Company:The Screening Room

From HandWiki
FoundersSean Parker, Prem Akkaraju

The Screening Room is a proposed service that would stream movies to the home the same day its released in theaters.[1][2][3][4] It was co-founded by Sean Parker (the co-founder of Napster) and Prem Akkaraju who also served as CEO for the company.[5][6] The Screening Room shareholders include filmmakers Steven Spielberg, Ron Howard, J. J. Abrams, Martin Scorsese and Peter Jackson. [7][8]

In April 2020, The Screening Room announced it raised $27.5 million in equity and named Man Jit Singh as CEO. Man Jit Singh was the former President of Home Entertainment at Sony Pictures. Sean Parker and Prem Akkaraju remain on the board of directors and Prem Akkaraju has been elevated to Executive Chairman.[9][10] The Screening Room, now renamed SR Labs, has been issued thirteen US technology utility patents involving the company's proprietary software to delivery high quality and secure film content.[11]

References

  1. "Now playing in Hollywood: A battle over the future of movies". Washington Times. http://www.washingtontimes.com/news/2016/mar/17/now-playing-in-hollywood-a-battle-over-the-future-/. 
  2. Brooks Barnes (21 March 2016). "Hollywood Divided Over Movie Streaming Service". The New York Times. https://www.nytimes.com/2016/03/21/business/media/hollywood-divided-over-movie-streaming-service.html?_r=0. 
  3. A. O. SCOTT and MANOHLA DARGIS (29 April 2016). "In an Era of Streaming, Cinema Is Under Attack". The New York Times. https://www.nytimes.com/2016/05/01/movies/in-an-era-of-streaming-cinema-is-under-attack.html. 
  4. "Studios, Exhibitors Consider Revolutionary Plan for Day-and-Date Movies at Home". Variety. 9 March 2016. https://variety.com/2016/film/news/studios-exhibitors-consider-revolutionary-plan-for-day-and-date-movies-at-home-exclusive-1201725168/. 
  5. Daniel Miller (5 April 2016). "Will Napster co-founder Sean Parker's Screening Room disrupt the film industry?". LA Times. https://www.latimes.com/entertainment/envelope/cotown/la-et-ct-sean-parker-20160405-story.html. 
  6. "Billionaire Sean Parker has a new startup that wants you to pay $50 to stream movies still in theaters". Business Insider. http://www.businessinsider.com/sean-parker-streaming-rental-startup-the-screening-room-2016-3. 
  7. "Ron Howard & Brian Grazer Provide Screening Room Testimonial Du Jour". Deadline Hollywood. 14 March 2016. https://deadline.com/2016/03/ron-howard-brian-grazer-screening-room-reaction-sean-parker-1201720231/. 
  8. "Steven Spielberg, J. J. Abrams, Peter Jackson Backing Sean Parker's Bold Home Movie Plan". Variety. 11 March 2016. https://variety.com/2016/film/news/steven-spielberg-j-j-abrams-peter-jackson-sean-parker-screening-room-1201728374/. 
  9. Fleming, Mike. "As Pandemic Hobbles Exhibs & Studios, Screening Room Rechristened SR Labs With $ & Man Jit Singh New CEO". Deadline. https://deadline.com/2020/04/sr-labs-screening-room-sean-parker-prem-akkaraju-man-jit-singh-in-home-viewing-1202906730/. 
  10. Lang, Brent. "Screening Room Rechristened SR Labs, Gets New CEO and $27.5 Million in Equity Financing". Variety. https://variety.com/2020/film/news/screening-room-sr-labs-sean-parker-1234578402/. 
  11. "Patents Assigned to Screening Room Media, Inc.". https://patents.justia.com/assignee/screening-room-media-inc.