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.
Overview
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) is a dynamic media company that excels in the creation and distribution of uplifting, inspiring content. With a commitment to delivering high-quality, advertising-supported video on demand (AVOD) and free ad-supported streaming television (FAST) services, the company has established a robust platform for showcasing original films, TV series, and exclusive video stories that highlight hope, comfort, and the best of the human spirit. Using industry-specific methods and digital streaming strategies, CSSE serves value-conscious consumers across a variety of platforms.
Core Business Areas
At its core, Chicken Soup for the Soul Entertainment operates in several key segments:
- Ad-Supported Streaming Services: The company manages flagship AVOD platforms such as Crackle, Redbox, and its namesake streaming service, providing viewers with premium content without a subscription fee.
- Free Ad-Supported Streaming Television (FAST): Through offerings like Redbox Free Live TV, the firm delivers a broad range of curated live content, catering to a wide audience on diverse devices.
- Transactional Video On Demand (TVOD) and DVD/Blu-ray Rental Kiosks: Expanding beyond digital, the company also operates traditional rental services that continue to serve a dedicated segment of viewers.
- Original and Exclusive Content Production: Through its subsidiaries, including Screen Media and Chicken Soup for the Soul TV Group, CSSE produces and distributes original films and TV series, ensuring a steady pipeline of engaging, uplifting content.
Content and Distribution Strategy
The company focuses on curating and creating video stories that carry a message of hope and inspiration. It invests in content that resonates emotionally with audiences, ranging from inspiring documentaries to reality-based series that exemplify the human spirit. By expanding its content offerings and distribution capabilities, CSSE is able to adapt to emerging digital platforms and meet the evolving demands of the modern viewer. Its strategic partnerships, including collaborations for reality series that explore influencer culture and brand storytelling, illustrate the company’s ability to innovate while staying true to its uplifting mission.
Industry Position and Competitive Landscape
Operating in the competitive realm of digital media and streaming entertainment, Chicken Soup for the Soul Entertainment distinguishes itself through its niche focus on inspirational and positive content. Unlike other media companies that predominantly focus on prime-time drama or high-budget productions, CSSE leverages a unique value proposition centered on the human spirit and authentic storytelling. This specialized focus, combined with robust advertising-driven revenue models, positions the company as a key player that bridges traditional media and next-generation streaming. In a market characterized by rapid digital evolution, the company’s diversified distribution channels and commitment to quality content underscore its enduring relevance.
Business Model and Revenue Generation
The firm’s revenue model is anchored in its advertising-supported platforms. By offering free access to a wide range of content while capitalizing on ad revenue streams, the company creates a sustainable ecosystem that appeals to both viewers and advertisers. The incorporation of TVOD services and physical rental kiosks further diversifies its revenue sources, allowing CSSE to maintain resilience in the dynamic entertainment market. Quality content production and strategic content acquisition ensure that the offerings remain competitive and engaging, helping to drive viewership across all platforms.
Commitment to Quality and Viewer Experience
Chicken Soup for the Soul Entertainment’s mission to bring out the best in the human spirit is reflected not only in its programming but also in its commitment to a premium viewer experience. The company’s dedication to quality is evident in its content curation, production values, and multi-platform distribution strategy. Every piece of content is crafted to inspire and uplift, ensuring that audiences receive enriching, positive experiences across every viewing session.
Conclusion
In summary, Chicken Soup for the Soul Entertainment is a multifaceted media company that leverages its expertise in AVOD and digital streaming to deliver inspiring original content. Its strategic approach to content production, combined with diverse distribution channels, positions it firmly within the competitive digital media landscape. By consistently focusing on stories that resonate with audiences and reinforcing the message of hope and positivity, the company has built a reputable and enduring brand that continues to capture the attention of viewers across a broad spectrum of media consumption channels.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) will release its financial results for the second quarter ended June 30, 2022, after market close on August 11, 2022. A live webcast will be held at 4:30 p.m. ET the same day to discuss these results. Participants must register in advance for the dial-in option. The company operates several streaming services including Crackle and Popcornflix, and is involved in content acquisition and production through subsidiaries like Screen Media.
