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Benzinga

Shivani Kumaresan

Ballantyne Strong Launches Strong Studios For Feature Films And Series Production

Strong Studios BTN Chicken Soup for Soul CSSE New York NYSE Screen Media

Ballantyne Strong Inc (NYSE:BTN) has launched Strong Studios, which will operate as part of the Company's Strong Entertainment division.
The company has also appointed David Ozer as President of Strong Studios.
David was formerly CEO of Landmark Studio Group, a division of Chicken Soup for Soul Entertainment Inc (NASDAQ:CSSE).
Strong Studios, based in New York, will develop and produce original feature films and television series and will acquire third-party rights to content for global multiplatform distribution.
Screen Media, a subsidiary of Chicken Soup for the Soul, has acquired the distribution rights to original feature films and television series developed by Strong Studios.
Price Action: BTN shares closed lower by 1.37% at $2.88 on the last check Monday.

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