A number of directors are pursuing litigation against the digital indie film distributor 1091 Pictures for failing to make promised revenue-sharing payments after selling their films to the platform, now owned by Chicken Soup for the Soul Entertainment. Helmers are scrambling to reclaim distribution rights to their work out of fear that 1091 Pictures’ parent company could declare bankruptcy.
Filmmakers say they are owed their share of distribution revenue from licensing deals with 1091 but Chicken Soup for the Soul Entertainment has not come through with payments. Some have taken the company to court, including small-claims court, to press their cases.
Chicken Soup for the Soul Entertainment acknowledges that the company, which also owns Redbox and Crackle, has faced “cash flow issues,” as CEO Bill Rouhana told Variety. The company already disclosed that it was unable to file its third-quarter earnings information on time.
“The company has been working to address cash...
Filmmakers say they are owed their share of distribution revenue from licensing deals with 1091 but Chicken Soup for the Soul Entertainment has not come through with payments. Some have taken the company to court, including small-claims court, to press their cases.
Chicken Soup for the Soul Entertainment acknowledges that the company, which also owns Redbox and Crackle, has faced “cash flow issues,” as CEO Bill Rouhana told Variety. The company already disclosed that it was unable to file its third-quarter earnings information on time.
“The company has been working to address cash...
- 12/20/2023
- by Addie Morfoot
- Variety Film + TV
Chicken Soup for the Soul, the parent company of Crackle and other streaming platforms, has reached an agreement to acquire production-distribution outfit 1091 Pictures for $15.6 million.
The pact calls for Chicken Soup to acquire the New York-based company for $8 million in cash and the rest in stock. The deal brings to Chicken Soup a library of movies and TV series as well as its own streaming distribution platforms.
Chicken Soup plans to merge 1091 Pictures assets with its Screen Vision division to enhance both companies’ ability to provides on-demand distribution options for independent filmmakers.
“The 1091 Pictures team transformed their large content library into a scalable, modern distribution platform with a compelling slate of channels that are a pragmatic addition to our existing assets,” said David Fannon, president of Screen Media Ventures. “There are great synergies between our two companies. Over time, joining 1091 Pictures’ acquisition and distribution team with Screen Media’s team,...
The pact calls for Chicken Soup to acquire the New York-based company for $8 million in cash and the rest in stock. The deal brings to Chicken Soup a library of movies and TV series as well as its own streaming distribution platforms.
Chicken Soup plans to merge 1091 Pictures assets with its Screen Vision division to enhance both companies’ ability to provides on-demand distribution options for independent filmmakers.
“The 1091 Pictures team transformed their large content library into a scalable, modern distribution platform with a compelling slate of channels that are a pragmatic addition to our existing assets,” said David Fannon, president of Screen Media Ventures. “There are great synergies between our two companies. Over time, joining 1091 Pictures’ acquisition and distribution team with Screen Media’s team,...
- 3/2/2022
- by Cynthia Littleton
- Variety Film + TV
Indie film and series distributor 1091 Media, which recently renamed itself as Streamwise, hired another key exec for its forthcoming business-to-business analytics platform for content owners: Doug Shineman, an alum of Roku and The Orchard, who has joined the company as chief revenue officer.
As Cro at Streamwise, L.A.-based Shineman leads teams responsible for revenue generation, including all dealmaking, strategy and marketing for the business, while holding a dual role as chief revenue officer for 1091 Pictures.
The company was formed last year, after principals Danny Stein and Joe Samberg acquired the Orchard Film Group from Sony Music Entertainment and redubbed it 1091. Last month, it announced Streamwise (streamwisely.com) as its new name, with plans to launch a “platform for premium content owners designed to maximize audience, monetization, and intelligence in the streaming economy” in December 2019 for clients of 1091 Pictures. Streamwise’s chief technology officer is Simon Zhu, founder/CEO of BitMovio,...
