Chicken Soup for the Soul Entertainment Moves Fourth Quarter and Full Year Earnings for Fiscal 2022 and Analyst and Investor Conference Call to Pre-market Opening on Friday, March 31, 2023
March 30 2023 - 04:16PM
Business Wire
Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) –
one of the largest providers of premium content to value-conscious
consumers, today announced that it has rescheduled announcing its
financial results for the full year and fourth quarter ended
December 31, 2022, to pre-market opening on Friday, March 31,
2023.
The Company’s senior management will hold its analyst and
investor conference call to discuss its fiscal 2022 full year and
fourth quarter results at 8:45 AM ET/ 5:45 AM PT on Friday, March
31. Interested participants may register in advance by visiting the
following registration link to access a dial-in number. Please note
that a dial-in option is unavailable without registering at the
provided link.
A live webcast of the event will also be available here, as well
as in the “Event Calendar” section under the “News & Events”
tab of the Company’s Investor Relations website at
https://ir.cssentertainment.com. A replay of the webcast will be
available on the same website following the conclusion of the
event.
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 160 channels as well as a
transaction video on demand (TVOD) service, and a network of
approximately 34,000 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.
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 to Item 1A (Risk
Factors) in the Company’s Quarterly Report on Form 10-Q for the
three- and nine-month period ended September 30, 2022, filed with
the SEC on November 14, 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,
August 12, 2022, and November 14, 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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(INVESTOR RELATIONS) Zaia Lawandow Chicken Soup for the Soul
Entertainment zlawandow@chickensoupforthesoul.com
(PRESS) Peter Binazeski Chicken Soup for the Soul Entertainment
pbinazeski@chickensoupforthesoul.com
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