Chicken Soup for the Soul Entertainment (CSSE) announced new content releases for Crackle in September 2020, including several original series and exclusive titles. Among the highlights are the sci-fi series Spides launching on September 17, and dark comedies Corporate Animals and Metro Sexual premiering on September 1. New channels will also debut, such as Emmy Winners and Crime Time, enhancing the platform's offerings. Crackle remains accessible across 26 devices and is featured in approximately 500,000 hotel rooms, indicating a strong distribution network.
Chicken Soup for the Soul Entertainment's Screen Media announced a partnership with Fathom Events for the exclusive cinema premiere of Roger Michell's BLACKBIRD on September 14-15, 2020, ahead of its VOD release on September 18. The film features stars such as Susan Sarandon and Kate Winslet, telling the poignant story of a family gathering as a mother with ALS prepares for her final days. The premiere will include a special introduction from the director and behind-the-scenes footage, showcasing the film's heartfelt themes of love and hope.
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) announced new programming license deals and distribution expansion on Xumo, enhancing its Crackle Plus service. The deals include rights to acclaimed shows like Metro Sexual and Shameless UK, contributing to a total of approximately 79,000 hours of content on Crackle Plus. This expansion comes alongside a new distribution agreement with Xumo for Crackle and Popcornflix networks, broadening accessibility across 26 devices and services. The company aims to meet viewer demand with fresh content.
Chicken Soup for the Soul Entertainment (NASDAQ: CSSE, CSSEP) announced its monthly dividend of $0.2031 per share for its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on September 15, 2020. Investors holding shares as of August 31, 2020 will receive this cash dividend. This payment underscores the company's commitment to returning value to shareholders while it continues to expand its portfolio of video-on-demand networks.
On August 12, 2020, Chicken Soup for the Soul Entertainment (CSSE) announced new programming license agreements and distribution expansion for its Crackle Plus network on Philo. The company acquired 20 hours of content from Millennium Media, 30 hours from Whistle Sports, and 49 hours from Signature Entertainment, boosting Crackle Plus's library to approximately 77,000 hours. Additionally, Crackle signed a distribution deal with Philo, enhancing its reach across over 25 devices, including Roku and Apple TV. This expansion is expected to solidify Crackle's position in the AVOD space.