Chicken Soup for the Soul Entertainment has announced that Redbox’s Transactional VoD service in the US had its largest revenue week in the company’s history. The Premium VoD and Premium Electronic Sell Through (PEST) debut of the animated hit The Super Mario Bros Movie surpassed the recent record PEST launch of Avatar: The Way of […]

Chicken Soup for the Soul Entertainment has announced that the company had the largest Transactional Video-on-Demand (TVoD) revenue week in the company’s history. The Redbox streaming platform hit record revenue in the US with the premium release of Avatar: The Way of Water and the premiere of Creed III. The simultaneous release of Plane at […]

Amazon has closed its $8.5 billion (€7.6bn) acquisition of film studio Metro-Goldwyn-Mayer (MGM) after Federal Trade Commission (FTC) passed the deal. European Union regulators signed off on the MGM deal after finding it posed no competition problems. In the US, the deadline for the FTV to challenge passed without the agency taking action. The FTC […]

Following earlier speculation, Amazon and MGM have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion (€6.91bn). MGM has nearly a century of filmmaking history and Amazon says it will help preserve MGM’s heritage and catalogue of films, and provide customers with greater access to […]