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Screening Room Rechristened SR Labs, Gets New CEO and $27.5 Million in Equity Financing

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variety.com

By Brent Lang Executive Editor of Film and Media The Screening Room, the technology company that threatened to upend theatrical distribution by offering new releases in the home, has been rechristened SR Labs.

It also appointed a new CEO — former Sony Pictures Home Entertainment president Man Jit Singh. Prem Akkaraju, who founded the company with Sean Parker, will assume the role of executive chairman of the company. “Man Jit brings a wealth of studio experience, industry relationships, and knowledge of content licensing to the company,” said Akkaraju. “SR Labs has built a suite of innovative technology solutions to service the rapidly-changing film industry.” In addition, SR Labs announced that it has raised $27.5 million in equity

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