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 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.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) will announce its financial results for the full year and fourth quarter ending December 31, 2022, after the market close on Thursday, March 30, 2023. A conference call for analysts and investors is scheduled for 4:30 PM ET on the same day. Participants can register via a provided link to access the call. The company is a leading provider of advertising-supported video-on-demand, operating services like Redbox and Crackle, and boasts over 160 channels through Redbox Free Live TV. Investors should note various risks and uncertainties highlighted in forward-looking statements.
Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) and FOX SOUL have launched season two of the interactive show Inside the Black Box, premiering tonight at 8:00 PM ET. The series, hosted by Joe Morton and Tracey Moore, showcases discussions with Black artists about their experiences in Hollywood. This season includes notable guests like Debbie Allen and Jeffrey Wright. The show aims to foster open dialogue about race in the entertainment industry. Inside the Black Box is available for free streaming on FOX SOUL and Chicken Soup for the Soul platforms, reaching nearly 160 devices.
Allen Media Group has partnered with Chicken Soup for the Soul Entertainment (CSSE) to add three FAST channels to Redbox Live TV. The channels include The Weather Channel en Español, Pattrn, and theGrio Television Network. This agreement allows viewers to access these channels for free via the Redbox streaming app, which is compatible with various smart devices. The Weather Channel en Español is the first 24/7 Spanish-language weather news network in the U.S., while Pattrn focuses on environmental news, and theGrio amplifies African American culture. This move expands Redbox's content offerings, supporting diverse and informative programming.
Chicken Soup for the Soul Entertainment (CSSE) announced plans to capitalize on a strong theatrical slate with over 40 major film titles expected this year. The company aims to enhance its Redbox offerings, leveraging its 34,000 kiosks and a customer loyalty program with more than 40 million members. Following the recent release of films like Ant-Man and the Wasp: Quantumania, CSSE anticipates a significant number of high-profile releases weekly throughout the year. This strategy is aimed at boosting cash flow and supporting debt repayment and expansion efforts.
Screen Media, a subsidiary of Chicken Soup for the Soul Entertainment (NASDAQ: CSSE), has acquired North American rights to the crime thriller Bad Hombres, directed by John Stalberg Jr. The film features a strong ensemble cast, including Luke Hemsworth and Tyrese Gibson, and follows two immigrants caught in a dangerous situation. Set to premiere at the Mammoth Film Festival, Bad Hombres will have a theatrical release later this year, followed by digital distribution. Screen Media's recent acquisitions continue to strengthen its position as a key player in the independent film industry, expanding its diverse library of content.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced the premiere of the fourth season of its original series Going From Broke, featuring brand integrations with Chegg, Lyft, Getaround, and Pandemic of Love. Executive produced by Ashton Kutcher, the series aims to address financial challenges faced by Americans amid the ongoing consumer debt crisis. This season includes guests like Dan Rosensweig of Chegg and focuses on issues such as debt management and job insecurity. The entertaining series is available for streaming on various platforms, including Roku and Amazon Fire TV.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has partnered with KC Global Media to enhance its international reach in free ad-supported streaming television (FAST) and ad-supported video-on-demand (AVOD) services. This collaboration aims to expand availability in Asia with a variety of curated content, including popular titles featuring celebrities like Lionel Messi and Adele. The companies plan to launch new FAST channels and license AVOD rights in 2023, reflecting a strategic focus on global content monetization. With services like Crackle and Redbox, Chicken Soup is positioned as one of the largest AVOD providers in the U.S., distributing content across numerous platforms.
Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) has announced the premiere of three new original series celebrating Black History Month, now available for streaming on Redbox and Crackle. The series include HBCU Homecomings: The Journey to the Yard, The HBCU Honors Award Show, and Miami’s Richmond Heights: The Black Shangri-La. Produced by Hip Rock Star and in partnership with Publicis Media’s APX Content Ventures, these productions aim to elevate diverse voices. The initiatives are supported by American Family Insurance and highlight significant contributions from Historically Black Colleges and Universities.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has acquired North American rights to the thriller Maggie Moore(s), directed by John Slattery and featuring stars Jon Hamm and Tina Fey. This film, which blends true crime elements and dark humor, centers on the investigation of two murders in a small town. Screen Media plans to release it theatrically in June 2023, followed by a digital release. The acquisition is part of Screen Media's strategy to enhance its diverse content offerings and reinforce its position as a key player in independent film distribution.
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