Crackle Plus Launches Five New FAST Channels on the TCL Channel Free Streaming Platform
12 7월 2022 - 10:00PM
Crackle Plus, a Chicken Soup for the Soul Entertainment, Inc.
(Nasdaq: CSSE) company and one of the largest operators of
streaming advertising-supported video-on-demand (AVOD) streaming
services, announced today an agreement to launch five FAST channels
on the TCL Channel free streaming platform in the United States.
Crackle Plus FAST channels include Crackle, Crackle Classics, its
newly launched Chicken Soup for the Soul FAST channel,
action-fueled network Popcornflix and Truli, its faith and family
streaming service.
TCL’s viewers will gain access to the expansive
Crackle Plus library that entertains a global audience with
original and exclusive programming from Crackle, including the
series Taboo and the feature film The Mercy; Crackle Classics’ film
and TV series such as Laurel and Hardy and Little Rascals
libraries; adventure and action-packed shows from Popcornflix such
as the feature Godzilla: King of the Monsters (1956) and the
two-part limited series Jules Verne’s Mysterious Island; an
extensive collection of female-led shows from Chicken Soup for the
Soul including Smart Home Nation and Mothers and Daughters; and
family-friendly and faith-based content from Truli such as the
critically acclaimed Bible series The Chosen.
“We’re thrilled to bring our constantly evolving
library of content to TCL viewers since across all five of these
different services, there is sure to be something to satisfy
everyone,” said the president of Crackle Plus, Philippe Guelton.
“Enlarging our distribution with TCL also reflects our
determination to provide consumers with the best free entertainment
with the support of our advertising partners who will be exposed to
a completely fresh audience.”
“Crackle is a respected brand in the streaming
entertainment industry, and we are thrilled to be adding their five
channels to TCL’s robust lineup,” said Rebecca Wan of FFalcon. “TCL
is committed to the free streaming space, and we continue to
provide value to our audience by partnering with stellar brands
like Crackle to deliver our customers top-shelf free content.”
Crackle Plus’ recent releases include the popular sketch comedy
series Funny Girls, the hit college thriller series In the
Vault, the exclusive scripted series Les Norton, which stars
Alexander Bertram and Rebel Wilson, Inside the Black Box,
hosted by Joe Morton, and the award-winning BBC series Sherlock,
starring Benedict Cumberbatch and Martin Freeman. Crackle Plus also
recently announced season three of the award-winning series Going
From Broke.
ABOUT CHICKEN SOUP FOR THE SOUL
ENTERTAINMENTChicken Soup for the Soul Entertainment, Inc.
(Nasdaq: CSSE) (the “Company”) operates video-on-demand (VOD)
streaming services. The Company owns Crackle Plus, which owns and
operates a variety of ad- supported VOD streaming services
including Crackle, Chicken Soup for the Soul, Popcornflix,
Popcornflix Kids, Truli, Pivotshare, Españolflix and
FrightPix. The Company also acquires and distributes video content
through its Screen Media and 1091 Pictures subsidiaries and
produces original video content through the Chicken Soup for the
Soul Television Group. 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 STATEMENTSThis
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
the Company’s Quarterly Report on Form 10-Q for the quarter ended
March 31, 2022, filed with the SEC on May 11, 2022. On May 10,
2022, the Company entered into a merger agreement to acquire Redbox
Entertainment, Inc. We refer you to the presentation filed as
Exhibit 99.2 under cover of a Current Report on Form 8-K filed by
the Company with the SEC on May 22, 2022 for information regarding
the proposed business acquisition transaction. If the proposed
business acquisition is consummated, in addition to the risks noted
above, we also face the risks detailed in Redbox’s Annual Report on
Form 10-K for the year ended December 31, 2021. If any of
these risks materialize or our assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. These forward-looking statements 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.
INVESTOR RELATIONS Taylor
KrafchikEllipsiscsse@ellipsisir.com(646) 776-0886
MEDIA CONTACTKate BarretteRooneyPartners
LLCkbarrette@rooneypartners.com(212) 223-0561
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