You will be redirected back to your article in seconds

Popcorn’s kernel of hope

The Popcorn Channel, the movie trailer and theater listings service that was poised to have its plug pulled Saturday, was given an 11th-hour reprieve thanks to a cash infusion from an unidentified Canadian investor, and remains on the air for its nearly 3 million cable subscribers.

According to sources, the channel will stay on the air through Dec. 31 and possibly beyond, though the timetable is uncertain. Only four full-time employees remain in place at the channel’s New York and Los Angeles offices from an original staff of more than 50.

Calls to the channel Wednesday seeking comment were not returned.

Since its start-up a year ago, Popcorn Channel has struggled with mismanagement and financial insolvency after being launched jointly by partners Torstar Corp., the New York Times and Salter Street Films Ltd.

More Scene

  • Jeremy Piven69th Primetime Emmy Awards, Arrivals,

    Jeremy Piven Hosts Benefit for Domestic Violence Survivors, Caitlyn Jenner Honored

    The Popcorn Channel, the movie trailer and theater listings service that was poised to have its plug pulled Saturday, was given an 11th-hour reprieve thanks to a cash infusion from an unidentified Canadian investor, and remains on the air for its nearly 3 million cable subscribers. According to sources, the channel will stay on the […]

  • Jeff Bridges'Bad Times at the El

    Jeff Bridges Approves of a 'Big Lebowski' Remake: 'If I Was in It'

    The Popcorn Channel, the movie trailer and theater listings service that was poised to have its plug pulled Saturday, was given an 11th-hour reprieve thanks to a cash infusion from an unidentified Canadian investor, and remains on the air for its nearly 3 million cable subscribers. According to sources, the channel will stay on the […]

  • 'Milk Bar' Founder Christina Tosi Previews

    Milk Bar Founder Christina Tosi on Opening in L.A. and Whether She'll Do a Cooking Show

    The Popcorn Channel, the movie trailer and theater listings service that was poised to have its plug pulled Saturday, was given an 11th-hour reprieve thanks to a cash infusion from an unidentified Canadian investor, and remains on the air for its nearly 3 million cable subscribers. According to sources, the channel will stay on the […]

  • Taraji P. HensonTaraji's Boutique of Hope

    Taraji P. Henson Opens Up About Seeking Mental Health Treatment

    The Popcorn Channel, the movie trailer and theater listings service that was poised to have its plug pulled Saturday, was given an 11th-hour reprieve thanks to a cash infusion from an unidentified Canadian investor, and remains on the air for its nearly 3 million cable subscribers. According to sources, the channel will stay on the […]

  • Channing Tatum on Taking Time Off,

    Channing Tatum Says He's Ready to Get Back to Work After Quiet Year

    The Popcorn Channel, the movie trailer and theater listings service that was poised to have its plug pulled Saturday, was given an 11th-hour reprieve thanks to a cash infusion from an unidentified Canadian investor, and remains on the air for its nearly 3 million cable subscribers. According to sources, the channel will stay on the […]

More From Our Brands

Access exclusive content