NEW YORK, N.Y.
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 the agreement to launch five FAST channels on Local Now, Allen Media Group’s fast-growing, free streaming platform for local news and entertainment in America. Crackle Plus FAST channels include Crackle, Crackle Classics, its newly launched Chicken Soup for the Soul streaming service, action-fueled network Popcornflix and Truli, its faith and family streaming service.
Local Now’s audience will gain access to the expansive Crackle Plus library that uplifts, entertains, and inspires audiences 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 20,000 Leagues Under the Sea 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 vast library of content to Local Now viewers, which between our five streaming services, will offer something for everyone,” said president of Crackle Plus, Philippe Guelton. “Expanding our distribution with Local Now also reflects our commitment to providing consumers with high quality, entertaining content for free with the support of advertisers who can now reach a brand new audience.”
“Crackle is a household name in family entertainment, and we are thrilled to partner and add their five channels to Local Now’s stellar lineup,” said Byron Allen, founder, chairman, and chief executive officer of Allen Media Group – the parent company of Local Now. “Local Now is strongly committed to the free streaming space, and we continue to grow our platform by working with amazing brands like Crackle to deliver our viewers high-quality free content.”
The Crackle Plus streaming services are currently distributed through 70 touchpoints in the U.S. on platforms including Amazon FireTV, 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, with previously announced plans to expand to over 90 touchpoints. Crackle is also available in approximately 500,000 hotel rooms in the Marriott Bonvoy chain.
Crackle Plus’ recent releases include the exclusive scripted series Les Norton, which stars Alexander Bertram and Rebel Wilson, Tia Mowery’s Comfort Kitchen, the suspense thriller Blast, Inside the Black Box, hosted by Joe Morton and the award-winning BBC series Sherlock, starring Benedict Cumberbatch and Martin Freeman. They also recently announced season three of the award-winning series Going From Broke.
Local Now offers morethan 450 free streaming channels, including a Local Now channel in every DMA in the country, as well as more than 14,000 movies, TV shows, and documentaries. The Local Now app is Local Now offers more than 450 free streaming channels, including a Local Now channel in every DMA in the country, as well as more than 14,000 movies, TV shows, and documentaries. The Local Now app is available on Roku, Apple TV, Amazon Fire TV, Android TV, Xfinity, Vizio, Samsung, Android and iOS devices.
ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT
Chicken 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.
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 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.