![]() ![]() Such assumptions involve a number of known and unknown risks and uncertainties, including but not limited to risks relating to our core strategy, operating income and margin, seasonality, liquidity, including cash flows from operations, available funds, and access to financing sources, free cash flows, revenues, net income, profitability, stock price volatility, future regulatory changes, price changes, ability to achieve and sustain market acceptance of our content streaming services and other content offerings, ability to recruit and retain officers, key employees, or directors, ability to protect our intellectual property, ability to complete and integrate into our existing operations future strategic acquisitions, ability to manage growth, ability to pay dividends and our debt obligations, as well as evolving regulatory or other operational risks, and risks presented by changing general market conditions impacting demand for our services. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of management and are not predictions of actual performance. Forward-looking statements are statements that are not historical facts. This press release includes forward-looking statements within the meaning of the federal securities laws. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.įorward-Looking Statements and Available Information To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with nearly 180 FAST channels as well as a transaction video on demand (TVOD) service, and a network of approximately 31,000 kiosks across the US for DVD rentals. The company is one of the largest advertising-supported video-on-demand (AVOD) companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. ![]() “This is one of many major films coming to our kiosks, and we expect this positive momentum to continue as more consumers seek low-cost entertainment options.”Ībout Chicken Soup for the Soul EntertainmentĬhicken Soup for the Soul Entertainment (Nasdaq: CSSE) provides premium content to value-conscious consumers. Rouhana, Jr., chief executive officer of Chicken Soup for the Soul Entertainment. Movie, and it confirms our outlook that big movies this year will bring consumers back to our kiosks,” said William J. ![]() “We’re delighted with the performance of The Super Mario Bros. The Premium Video-on-Demand (PVOD) and Premium Electronic Sell-Through (PEST) debut surpassed the previous record PEST launch of Avatar: The Way of Water. Movie also recently broke week one Transactional Video-on-Demand (TVOD) revenue records on the company’s Redbox streaming service. The film set several new records, including becoming the top movie rental for 2023, the most rented movie in its first week since Top Gun: Maverick, and the most first-week rentals for a family film since The Croods: A New Age. ![]() (Nasdaq: CSSE), a leading provider of entertainment to cost-conscious consumers, today announced its Redbox kiosks saw a record week of rentals with the recent addition of the animated film The Super Mario Bros. COS COB, Conn.-( BUSINESS WIRE)-Chicken Soup for the Soul Entertainment Inc. ![]()
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