As Cro at Streamwise, L.A.-based Shineman leads teams responsible for revenue generation, including all dealmaking, strategy and marketing for the business, while holding a dual role as chief revenue officer for 1091 Pictures.
The company was formed last year, after principals Danny Stein and Joe Samberg acquired the Orchard Film Group from Sony Music Entertainment and redubbed it 1091. Last month, it announced Streamwise (streamwisely.com) as its new name, with plans to launch a “platform for premium content owners designed to maximize audience, monetization, and intelligence in the streaming economy” in December 2019 for clients of 1091 Pictures. Streamwise’s chief technology officer is Simon Zhu, founder/CEO of BitMovio,...
- 8/12/2020
- by Todd Spangler
- Variety Film + TV
Exclusive: 1091 Media, which succeeded The Orchard in a 2019 rebrand, is going through another transformation, renaming its holding company as Streamwise.
The new name is an indication of the company’s new strategic direction toward streaming, but its film and TV distribution business isn’t going anywhere and will now operate under the 1091 Pictures banner. The company has also named Simon Zhu as its chief technology officer. Zhu was founder and CEO of blockchain-enabled entertainment tech company BitMovio, which 1091 recently acquired.
Zhu will oversee the ramp-up of a new Streamwise-branded platform that will be an engine for 1091 Pictures. Pressed for details about the offering, executives declined to offer much, though they confirmed that direct-to-consumer subscription streaming is not in the forecast. Instead, the focus will be on providing distributors, production companies and filmmakers with insights and consolidated financial information for their releases. A private beta of the platform is slated to begin in December,...
The new name is an indication of the company’s new strategic direction toward streaming, but its film and TV distribution business isn’t going anywhere and will now operate under the 1091 Pictures banner. The company has also named Simon Zhu as its chief technology officer. Zhu was founder and CEO of blockchain-enabled entertainment tech company BitMovio, which 1091 recently acquired.
Zhu will oversee the ramp-up of a new Streamwise-branded platform that will be an engine for 1091 Pictures. Pressed for details about the offering, executives declined to offer much, though they confirmed that direct-to-consumer subscription streaming is not in the forecast. Instead, the focus will be on providing distributors, production companies and filmmakers with insights and consolidated financial information for their releases. A private beta of the platform is slated to begin in December,...
- 7/21/2020
- by Dade Hayes
- Deadline Film + TV
1091 Media, the new owners of what had been known as The Orchard Film Group, told staff Friday that a new strategic direction at the company will include distributing fewer, more targeted movies each year and that some layoffs are in the offing.
Company COO and CFO Chad Blackwell and chief revenue officer Julie Dansker relayed the news to staff in a memo. The company had been reviewing all aspects of the business, with the assessment to right-size the company for efficiency and to promote growth.
The plan is to focus on distributing 4-6 highly curated films a year, the memo said. The reset will result in nine layoffs — two in New York and seven in Los Angeles — or about a quarter of the company’s current staff. Variety had the news first today.
“With our new leadership in place and our strategic vision set, we are focused on building...
Company COO and CFO Chad Blackwell and chief revenue officer Julie Dansker relayed the news to staff in a memo. The company had been reviewing all aspects of the business, with the assessment to right-size the company for efficiency and to promote growth.
The plan is to focus on distributing 4-6 highly curated films a year, the memo said. The reset will result in nine layoffs — two in New York and seven in Los Angeles — or about a quarter of the company’s current staff. Variety had the news first today.
“With our new leadership in place and our strategic vision set, we are focused on building...
- 5/3/2019
- by Patrick Hipes
- Deadline Film + TV
1091 Media laid off roughly 25% of its workforce on Friday, resulting in nine employees in the company’s marketing and distribution division, as well as other areas, losing their jobs.
In addition to the layoffs, COO and CFO Chad Blackwell and Chief Revenue Officer Julie Dansker also announced that the indie distributor will release fewer films going forward as part of a shift in its strategic vision.
