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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) is launching the Crackle app on Cox Communications’ Contour TV set-top boxes and Contour Stream Player, enhancing access to its extensive library of films, classic TV series, and original programming. Crackle's content, available to all Cox TV customers, aims to offer engaging entertainment through a monthly fresh content update. The company plans to expand its AVOD networks on up to 64 platforms, including major streaming services and hotel chains, increasing its distribution footprint significantly.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced a partnership with FreeCast to launch several linear channels, including Crackle Spotlight, Crackle Classics, Popcornflix, and Truli. The collaboration will offer ad-supported content through FreeCast’s SelectTV service, enhancing audience access to Crackle's library of films and original programming.
The integration promotes Crackle’s extensive catalog, catering to diverse viewer preferences and expanding its reach across various platforms, including smart TVs and mobile devices.
Chicken Soup for the Soul Entertainment Inc. (CSSE) announced a partnership to launch a Crackle-branded app on TCL devices, enhancing access to its extensive library of films and TV shows. The app will feature popular titles and original programming, broadening Crackle's reach to TCL's audience. Crackle Plus, which operates various ad-supported and subscription-based VOD networks, holds AVOD rights to over 11,000 films and 22,000 episodes. This collaboration aims to boost advertiser engagement and expand the viewer base.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE, CSSEP, CSSEN) announced its monthly dividend payment of $0.2031 per share for its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on July 15, 2021. Shareholders of record as of June 30, 2021 will receive the cash dividend. The company operates various advertising-supported video-on-demand networks, highlighting its commitment to providing returns to shareholders while focusing on expanding its streaming portfolio.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has acquired North American rights to the upcoming thriller GOLD, directed by Anthony Hayes and featuring Zac Efron. The film, which explores themes of greed, was acquired after a competitive bidding process at AFM. It will be released theatrically in 2022 and later on streaming service Stan as a 'Stan Original Film'. The acquisition highlights Screen Media's commitment to indie films and enhances its portfolio, which includes titles like Till Death and Willy's Wonderland.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced the acquisition of North American rights for the heist thriller Naked Singularity, featuring stars John Boyega and Olivia Cooke. The film, directed by Chase Palmer, is based on a PEN Prize-winning novel and won the Best Narrative Film award at the San Francisco Film Festival. Screen Media, a subsidiary of Chicken Soup, plans an August 2021 theatrical release. The acquisition is seen as a strategic move to enhance the company's film portfolio and leverage its distribution capabilities.
Chicken Soup for the Soul Entertainment (CSSE) announced that the second season of their series Going From Broke has surpassed season one viewership by over 25%. The series, which aired its first episode on May 20, 2021, received over 1 million total views, with 600,000 views for the first episode alone. This season addresses financial struggles faced by over 44 million Americans in debt, featuring notable guests like Ashton Kutcher and Brian Chesky. The innovative weekly episode release format appears to resonate well with audiences, highlighting a growing demand for financial content.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced exciting new content for its Crackle platform for June, including season 2 of Going From Broke, featuring financial empowerment for students. Upcoming originals include PROMISELAND, premiering June 3, capturing NBA rookie Ja Morant’s challenges during a tumultuous year. New exclusives like One Last Thing (June 1) and C.O.G (June 1) are also highlighted, along with themed channels like Old School Action Heroes and Summer of Romance.
Chicken Soup for the Soul Entertainment (CSSE) has finalized its acquisition of Sonar Entertainment, enhancing its AVOD network strategy. This acquisition adds 372 television series comprising 1,825 episodes and over 700 films to its library. The company aims to expand its content development, increase profit margins, and accelerate the launch of its Chicken Soup for the Soul branded network. The deal included a $20 million secured credit facility to support the purchase. New studio Halcyon will spearhead content creation.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced that CEO Bill Rouhana will attend the J.P. Morgan 49th Annual Global Technology, Media and Communications Virtual Conference on May 26, 2021. Rouhana will hold virtual one-on-one and small group meetings throughout the day, and will participate in a fireside chat at 5:55 p.m. Eastern Time. A live webcast and replay of the chat will be accessible via the company's investor relations website.
Chicken Soup for the Soul Entertainment operates various streaming VOD networks, including Crackle Plus and Popcornflix, and produces original content through its subsidiaries.
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