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 the formation of Halcyon Television during the 2021 NewFronts. This premium scripted television studio, led by CEO David Ellender, will enhance the company’s strategy in advertising-supported video-on-demand (AVOD) networks. Following the acquisition of a 1,300-title library from Sonar Entertainment, Halcyon Television aims to expand original content and international production capabilities. The studio is set to develop over 20 projects, fostering partnerships in the U.S. and Europe, aligning with the company's goal of delivering uplifting entertainment.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced exciting new content releases for Crackle in May 2021. Highlights include the premiere of Going From Broke (Season 2) on May 20, focusing on financial empowerment for young adults. The platform will also introduce new exclusives such as Bel Canto and films like War and The Legend of Hercules on May 1. Crackle’s offerings will be accessible through various devices and platforms, including hotel rooms in the Marriott Bonvoy chain.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) will host a conference call on May 13, 2021, at 4:30 p.m. ET, to discuss its Q1 2021 results. Participants can join by calling (833) 832-5128 (toll-free) or (484) 747-6583 (international). The conference ID is 9352518. A live webcast will be available at ir.cssentertainment.com. The call will also have a replay option at (855) 859-2056 (toll-free) and (404) 537-3406 (international) with the same reference ID.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced a partnership with TransUnion (NYSE: TRU) on April 29, 2021. This collaboration will enhance Crackle Plus' advertising capabilities by leveraging TransUnion's identity and audience solutions. The partnership aims to improve ad relevance and audience insights, facilitating effective brand exposure while ensuring consumer data privacy. Crackle Plus will access extensive audience segments and automation tools, further enhancing its advertising offerings.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE, CSSEP, CSSEN) has announced a regular monthly cash dividend of $0.2031 per share for its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock. This dividend will be payable on May 17, 2021, to shareholders on record as of April 30, 2021. The company operates various streaming video-on-demand networks and is a subsidiary of Chicken Soup for the Soul, LLC, known for its popular book series and pet food brand.

Chicken Soup for the Soul Entertainment has launched the Crackle app on Comcast’s Xfinity X1 and Flex, expanding access to its extensive library of ad-supported movies and TV series. This partnership allows millions of Xfinity customers to enjoy Crackle's original and exclusive content, including titles like Playing With Power: The Nintendo Story and Insomnia. Crackle can be accessed on 29 platforms, including major smart TVs and mobile devices, with new content added monthly, strengthening its market position as an AVOD leader.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced the acquisition of North American rights to the film The Birthday Cake, directed by Jimmy Giannopoulos. The film, featuring stars like Ewan McGregor and Val Kilmer, is set to release in theaters and on-demand in June 2021. The story follows Gio, the son of a murdered mobster, who uncovers truths about his family's violent past during a celebratory evening. This acquisition aligns with Chicken Soup's strategy to enhance its content library and strengthen its position in the streaming market.

Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced the acquisition of Sonar Entertainment, aiming to enhance its advertising-supported video-on-demand (AVOD) network. This deal includes 372 TV series and over 700 films, significantly boosting the company’s content library. The acquisition is expected to be immediately accretive financially, with projected revenue exceeding $15 million and EBITDA of approximately $10 million in the first year. The agreement is structured to ensure costs are recouped through successful licensing, with an anticipated close within 30 days.

Screen Media, a subsidiary of Chicken Soup for the Soul Entertainment (Nasdaq: CSSE), has released the trailer for the documentary STREET GANG: HOW WE GOT TO SESAME STREET, set to premiere in theaters on April 23, 2021 and on-demand on May 7, 2021. Directed by Marilyn Agrelo, this documentary highlights the origins of the iconic children's program, featuring interviews with original cast and crew, and behind-the-scenes footage. It explores the show's impact on education and equality, inspired by the activism of the 1960s.