Through an expanded deal with VIZIO, consumers
will be able to easily access tens of thousands of movies and TV
shows through the Crackle and Redbox streaming apps at the touch of
a button
Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one
of the largest providers of premium content to value-conscious
consumers, today announced an expanded deal with VIZIO that brings
the Redbox and Crackle free streaming apps to VIZIO remote
controls. In the second half of 2023, consumers who purchase new
VIZIO TVs will have immediate access to the Redbox and Crackle
ad-supported video-on-demand (AVOD) services through dedicated
buttons. The Redbox and Crackle apps give VIZIO users access to a
wide range of content, from ad-supported video-on-demand (AVOD)
titles and over 150 free live TV (FAST) channels to the latest
movies and TV series available for purchase or rental. Both
services continue to scale their content offerings and offer tens
of thousands of titles to stream.
“We’re excited to expand our footprint with VIZIO and allow
customers instant access to our vast libraries across Redbox and
Crackle,” said Adam Mosam, chief digital officer of Chicken Soup
for the Soul Entertainment. “This comes at an optimal time as we
grow our AVOD and FAST offering in the coming year.”
“As one of the first to launch the Chicken Soup for the Soul
app, and Crackle FAST channels in our free streaming service,
WatchFree+, we are pleased to offer new VIZIO customers direct
access to the Crackle and Redbox streaming services from the VIZIO
remote,” said Seta Goldstein, director of content & technology
partnerships at VIZIO. “Our expanded relationship with Chicken Soup
for the Soul Entertainment makes it easy for VIZIO users to
discover Crackle and Redbox programming – at the touch of a
button.”
Crackle’s recent releases include the nuptials celebration
series Wedding Talk, the second season of Crackle Original The
Wall, the pet-centric lifestyle series Pet Caves, the award-winning
BBC series Sherlock, starring Benedict Cumberbatch and Martin
Freeman as well as season three of the award-winning series Going
From Broke.
The Crackle and Redbox streaming services are currently
distributed through over 140 touchpoints in the US on platforms
including Amazon Fire TV, RokuTV, Apple TV, Smart TVs (Samsung, LG,
VIZIO), gaming consoles (PS4 and Xbox One), Plex, iOS, and Android
mobile devices and on desktops at Crackle.com and Redbox.com with
plans to expand to over 160 touch points this year.
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 over 150 channels as well as a
transaction video on demand (TVOD) service, and a network of
approximately 36,000 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 books series and
produces super-premium pet food under the Chicken Soup for the Soul
brand name.
ABOUT VIZIO
Founded and headquartered in Orange County, California, our
mission at VIZIO Holding Corp. (NYSE: VZIO) is to deliver immersive
entertainment and compelling lifestyle enhancements that make our
products the center of the connected home. We are driving the
future of televisions through our integrated platform of
cutting-edge Smart TVs and powerful operating system. We also offer
a portfolio of innovative sound bars that deliver consumers an
elevated audio experience. Our platform gives content providers
more ways to distribute their content and advertisers more tools to
connect with the right audience.
For more information, visit VIZIO.com and follow VIZIO on
Facebook, Twitter, and Instagram.
FORWARD-LOOKING STATEMENTS
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 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,
the ability of the Company’s content offerings to achieve market
acceptance, the Company’s success in retaining or recruiting
officers, key employees, or directors, the ability to protect
intellectual property, the ability to complete strategic
acquisitions, the ability to manage growth and integrate acquired
operations, the ability to pay dividends, regulatory or operational
risks, and general market conditions impacting demand for the
Company’s services. For a more complete description of these and
other risks and uncertainties, please refer the Company’s Annual
Report on Form 10-K for the year ended December 31, 2021, filed
with the SEC on March 31, 2022, and, with respect to the Company’s
recent acquisition of Redbox Entertainment, Inc. (“Redbox”), the
Company’s Registration Statement on Form S-4 declared effective by
the SEC on July 15, 2022. 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,
and August 12, 2022, and all exhibits filed with respect to such
reports and the aforementioned registration statement. 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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version on businesswire.com: https://www.businesswire.com/news/home/20221114005458/en/
(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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