For further insights, visit their investor relations website.
Crackle Plus, a subsidiary of Chicken Soup for the Soul Entertainment (Nasdaq: CSSE), announced that season two of the suspense series In the Vault will premiere on August 18, 2022. The first season has garnered over 3.4 million views in just 30 days, making it the most-watched new show on the platform. New mysteries and twists await viewers at Woodlawn College, heightening engagement with the series. The Crackle streaming service is accessible through 85 platforms in the U.S. and has plans for an expansion.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE, CSSEP, CSSEN) has declared a monthly dividend of $0.2031 per share, payable on August 15, 2022 to shareholders on record as of July 31, 2022. This dividend relates to its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock. The company operates various advertising-supported video-on-demand services and continues to expand its content offerings through subsidiaries such as Crackle Plus and Screen Media.
Crackle Plus, a subsidiary of Chicken Soup for the Soul Entertainment (Nasdaq: CSSE), announced new content for August, including original series and exclusive films. The platform is accessible through 85 U.S. distribution points, expanding to over 110. Highlights include the second season of In The Vault and documentaries like Life in 10 Pictures - Elizabeth Taylor. Additionally, Crackle will feature new BBC series, expanded channels like Totally 80’s and Dynamic Duos, and various upcoming movie releases, enhancing its free streaming offerings.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced the launch of Crackle and Popcornflix FAST channels on FuboTV, expanding its content library for viewers in the U.S. This partnership allows access to popular titles including In the Vault and classic films like Godzilla: King of the Monsters. Crackle Plus continues to grow its distribution network, currently available on 85 platforms, with plans to expand to over 110. This initiative is expected to boost audience engagement and attract new advertising partnerships.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced a partnership with TCL to launch five FAST channels on TCL's free streaming platform. The channels include Crackle, Crackle Classics, Chicken Soup for the Soul, Popcornflix, and Truli, enhancing TCL’s content library with thousands of movies and shows. Users will gain access to original programming and classic series, catering to diverse viewing preferences. This expansion aims to increase audience reach while providing advertisers exposure to a broader audience.
Crackle Plus, part of Chicken Soup for the Soul Entertainment (Nasdaq: CSSE), announces that its new series In the Vault has achieved over 3.4 million views since its June 1 premiere, making it highly popular on the platform. Season two is set to launch by year-end, featuring new cast members and continuing the suspenseful storyline. The service is available on 85 platforms across the U.S., with plans for expansion to over 110. Crackle Plus continues to grow its content offerings with new original series and renewed existing popular shows.
On July 6, 2022, Crackle Plus, part of Chicken Soup for the Soul Entertainment (Nasdaq: CSSE), announced the renewal of its partnership with iSpot.tv for 2023. This continued collaboration aims to enhance advertisers' measurement capabilities across Crackle Plus’ streaming services. iSpot.tv will utilize its Unified Measurement solution to provide insights on campaign reach, frequency, and support for programmatic direct campaigns. Crackle Plus continues to expand its content offerings and distribution platforms, currently available on 85 touch points and planning to expand to over 110.
Chicken Soup for the Soul Entertainment has successfully increased its Crackle Plus streaming services distribution to 85 touchpoints, surpassing its internal goals. The company now aims for over 110 touchpoints this year, expanding availability across platforms including Crackle, Popcornflix, and Chicken Soup for the Soul. This growth is boosted by the acquisition of 1091 Pictures. CEO Philippe Guelton emphasized the strategy to enhance content accessibility and drive viewer engagement, stating new agreements with Fubo, Samsung, and Roku contribute to this expansion.
Crackle Plus, a subsidiary of Chicken Soup for the Soul Entertainment (Nasdaq: CSSE), has announced exciting content launches for July 2022. The streaming service, known for its free ad-supported video-on-demand (AVOD) offerings, will introduce new titles including Funny Girls, the original series premiering July 1, and Life in 10 Pictures focusing on Tupac Shakur. Additionally, Crackle will expand its library with acclaimed BBC series like Sherlock, and introduce themed channels such as Don’t Go in The Water.
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