Chicken Soup for the Soul Entertainment to Acquire Redbox, Creating Premier Independent Entertainment Company
Combination creates leading independent, integrated direct-to-consumer media platformdelivering premium entertainment for value conscious consumers
Forms streaming industrys premier independent AVOD platforms
Management to host conference call and live webcast on May 11, 2022 at 8:30 am ET
COS COB, Conn., May 11, 2022 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of advertising-supported video-on-demand (AVOD) streaming services, and Redbox Entertainment Inc. (Nasdaq: RDBX), a leading entertainment company, have entered into a definitive agreement under which Chicken Soup for the Soul Entertainment will acquire Redbox.
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