Chicken Soup for the Soul Entertainment Announces New Programming License Deals for Crackle Plus
September 14 2020 - 9:15AM
Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE),
one of the largest operators of streaming advertising-supported
video-on-demand (AVOD) networks, today announced new programming
license deals for Crackle Plus.
The new license deals cover over 1,000 hours of
content from companies including Gravitas Ventures, Distribution
Solutions, Insight TV, BGP Releasing, Asian Media Rights, MPI, and
Binge Networks.
The 1,000 hours of content includes movies, TV
series, and documentaries with must-see programs like The Bill
Murray Stories: Life Lessons Learned from a Mythical Man from
Gravitas Ventures, a documentary series highlighting Americans’
spontaneous and unexpected encounters with actor Bill Murray that
has a 95% on the Rotten Tomatoes Tomatometer; and National
Lampoon’s Snatched from Distribution Solutions, the comedy film
starring Andrew McCarthy and Ernest Borgnine.
The above titles, alongside existing library
titles, bring total Crackle Plus content to approximately 79,000
hours. This includes original and exclusive programming such as The
Sonata, Blue Iguana, Corporate Animals, Crown Vic, The Clearing, On
Point, Going From Broke, ’85: The Greatest Team in Football
History, Road to Race Day and Cleanin’ Up the Town.
“Crackle Plus continues to add fresh, fun, and
exciting content to our networks as we execute on our focus of
offering programming that audiences want, and is always free to
watch,” said Philippe Guelton, president of Crackle Plus.
Crackle Plus obtained the right to exhibit new
content from various license deals through sister company Screen
Media.
Crackle is available in the U.S. on 26 devices
and services including Amazon FireTV, RokuTV, Apple TV, Smart TVs
(Samsung, LG, Vizio), gaming consoles (PS4 and XBoxOne), on iOS and
Android mobile devices and on desktops at Crackle.com. Crackle is
also available in approximately 500,000 hotel rooms in the Marriott
Bonvoy chain.
ABOUT CHICKEN SOUP FOR THE SOUL
ENTERTAINMENTChicken Soup for the Soul Entertainment, Inc.
(Nasdaq: CSSE) operates streaming video-on-demand networks (VOD).
The company owns a majority stake in Crackle Plus, a company formed
with Sony Pictures Television, which owns and operates a variety of
ad-supported and subscription-based VOD networks including Crackle,
Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and
FrightPix. The company also acquires and distributes video content
through its Screen Media subsidiary and produces original long
and short-form content through Landmark Studio Group, its
Chicken Soup for the Soul Originals division and APlus.com.
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.
ABOUT CRACKLE PLUSCrackle Plus is a
video-on-demand (VOD) joint venture formed by Sony Pictures
Television and Chicken Soup for the Soul Entertainment, Inc.
(Nasdaq: CSSE). The company’s consumer facing ad-supported VOD
(AVOD) channels include Crackle (U.S. and Canada), Popcornflix,
Popcornflix Kids, Truli, Popcornflix Comedy, Frightpix, and
Espanolflix. It also owns subscription video-on-demand (SVOD)
platform Pivotshare. Crackle Plus reaches over 40 million monthly
visitors making it one of the largest AVOD streaming platforms in
the U.S. Its content library includes over 79,000 hours of
programming.
ABOUT SCREEN MEDIA VENTURES, LLCScreen Media
Ventures, LLC, a Chicken Soup for the Soul Entertainment (Nasdaq:
CSSE) company, acquires the rights to high quality, independent
television series and feature films for the U.S. and Canada. Screen
Media Ventures acquires worldwide rights for distribution through
theatrical, home video, pay-per-view, free, cable and pay
television, video-on-demand, and new digital media platforms. The
company acquires AVOD rights for third party networks and is the
main supplier of content for Crackle Plus and other Chicken Soup
for the Soul Entertainment properties. With a library of over 1,500
television series and motion pictures, Screen Media Ventures is one
of the largest independent suppliers of high-quality TV series and
motion pictures to U.S. and international broadcast markets, cable
networks, home video outlets and new media venues. For more
information, visit: www.screenmedia.net.
FORWARD-LOOKING STATEMENTSThis
press release includes forward-looking statements that involve
risks and uncertainties. Forward-looking statements are statements
that are not historical facts. Such forward-looking statements are
subject to risks (including those set forth in the Annual Report on
Form 10-K, filed with the Securities and Exchange Commission on
March 30, 2020) and uncertainties which could cause actual results
to differ from the forward-looking statements. The company
expressly disclaims any obligations 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.
Investors should realize that if our underlying assumptions for the
projections contained herein prove inaccurate or that known or
unknown risks or uncertainties materialize, actual results could
vary materially from our expectations and projections.
INVESTOR RELATIONS Taylor
KrafchikEllipsiscsse@ellipsisir.com(646) 776-0886
MEDIA CONTACT Kate Barrette RooneyPartners LLC
kbarrette@rooneyco.com (212) 223-0561
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