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Crackle Plus networks are now available at 70 distribution touchpoints with plans to succeed in a total of more than 90 touchpoints this year.
Eclipse 40 million monthly active users by the end of 2021
COS COB, Conn. , March 31, 2022 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest video-on-demand operators funded through ad-streaming (“AVOD”) Networks, today announced that it has increased the distribution of its Crackle Plus AVOD streaming to 70 touchpoints, ahead of the home front. As a result, the company is now expanding its planned distribution to one hundred touchpoints, with the goal of achieving 90 by 2022.
Crackle Plus streaming facilities, which add Crackle, Popcornflix and the recently introduced Chicken Soup for the Soul, are available on a variety of platforms and facilities such as linear and VOD offerings. Crackle Plus transmission facilities are loose and offer a wide variety. of highly successful videos and television series, as well as original and exclusive programming. Crackle Plus’ distribution expansion is a key component of the company’s broader strategy to attract more audience to its broadcast facilities.
“Our purpose is to make our loose film and television content available to all audiences on all available platforms, adding streaming devices, game consoles, connected TVs and FAST networks,” said Philippe Guelton, president of Crackle Plus. We continue to load new distribution touchpoints, leveraging our newly enhanced generation platform and expanding new linear channel and AVOD offerings, continuing to make it less difficult for consumers to locate and access the content they are looking for. In doing so, they are capturing an expanding audience of consumers exclusive to our advertising partners through our portfolio of streaming service networks. Since our expansion in December, we have uploaded offers or introduced new FAST apps or with FireTV, Xumo, LG, LocalNow, Plex and Vizio and have recently averaged over 40 million active users per month on Crackle Plus since the end of 2021. “
ABOUT CHICKEN SOUP FOR SOUL ENTERTAINMENT
Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) (the “Company”) operates video-on-demand (VOD) broadcast networks. supported VOD networks, adding Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its subsidiaries Screen Media and 1091 Pictures and produces original video content through Chicken Soup for the Soul Television Group. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the popular e-book series and produces premium puppy food under the Chicken Soup for the Soul brand.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the federal securities laws. Prospective markets are markets that are not old facts. These statements are based on various assumptions, whether or not disclosed in this press release, and management’s existing expectations and are not predictions of actual performance. These assumptions involve a number of known and unknown dangers and uncertainties, including, but not limited to, our number one strategy, our operating profit and margin, seasonality, liquidity, operating money additions, available budget and access to investment sources, cash flow, income, net income, profit abilities, inventory value volatility, long-term regulatory overrides, value overrides, the ability of the Company’s content offerings to gain acceptance in the market, the Company’s good fortune in retaining or recruiting officers, key workers or directors, the ability to protect intellectual property, the ability to make strategic acquisitions, the ability to manage expansion and integrate acquired businesses, the ability to pay dividends, regulatory or operational risks and market situations that affect the demand for the securities. Company services. For a more complete description of those and other dangers and uncertainties, see the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the SEC on March 31, 2021. Array and for more information related to our recent acquisition of the Sonar Library and similar assets, please see our existing reports on Form 8-K, as amended, filed with the SEC on May 27, 2021 and July 1, 2021. If any of those hazards materialize, or if our assumptions prove incorrect, the actual effects may differ materially from the effects implied by those forward-looking statements. These forward-looking emails speak only as of the date hereof and the Company expressly disclaims any liability or obligation to publish any updates or revisions to the forward-looking emails contained herein to reflect any replacement in the Company’s expectations. in that sense or any substitution in the facts, situations or cases on which it is based.
INVESTOR RELATIONS Taylor KrafchikEllipsisCSSE@ellipsisir. com 646-776-0886
MEDIA CONTACTKate BarretteRooneyPartners LLCkbarrette@rooneyco. com(212) 223-0561