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chicken soup for the soul

Chicken Soup for the Soul Revenue Rises After Redbox Buy, Even As Profits Remain Elusive

Chicken Soup for the Soul Entertainment said it had its best financial quarter in history after taking over RedBox. The company completed its $375 million acquisition of RedBox in August 2022, allowing Chicken Soup to move further into the free ad-supported streaming video space and retain the use of its kiosks as well as its […]

Epix Veteran Phil Oppenheim Named Chief Content Officer at Chicken Soup for the Soul Entertainment

Chicken Soup for the Soul Entertainment, which owns Crackle, RedBox and a suite of free ad-supported streaming services, has hired Phil Oppenheim to be the company’s chief content officer. Oppenheim will be responsible for all content strategy across the company’s streaming and physical media brands, and will report to Chicken Soup for the Soul Entertainment […]

Crackle Owner Chicken Soup for the Soul Closes $375M Deal for Redbox

Crackle streaming service owner Chicken Soup for the Soul Entertainment has completed its acquisiton of DVD-focused entertainment firm Redbox to expand its footprint in free ad-supported streaming video. The deal, which will give Chicken Soup stockholders a 76.5 percent ownership of the combined company and Redbox stockholders the remaining 23.5 percent, is the result of […]

Crackle Owner Chicken Soup for the Soul Entertainment to Acquire Redbox

DVD-focused entertainment firm Redbox is set to get new ownership. The company, best known for its red kiosks which rent out DVDs of films and TV series, has agreed to be acquired by Chicken Soup for the Soul Entertainment, which owns the Crackle streaming service, among other properties (including, yes, the Chicken Soup for the […]

Chicken Soup for the Soul Buys 1091 Pictures for $15.6M

Chicken Soup for the Soul Entertainment has unveiled a deal to acquire the assets of film studio 1091 Media as part of a $15.6 million cash and stock deal. The deal, subject to closing conditions, offers 1091 Pictures $8 million in cash, $2 million in newly issued preferred NASDAQ shares valued at $25 each, and […]