Chicken Soup for the Soul Entertainment, Inc. Series A Cumulative Redeemable Perpetual Preferred Stock - CSSEP STOCK NEWS

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced a major deal with Millennium Media to finance and produce at least 15 films over three years. Screen Media will distribute a minimum of five films annually from Millennium Media. The first film, The Enforcer, featuring stars like Antonio Banderas, is set for a 2022 release. This partnership enhances Screen Media's position in independent film distribution, following successes like The Outpost and Till Death. The collaboration aims to leverage multiple distribution channels, driving viewership and revenue.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE, CSSEP, CSSEN) has announced the payment details for its regular dividend of $0.2031 per share on its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock. The dividends will be disbursed in cash on August 16, 2021, to shareholders on record by July 31, 2021. The company operates streaming video-on-demand networks and is a significant player in the advertising-supported media space.

Chicken Soup for the Soul Entertainment has acquired the international trademarks for Crackle from CPE Holdings (Sony Pictures), expanding its reach across more than 50 countries including Australia, Asia, Europe, and South America. This strategic move allows the company to offer its AVOD networks globally, joining its existing ownership of Popcornflix and Chicken Soup for the Soul trademarks. CEO William J. Rouhana Jr. stated that discussions are underway with international broadcasters to leverage this expansion.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced the acquisition of U.S. rights to the comedy Best Sellers by Screen Media. Starring Michael Caine and Aubrey Plaza, the film will release theatrically and on-demand in September 2021. Directed by Lina Roessler, it follows an ambitious editor and a bitter author on a book tour. The project secured funding from various partners, including Telefilm Canada, and features a strong supporting cast. This acquisition expands CSSE's content offerings, enhancing its portfolio in the competitive AVOD market.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has launched a Popcornflix FAST channel on Redbox’s Free Live TV, allowing viewers access to a large library of action and adventure films, including titles like The Girl With the Dragon Tattoo and Crackle originals.

Redbox aims to enhance viewer experience by offering a diverse range of content, with Popcornflix adding to its existing lineup. The Crackle Plus networks continue to expand across multiple platforms, promising to deliver fresh content monthly.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has launched three new streaming channels on VIZIO SmartCast: Crackle Spotlight, Crackle Classics, and Truli. This agreement adds over 10,000 titles from Crackle Plus's library, enhancing VIZIO's content offering. The partnership aims to deliver original programming and classic shows, expanding both Crackle's reach and advertising opportunities. This move aligns with Crackle Plus's ongoing expansion strategy to distribute content across multiple platforms, including Smart TVs and mobile devices, while increasing its audience and advertising revenue potential.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced new content for its streaming platform Crackle, featuring a mix of Hollywood blockbusters and original productions. The service is expanding its reach to 64 platforms, including major devices like Amazon FireTV and Roku. Notable releases include the exclusive film The Platform and original series Riding Phat. Celebrating summer, Crackle introduces themed channels such as Big Stars and Blockbuster Movies and Summer of Romance, set to enhance the viewer experience and engagement.

Chicken Soup for the Soul Entertainment, Inc. (CSSE) announced a public offering of 1,875,000 shares of common stock at $40.00 each, aiming to raise $75 million before expenses. The offering is expected to close on July 7, 2021, subject to normal conditions. Additionally, underwriters may purchase up to 281,250 shares within 30 days of the offering. The funds will be utilized for working capital and other corporate purposes. Guggenheim Securities and Needham & Company are leading the offering, which is registered under a previously filed SEC statement.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced plans for an underwritten public offering of its common stock. The offering will be conducted solely by the Company, with market conditions determining the size and terms. There is a provision granting underwriters a 30-day option to purchase an additional 15% of shares. Proceeds will be allocated for working capital and corporate purposes. Guggenheim Securities and Needham & Company are the joint book-running managers. The offering is under an effective shelf registration statement with the SEC.