“We have a new strategic vision, which focuses on four to six traditional theatrical releases a year, continuing to build on a strong, curated slate of ancillary/non-theatrical titles,” Blackwell and Dansker wrote in a staff memo. “This realignment of our priorities will more effectively service our filmmakers and the broader content creator community in the next chapter of our growth.”
Also Read: The Orchard's Film Group Acquired by 1091 Media Investment Group
The reductions and shift in focus come just a few months...
In addition to the layoffs, COO and CFO Chad Blackwell and Chief Revenue Officer Julie Dansker also announced that the indie distributor will release fewer films going forward as part of a shift in its strategic vision.
“We have a new strategic vision, which focuses on four to six traditional theatrical releases a year, continuing to build on a strong, curated slate of ancillary/non-theatrical titles,” Blackwell and Dansker wrote in a staff memo. “This realignment of our priorities will more effectively service our filmmakers and the broader content creator community in the next chapter of our growth.”
Also Read: The Orchard's Film Group Acquired by 1091 Media Investment Group
The reductions and shift in focus come just a few months...
- 5/3/2019
- by Trey Williams
- The Wrap
Indie studio 1091, formerly known as The Orchard, is laying off nine employees or roughly 25% of its staff as it moves in a new strategic direction that will see the company release fewer films. The cuts will be across the company and will include reduction in marketing, distribution, and other areas.
The layoffs come roughly three months after the company was sold by Sony Music to Daniel Stein and Joe Samberg, principals of 1091 Media. The two had been original investors in the Orchard. After 1091 took over the studio, they embarked on a review of the business operations and determined that they needed to adapt a new plan that will focus on distributing between four to six theatrical releases a year. Previously, the company had released as many as 15 films annually, and the new owners determined that it was better to take a more targeted approach, one that enabled them to...
The layoffs come roughly three months after the company was sold by Sony Music to Daniel Stein and Joe Samberg, principals of 1091 Media. The two had been original investors in the Orchard. After 1091 took over the studio, they embarked on a review of the business operations and determined that they needed to adapt a new plan that will focus on distributing between four to six theatrical releases a year. Previously, the company had released as many as 15 films annually, and the new owners determined that it was better to take a more targeted approach, one that enabled them to...
- 5/3/2019
- by Brent Lang
- Variety Film + TV
The Orchard Film Group is re-launching as 1091 after being acquired by investment group 1091 Media.
Daniel Stein and Joe Samberg, principals of 1091 Media, made the announcement on Wednesday. Stein will take an active role in the company as executive chairman of 1091.
The company has set a May 3 opening for Werner Herzog’s documentary “Meeting Gorbachev” and a May 24 release for the fashion documentary “Halston” as its first theatrical releases under the new banner. Both movies will be shown at the Tribeca Film Festival.
The new company’s leadership includes Chad Blackwell, chief operating officer and chief financial officer; Julie Dansker, chief revenue officer; Danielle Di Giacomo, senior VP of acquisitions and strategic partnerships; Adam Brostoff, senior VP of operations; Danny Grant, senior VP of film and strategic partnerships; and Natalie Mooallem, senior VP of client management.
The film business was acquired from global music distribution company the Orchard, which was...
Daniel Stein and Joe Samberg, principals of 1091 Media, made the announcement on Wednesday. Stein will take an active role in the company as executive chairman of 1091.
The company has set a May 3 opening for Werner Herzog’s documentary “Meeting Gorbachev” and a May 24 release for the fashion documentary “Halston” as its first theatrical releases under the new banner. Both movies will be shown at the Tribeca Film Festival.
The new company’s leadership includes Chad Blackwell, chief operating officer and chief financial officer; Julie Dansker, chief revenue officer; Danielle Di Giacomo, senior VP of acquisitions and strategic partnerships; Adam Brostoff, senior VP of operations; Danny Grant, senior VP of film and strategic partnerships; and Natalie Mooallem, senior VP of client management.
