Cos Cob, CT
Plex Selects Crackle Plus’ Ad Sales Team to Represent Their Brand in the U.S. Market
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 Crackle Plus has entered into an agreement with Plex, the popular streaming media platform for all your favorite free movies, TV, and entertainment, to represent Plex’s U.S. advertising inventory in the direct ad sales market. This relationship will allow the award-winning Crackle Plus ad sales team to market Plex to the biggest marketers and consumer brands in the U.S.
Plex and Crackle began working together in May 2020. This was followed by the launch of a Popcornflix VOD offering on Plex in November 2020, and the launch of the first linear channels from Crackle and Popcornflix in the U.S. in December 2020 and January 2021.
President of Crackle Plus, Philippe Guelton, said, “With this strategic advertising relationship we are extending our successful content and distribution agreements to represent the entire Plex content offering to the advertising community.”
Plex provides more types of content from one place than any other service, bringing free, on-demand movies and TV shows together with 160+ free-to-stream live TV channels, as well as users’ favorite podcasts, web shows, news, music, and more, all through one beautiful interface, from any device or platform. Today Plex offers on-demand entertainment channels with content from the world’s biggest publishing studios, including Metro Goldwyn Mayer (MGM), Warner Bros. Domestic Television Distribution, Lionsgate, and Legendary, as well as free-to-stream live TV channels from AMC, A+E, and more.
“Crackle Plus has been a valued partner in every part of our expansion into offering consumers great free-to-watch movies and TV shows,” said Shawn Eldridge, VP of strategic alliances at Plex. “Working with them for direct ad sales is a natural extension that will allow easier campaign planning for advertising partners.”
The unique relationship between Crackle Plus and Plex allows easier campaign planning through a single point of contact, resulting in more targeted advertising. Thanks to Plex’s robust content category management abilities, Crackle Plus can offer specific and brand-safe packages for their advertising partners. This arrangement furthers Crackle Plus’ mission in the ad sales world to bring confidence to the marketplace by using the power of direct inventory planning and purchasing to deliver the transparency the industry is looking for when purchasing ads via multiple layers of resellers.
CRACKLE PLUS, A CHICKEN SOUP FOR THE SOUL ENTERTAINMENT COMPANY
Crackle Plus owns and operates ad-supported VOD networks Crackle and Popcornflix and garners 50 million streams of its movies and TV shows per month, making it one of the largest AVOD streaming platforms in the U.S. Crackle Plus has over 80,000 hours of content available across all its networks, and premieres at least one original and one exclusive program each month, differentiating it from other AVODs. Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) owns Crackle Plus and 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.
Plex is a popular platform for streaming all your favorite media from one beautiful app. A highly-rated app on all major devices, Plex is the most comprehensive streaming platform available, seamlessly combining, organizing, and streaming movies, tv shows, news, web shows, podcasts, music, live and recorded television, and personal media collections. With a highly customizable interface and smart recommendations based on the media you enjoy, Plex brings its users the best media experience on the planet from any device, anywhere. For more information, please visit https://plex.tv, or follow @plex on Twitter or on Facebook at https://www.facebook.com/plexapp.
This 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 Company’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the nine-month period ended September 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.