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

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Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN) announced a monthly dividend of $0.2031 per share for its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on October 15, 2021 to holders of record by September 30, 2021. The payment will be made in cash, reflecting the company’s commitment to returning value to its shareholders. The company operates various streaming video-on-demand networks, including Crackle Plus, and distributes content through its Screen Media subsidiary.

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3.08%
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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced that the Emmy-nominated series Taboo will premiere exclusively on Crackle on September 15, 2021. This series, featuring Tom Hardy, is part of the company's strategy to integrate content from the acquired Sonar library, following the successful debut of The Temptations. Philippe Guelton, President of Crackle Plus, noted the impressive viewer engagement with Sonar content. The addition of Taboo enhances Crackle's offerings alongside other original titles and aims to expand its reach across various platforms.

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2.88%
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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) is set to participate in the D.A. Davidson 20th Annual Software and Internet Conference on September 9, 2021. CEO Bill Rouhana will engage in virtual one-on-one meetings and will be featured in a fireside chat at 11:30 AM ET. Investors can access a live webcast and replay of the chat on their investor relations website. The company, known for its AVOD networks, operates multiple platforms such as Crackle Plus and Popcornflix, producing a variety of content and acquiring video assets through its subsidiaries.

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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced the acquisition of the documentary Vince Carter: Legacy, set to premiere on Crackle Plus in October. This film features exclusive content about NBA star Vince Carter's final season and his impactful career, including interviews with other NBA legends. The partnership with the NBA Players Association provides meaningful storytelling beyond the court. Directed by Justin Polk, the documentary is expected to enhance Crackle's basketball-themed content lineup.

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0.87%
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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced new content for its streaming platform Crackle, including exclusive features and series. The company will roll out to 41 distribution platforms, expanding from 50 to over 64, including major devices like Amazon FireTV and RokuTV. Notable releases include 'The Machine' and 'The Jesus Rolls' debuting on September 1, followed by 'Taboo' on September 15. The new channels for September will highlight women's contributions in entertainment and adaptations from books to screen, further enhancing their diverse content offering.

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4.12%
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Chicken Soup for the Soul Entertainment Inc. (CSSE) announced the exclusive release of the comedy The Jesus Rolls on its Crackle platform starting September 1, 2021. Written and directed by John Turturro, the film features a star-studded cast including Bobby Cannavale and Jon Hamm. This spin-off of the Coen Brothers’ The Big Lebowski promises a cheeky comedy experience tailored to Crackle's audience. The venture is part of Crackle's strategy to enhance its content offering amidst increasing competition in the ad-supported video-on-demand sector.

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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has launched a major upgrade to its Crackle platform on Vizio, enhancing user experience with faster load times, better content organization, and more seamless playback. The improvements aim to help users discover films and shows more effectively. Recently, Crackle Plus also introduced three new linear channels on Vizio. The company, known for its ad-supported streaming services, is expanding its distribution network significantly.

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-4.72%
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Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) announced the acquisition of the award-winning sports documentary The Green Wave, set to premiere exclusively on Crackle Plus. Directed by Emmy winner Guido Verweyen, the film chronicles the inspiring comeback of the Summerville High School basketball team following the tragic loss of their coach, Louis Mulkey. This acquisition aligns with Screen Media's commitment to showcase true-to-life inspirational stories, enhancing its content offering in the streaming market.

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-0.49%
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Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) has announced the commencement of production for its original series, Inside the Black Box, set to debut in Q1 2022 on Crackle. The series, featuring actors Tracey Moore and Joe Morton, will highlight BIPOC artists discussing their success journeys in the entertainment industry. Produced in collaboration with APX Content Ventures, the show aims to redefine sponsorship and advertising in content creation. The strategic partnership underlines the commitment to diversity and community engagement.

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Rhea-AI Summary

Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN) announced a monthly dividend of $0.2031 per share on its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on September 15, 2021, to shareholders on record as of August 31, 2021. This reflects the company's ongoing commitment to shareholder returns, affirming its stability in the AVOD market with a variety of streaming services, including Crackle and Popcornflix.

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-3.01%
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FAQ

What is the current stock price of Chicken Soup for the Soul Entertainment Series A Cumulative Redeemable Perpetual Preferred Stock (CSSEP)?

The current stock price of Chicken Soup for the Soul Entertainment Series A Cumulative Redeemable Perpetual Preferred Stock (CSSEP) is $0.4748 as of April 16, 2024.

What is the market cap of Chicken Soup for the Soul Entertainment Series A Cumulative Redeemable Perpetual Preferred Stock (CSSEP)?

The market cap of Chicken Soup for the Soul Entertainment Series A Cumulative Redeemable Perpetual Preferred Stock (CSSEP) is approximately 1.7M.

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

Nasdaq:CSSEP

CSSEP Rankings

CSSEP Stock Data

1.72M
6.00M
16.21%
Entertainment
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