Redbox Customer Loyalty Members Name Indiana Jones and the Dial of Destiny as the Most Anticipated Movie Of 2023
June 15 2023 - 9:00AM
Business Wire
Mission: Impossible – Dead Reckoning Part One
and Aquaman and The Lost Kingdom are also top titles
These and many other highly anticipated movies
will be available in Redbox kiosks and digitally through Redbox’s
streaming app in the coming months
Redbox, a Chicken Soup for the Soul Entertainment Inc. (Nasdaq:
CSSE) company, today announced its customer loyalty members have
named Indiana Jones and the Dial of Destiny as the most anticipated
movie of 2023. Mission: Impossible – Dead Reckoning Part One came
in a close second, followed by Aquaman and The Lost Kingdom. The
results come from a survey of a segment of Redbox’s over 42 million
customer loyalty program members.
Redbox kiosks continue to be a destination for millions of
consumers seeking the fastest access to the latest entertainment at
the most affordable price. The company has seen more consumers
renting as new movies have returned to its Transactional
Video-on-Demand (TVOD) platform. The Redbox TVOD service recently
had its all-time largest revenue weekend for The Super Mario Bros.
Movie – which also came to Redbox kiosks this week.
“We continue to see increases in the number of people renting
through our Redbox TVOD service due to the number of new release
movies,” said William J. Rouhana, Jr., chief executive officer of
Chicken Soup for the Soul Entertainment. “Based on the results of
the last several weeks, and in particular, the debut of The Super
Mario Bros. Movie, we expect positive momentum at the kiosks as
more new movies become available.”
The most anticipated movies of 2023 based on a survey of Redbox
customer loyalty members are:
- Indiana Jones and the Dial of Destiny
- Mission: Impossible – Dead Reckoning Part One
- Aquaman and the Lost Kingdom
- Transformers: Rise of the Beasts
- Spider-Man: Across the Spider-Verse
- The Marvels
- The Hunger Games: The Ballad of Songbirds and Snakes
- Dune: Part Two
- The Flash
- Expend4bles
About Chicken Soup for the Soul Entertainment
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) provides
premium content to value-conscious consumers. 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. 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. 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.
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.
Forward-Looking Statements and Available Information
This press release includes forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements are statements that are not historical facts. 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. 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. For a more complete
description of these and other risks and uncertainties, please
refer to Item 1A (Risk Factors) in the Company’s Annual Report on
Form 10-K for the year ended December 31, 2022 filed with the SEC
on March 31, 2023. If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by the forward-looking statements
contained in this press release. Information regarding the
acquisition of Redbox and related transactions is qualified by
reference to the Company’s Current Reports on Form 8-K filed with
the SEC on May 11, 2022 as amended May 12, 2022, June 6, 2022,
August 12, 2022, November 14, 2022 and thereafter from time to
time, and all exhibits filed with respect to such reports. The
forward-looking statements contained in this press release speak
only as of the date hereof and the Company expressly disclaims any
obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in the Company’s expectations with respect
thereto or any change in events, conditions or circumstances on
which any statement is based.
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(PRESS) Peter Binazeski Chicken Soup for the Soul Entertainment
pbinazeski@chickensoupforthesoul.com
(INVESTOR RELATIONS) Zaia Lawandow Chicken Soup for the Soul
Entertainment zlawandow@chickensoupforthesoul.com
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