Add-on Acquisition • Digital Media

Chicken Soup Acquires 1091 Pictures

On March 2, 2022, Chicken Soup acquired digital media company 1091 Pictures for 16M USD

Acquisition Context
  • This is Chicken Soup’s 1st transaction in the Digital Media sector.
  • This is Chicken Soup’s largest (disclosed) transaction.
  • This is Chicken Soup’s 4th transaction in the United States.
  • This is Chicken Soup’s 3rd transaction in New York.

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M&A Deal Summary

Date March 2, 2022
Target 1091 Pictures
Sector Digital Media
Buyer(s) Chicken Soup
Deal Type Add-on Acquisition
Deal Value 16M USD
Advisor(s) Salem Partners (Financial)

Target Company

1091 Pictures

Rye, New York, United States
1091 Pictures offer film and series owners full-service distribution to 100+ destinations in 100+ countries with marketing support and a dashboard with distribution insights. 1091 Pictures is based in Rye, New York.
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Buyer Overview 1

Buyer

Chicken Soup

Cos Cob, Connecticut, United States

Category Company
Founded 2014
Sector Media
Revenue 294M USD (2023)
DESCRIPTION

Chicken Soup operates video-on-demand networks delivering content for all types of screens. Chicken Soup was formed in 2014 and is based in Cos Cob, Connecticut.


Deal Context for Buyer #
Overall 4 of 5
Sector: Digital Media 1 of 1
Type: Add-on Acquisition 3 of 4
State: New York 3 of 3
Country: United States 4 of 5
Year: 2022 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-24 Halcyon Studios

Los Angeles, California, United States

Halcyon Studios is a producer and distributor of television series, miniseries and movies. The Company's goal is to focus on quality content that connects and resonates with audiences around the world, in all formats, in a variety of genres, on all distribution platforms. Halcyon Studios was founded in 1979 and is based in Los Angeles, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-11 Redbox

Oakbrook Terrace, Illinois, United States

Redbox is an entertainment company that gives consumers access to a large variety of content across digital and physical media. The company operates a rapidly growing digital streaming service that provides both ad-supported (AVOD) and paid movies from Hollywood studios and hundreds of content partners, as well as over 130 channels of free ad-supported streaming television (FAST). Redbox is based in Oakbrook Terrace, Illinois.

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