William J.Rouhana-Junior: Last News

EXCLUSIVE: BBC Studios and Chicken Soup for the Soul Entertainment-backed Screen Media have struck a multi-year deal for 2,500 hours of content including BBC dramas Ripper Street, Happy Valley and Silent Witness.

Tom Grater International Film ReporterChicken Soup for the Soul Entertainment’s subsidiary Screen Media Ventures is teaming with UK outfit Great Point Media on a film acquisition facility that the companies say will be initially funded to $10M.Great Point is providing 100% of the funds and Chicken Soup’s chief exec William J. Rouhana Jr said the deal would allow it to accelerate its content acquisitions activity, adding that it would continue to use a “capital efficient, lower-risk approach” to buying content.“This financing allows us to build on our momentum in delivering higher-profile movies and TV series at a significantly lower cost of capital,” added David Fannon, president of Screen Media.