The film business was acquired from global music distribution company the Orchard, which was...
- 4/3/2019
- by Dave McNary
- Variety Film + TV
The Orchard Film Group has officially launched under its new name, 1091, after being acquired by investment group 1091 Media. Daniel Stein, a principal with 1091 Media alongside Joe Samberg, is taking on the role of Executive Chairman of 1091, Stein and Samberg announced Wednesday.
The company’s first releases under its new banner are “Meeting Gorbachev,” a documentary from Werner Herzog being released on May 3, and “Halston,” another documentary releasing on May 24. Both films will play at the Tribeca Film Festival.
In addition to Stein, the new company’s leadership includes Chad Blackwell, Chief Operating Officer and Chief Financial Officer; Julie Dansker, Chief Revenue Officer; Danielle Digiacomo, Senior Vice President, Acquisitions and Strategic Partnerships; Adam Brostoff, Senior Vice President, Operations; Danny Grant, Senior Vice President, Film and Strategic Partnerships; and Natalie Mooallem, Senior Vice President, Client Management.
Also Read: The Orchard Film, TV Evp Paul Davidson to Step Down
The film business...
The company’s first releases under its new banner are “Meeting Gorbachev,” a documentary from Werner Herzog being released on May 3, and “Halston,” another documentary releasing on May 24. Both films will play at the Tribeca Film Festival.
In addition to Stein, the new company’s leadership includes Chad Blackwell, Chief Operating Officer and Chief Financial Officer; Julie Dansker, Chief Revenue Officer; Danielle Digiacomo, Senior Vice President, Acquisitions and Strategic Partnerships; Adam Brostoff, Senior Vice President, Operations; Danny Grant, Senior Vice President, Film and Strategic Partnerships; and Natalie Mooallem, Senior Vice President, Client Management.
Also Read: The Orchard Film, TV Evp Paul Davidson to Step Down
The film business...
- 4/3/2019
- by Brian Welk
- The Wrap
New leadership team announced.
The Orchard film group has rebranded as 1091 after it was acquired by 1091 Media in January and has announced a new leadership team and set Tribeca Film Festival documentary selections Meeting Gorbachev and Halston as its first releases.
1091 Media principals Daniel Stein and Joe Samberg said the company will handle film and television and plans to invest in technology, new delivery options and business intelligence. Paul Davidson departed last week as head of film and television.
Stein will take an active role as executive chairman of 1091. The leadership team includes COO and CFO Chad Blackwell; chief...
The Orchard film group has rebranded as 1091 after it was acquired by 1091 Media in January and has announced a new leadership team and set Tribeca Film Festival documentary selections Meeting Gorbachev and Halston as its first releases.
1091 Media principals Daniel Stein and Joe Samberg said the company will handle film and television and plans to invest in technology, new delivery options and business intelligence. Paul Davidson departed last week as head of film and television.
Stein will take an active role as executive chairman of 1091. The leadership team includes COO and CFO Chad Blackwell; chief...
- 4/3/2019
- by Jeremy Kay
- ScreenDaily
The Orchard Film Group has relaunched as 1091, describing itself as “a new global commercial distribution platform company for independent film and television content creators.”
1091 Media is an investment group affiliated with the leadership team of the digital media holding company Dimensional Associates. In the announcement of the change, the company said it plans to invest in technology, new delivery options and business intelligence that will offer “superior levels of transparency” for clients.
Daniel Stein and Joe Samberg are principals. Stein will take an active role in the company as Executive Chairman of 1091. No financial terms were disclosed for the relaunch, which follows a transaction in January in which the Orchard Film Group was wholly acquired by 1091’s principals from The Orchard, a global music distribution company.
The rebranded company has set Werner Herzog’s documentary Meeting Gorbachev on May 3 and the fashion documentary Halston on May 24 as its...
