Chicken Soup for the Soul Entertainment Moves Fourth Quarter and Full Year Earnings for Fiscal 2022 and Analyst and Investor Conference Call to Pre-market Opening on Friday, March 31, 2023

Rhea-AI Summary

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has rescheduled its financial results announcement for the full year and fourth quarter ending December 31, 2022, to March 31, 2023, before market opening. A conference call with senior management will be held at 8:45 AM ET on the same day. Participants can register in advance to join via dial-in, with a live webcast available as well. The company, recognized as a leader in providing premium content, operates several AVOD services including Redbox and Crackle, and emphasizes its commitment to delivering original content.

Positive

• Rescheduled financial results announcement may provide clarity on company performance.
• Company operates a diversified content strategy with multiple AVOD platforms, enhancing its market reach.
• Engagement with investors through the scheduled conference call reflects commitment to transparency.

Negative

• Rescheduling of financial results may indicate unforeseen delays or issues in reporting.
• No specific financial metrics or guidance provided, leaving investors without concrete data.

COS COB, Conn.--(BUSINESS WIRE)-- Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) – one of the largest providers of premium content to value-conscious consumers, today announced that it has rescheduled announcing its financial results for the full year and fourth quarter ended December 31, 2022, to pre-market opening on Friday, March 31, 2023.

The Company’s senior management will hold its analyst and investor conference call to discuss its fiscal 2022 full year and fourth quarter results at 8:45 AM ET/ 5:45 AM PT on Friday, March 31. Interested participants may register in advance by visiting the following registration link to access a dial-in number. Please note that a dial-in option is unavailable without registering at the provided link.

A live webcast of the event will also be available here, as well as in the “Event Calendar” section under the “News & Events” tab of the Company’s Investor Relations website at https://ir.cssentertainment.com. A replay of the webcast will be available on the same website following the conclusion of the event.

About Chicken Soup for the Soul Entertainment

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) provides premium content to value-conscious consumers. The company is one of the largest advertising-supported video-on-demand (AVOD) companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with over 160 channels as well as a transaction video on demand (TVOD) service, and a network of approximately 34,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous books series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are statements that are not historical facts. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of management and are not predictions of actual performance. Such assumptions involve a number of known and unknown risks and uncertainties, including but not limited to our core strategy, operating income and margin, seasonality, liquidity, including cash flows from operations, available funds, and access to financing sources, free cash flows, revenues, net income, profitability, stock price volatility, future regulatory changes, price changes, the ability of the Company’s content offerings to achieve market acceptance, the Company’s success in retaining or recruiting officers, key employees, or directors, the ability to protect intellectual property, the ability to complete strategic acquisitions, the ability to manage growth and integrate acquired operations, the ability to pay dividends, regulatory or operational risks, and general market conditions impacting demand for the Company’s services. For a more complete description of these and other risks and uncertainties, please refer to Item 1A (Risk Factors) in the Company’s Quarterly Report on Form 10-Q for the three- and nine-month period ended September 30, 2022, filed with the SEC on November 14, 2022. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements contained in this press release. Information regarding the acquisition of Redbox and related transactions is qualified by reference to the Company’s Current Reports on Form 8-K filed with the SEC on May 11, 2022 (as amended May 12, 2022), June 6, 2022, August 12, 2022, and November 14, 2022, and all exhibits filed with respect to such reports and the aforementioned registration statement. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230330005779/en/

(INVESTOR RELATIONS)

Zaia Lawandow

Chicken Soup for the Soul Entertainment

zlawandow@chickensoupforthesoul.com

(PRESS)

Peter Binazeski

Chicken Soup for the Soul Entertainment

pbinazeski@chickensoupforthesoul.com

Source: Chicken Soup for the Soul Entertainment Inc.

FAQ

When will Chicken Soup for the Soul Entertainment announce its financial results for Q4 2022?

The financial results will be announced on March 31, 2023, before the market opens.

What time is the conference call for Chicken Soup for the Soul Entertainment's financial results?

The conference call is scheduled for 8:45 AM ET on March 31, 2023.

Where can I register for the conference call of Chicken Soup for the Soul Entertainment?

Participants can register in advance through the provided registration link in the press release.

How can I access the webcast for Chicken Soup for the Soul Entertainment's financial results?

The webcast will be available on the company's Investor Relations website following registration.

What services does Chicken Soup for the Soul Entertainment provide?

The company offers multiple AVOD streaming services including Redbox, Crackle, and Chicken Soup for the Soul.