Popcornflix Acquisition Of Screen Media Ventures LLC Most Wanted

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Popcornflix Acquisition Of Screen Media Ventures LLC Most Wanted popcornflix Popcornflix Operates Popcornflix one of the largest direct to consumer advertiser supported online video platform Distributes television series and films worldwide Over million app downloads in over countries million active users annually million ad requests with sell out rate per annum popcornflix Direct to Consumer Online Video Service Comprised of Five places a value on the Popcornflix direct to consumer online video service and associated content rights and the Screen Media TV and film library assets of approximately million Screen Media is comprisedof an extraordinary collection of assets said William J Rouhana Jr chairman and chief executive officer Global Mizuho Investor Conference December Popcornflix channels an advertiser based online video network with rights to exhibit over films and television series with episodes APlus com a positive journalism digital publisher network sharing written and video stories online Subscription based video service to Acquisition of Screen Media Ventures LLC Popcornflix Operates Popcornflix one of the largest direct to consumer advertiser supported online video platform Distributes television series and films worldwide Over million app downloads in over countries million active users annually million ad requests with sell out rate per annum Highlights Opportunities with Acquisition of Screen Media Media are valued at approximately million with the Popcornflix direct to consumer online video service and associated content rights and the Screen Media TV and film library assets As a result of this valuation the Company recognized a nonrecurring gain on bargain purchase of million recorded in the fourth quarter of

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