES, LLC 

Screen Media Ventures, LLC, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company, acquires the rights to high quality, independent television series and feature films. Screen Media Ventures acquires worldwide rights for distribution through theatrical, home video, pay-per-view, free, cable and pay television, video-on-demand, and new digital media platforms. The company acquires AVOD rights for third party networks and is the main supplier of content for Crackle Plus and other Chicken Soup for the Soul Entertainment properties. With a library of over 1,500 television series and motion pictures, Screen Media Ventures is one of the largest independent suppliers of high-quality tv series and motion pictures to U.S. and international broadcast markets, cable networks, home video outlets and new media venues. Screen Media also recently acquired 1091 Pictures. For more information, visit: www.screenmedia.net.

 

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT

Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) (the “Company”) operates video-on-demand (VOD) streaming services. The Company owns Crackle Plus, which owns and operates a variety of ad- supported VOD streaming services including Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The Company also acquires and distributes video content through its Screen Media and 1091 Pictures subsidiaries and produces original video content through the Chicken Soup for the Soul Television Group. 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 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 the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 31, 2022, and the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the SEC on May 11, 2022. On May 10, 2022, the Company entered into a merger agreement to acquire Redbox Entertainment, Inc. We refer you to the presentation filed as Exhibit 99.2 under cover of a Current Report on Form 8-K filed by the Company with the SEC on May 22, 2022 for information regarding the proposed business acquisition transaction. If the proposed business acquisition is consummated, in addition to the risks noted above, we also face the risks detailed in Redbox’s Annual Report on Form 10-K for the year ended December 31, 2021. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. These forward-looking statements 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.

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