1091 Media is an investment group affiliated with the leadership team of the digital media holding company Dimensional Associates. In the announcement of the change, the company said it plans to invest in technology, new delivery options and business intelligence that will offer “superior levels of transparency” for clients.
Daniel Stein and Joe Samberg are principals. Stein will take an active role in the company as Executive Chairman of 1091. No financial terms were disclosed for the relaunch, which follows a transaction in January in which the Orchard Film Group was wholly acquired by 1091’s principals from The Orchard, a global music distribution company.
The rebranded company has set Werner Herzog’s documentary Meeting Gorbachev on May 3 and the fashion documentary Halston on May 24 as its...
- 4/3/2019
- by Dade Hayes
- Deadline Film + TV
The Orchard Film Group was relaunched Wednesday as 1091, and with new and returning leadership after its sale to 1091 Media.
The newly-named company will become a global commercial distribution platform for indie film and TV content creators. The announcement was made today by Daniel Stein and Joe Samberg, principals of 1091 Media, an investment group tied to the digital media holding company Dimensional Associates.
Stein will become executive chairman of 1091, while Chad Blackwell serves as COO and CFO, and Julie Dansker becomes chief revenue officer, overseeing sales and marketing. "This is a homecoming in many ways for ...
The newly-named company will become a global commercial distribution platform for indie film and TV content creators. The announcement was made today by Daniel Stein and Joe Samberg, principals of 1091 Media, an investment group tied to the digital media holding company Dimensional Associates.
Stein will become executive chairman of 1091, while Chad Blackwell serves as COO and CFO, and Julie Dansker becomes chief revenue officer, overseeing sales and marketing. "This is a homecoming in many ways for ...
The Orchard Film Group was relaunched Wednesday as 1091, and with new and returning leadership after its sale to 1091 Media.
The newly-named company will become a global commercial distribution platform for indie film and TV content creators. The announcement was made today by Daniel Stein and Joe Samberg, principals of 1091 Media, an investment group tied to the digital media holding company Dimensional Associates.
Stein will become executive chairman of 1091, while Chad Blackwell serves as COO and CFO, and Julie Dansker becomes chief revenue officer, overseeing sales and marketing. "This is a homecoming in many ways for ...
The newly-named company will become a global commercial distribution platform for indie film and TV content creators. The announcement was made today by Daniel Stein and Joe Samberg, principals of 1091 Media, an investment group tied to the digital media holding company Dimensional Associates.
Stein will become executive chairman of 1091, while Chad Blackwell serves as COO and CFO, and Julie Dansker becomes chief revenue officer, overseeing sales and marketing. "This is a homecoming in many ways for ...
“Halston,” a look at the famous American fashion designer, has sold theatrical distribution and home entertainment rights to the studio formerly known as The Orchard Film Group. The deal comes following its premiere at the Sundance Film Festival on Saturday.
It’s the first major purchase for the indie label since it announced this week that it had a deal in place to be sold to 1091 Media, an investment group run by Danny Stein and Joe Samberg, who previously oversaw The Orchard’s push into releasing films. The Orchard is divesting from movies to concentrate on its core music business. The film group will be renamed.
“Halston,” an intimate look at a man who rose to the top of the world of haute couture with his minimalist aesthetic, was produced by CNN Films, which will retain all North American broadcast rights. It was directed by Frédéric Tcheng. The Orchard previously...
It’s the first major purchase for the indie label since it announced this week that it had a deal in place to be sold to 1091 Media, an investment group run by Danny Stein and Joe Samberg, who previously oversaw The Orchard’s push into releasing films. The Orchard is divesting from movies to concentrate on its core music business. The film group will be renamed.
“Halston,” an intimate look at a man who rose to the top of the world of haute couture with his minimalist aesthetic, was produced by CNN Films, which will retain all North American broadcast rights. It was directed by Frédéric Tcheng. The Orchard previously...
- 1/27/2019
- by Brent Lang and Ramin Setoodeh
- Variety Film + TV
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