Welcome to our dedicated page for Chicken Soup for the Soul Entertainment news (Ticker: CSSE), a resource for investors and traders seeking the latest updates and insights on Chicken Soup for the Soul Entertainment stock.
Chicken Soup for the Soul Entertainment, Inc. (CSSE) is dedicated to sharing stories that highlight the best of the human spirit through a variety of entertaining video formats. As a forward-thinking media company, CSSE focuses on expanding its content offerings and distribution to emerging platforms, aiming to inspire and uplift its audience.
The company is a prominent provider of premium content to value-conscious consumers. It stands as one of the largest ad-supported video-on-demand (AVOD) companies in the United States, operating three flagship services: Redbox, Crackle, and Chicken Soup for the Soul. Additionally, CSSE operates Redbox Free Live TV, a free ad-supported streaming television service (FAST) featuring nearly 180 channels, and offers a transaction video on demand (TVOD) service.
CSSE also boasts a robust physical presence with a network of approximately 29,000 kiosks across the US, providing DVD rental services. Committed to delivering original and exclusive content, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries.
In recent developments, CSSE continues to enhance its content library and distribution channels, ensuring a diverse range of uplifting, positive stories reach a broad audience. The company's financial health remains solid, supported by strategic partnerships and continuous innovation in content delivery.
Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) has announced that Crackle Connex, its sales platform, has joined Geopath, a not-for-profit that provides audience metrics for out-of-home (OOH) advertising. This collaboration will enable Crackle Connex to leverage Geopath data for improved audience targeting, measurement, and return on ad spend (ROAS) across over 2,700 video screens at Redbox kiosks nationwide. The expansion includes promotional messaging in high-traffic areas like grocery and discount stores, aiming for effective audience engagement. This membership is seen as a strategic move to enhance advertising success, as stated by both Philippe Guelton, CRO of Crackle Connex, and Dylan Mabin, President of Geopath.
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