Chaos Theory appointed licensee for Filmbankmedia

Source: www.pexels.com

The deal allows Chaos Theory to manage and distribute the film licenses of a number of studios including Disney, Warner Bros, Marvel, Sony and DreamWorks throughout sub-Saharan Africa.

“Filmbankmedia handles the non-theatrical distribution (for public screenings outside of traditional cinema and home viewing) for many of the leading Hollywood, Bollywood and independent studios with distributors in over 100 countries internationally. We’re thrilled to be confirmed as their preferred licensee for Southern Africa,” explains Andrew Ross, MD at Chaos Theory.

To screen any movie outside the home environment is, under copyright law, regarded as ‘public viewing’ and requires permission from the copyright owner.

“Until now there have been several challenges for businesses in hospitality, corporates and private individuals when wanting to legally screen blockbusters for private and public events due to a lack of information about the correct channels to follow, and complex red tape,” he says.

“For example, in the past obtaining a local screening license from Filmbankmedia has meant costly and complex foreign currency transactions and factoring in fluctuating exchange rates. In addition, the processes and regulations surrounding these private and public screenings are largely unregulated, unknown and perceived as confusing.

Unlocking the power of cinema

These are just some of the areas we’re going to tackle to make it easier for businesses and individuals to screen the latest movies and unlock the power of cinema as an entertainment medium.”

Chaos Theory has worked with major movie studios and with cinema chain Ster-Kinekor for years, and through crafting bespoke screening events and premiers, realised first-hand the true power of film as an entertainment medium for corporates, schools, hotels, venues and the public at large.

“In addition, we are excited to bring to market innovative Filmbankmedia products such as virtual screening rooms that allow us to legally licence online movie screenings for schools and corporates, as well as Hollywood approved distribution systems to legally allow screenings to occur anywhere around the continent,” says Ross.

“From Drive-In’s to immersive themed cinema experiences our teams have delivered the emotive power of cinema content to corporates for years, so this is the logical next step, and we are thrilled with the trust Filmbankmedia has placed in us to grow the Sub-Saharan market.”