Chicken Soup for the Soul Entertainment Announces Timing of Regular Monthly Dividend for December for Series A Cumulative Redeemable Perpetual Preferred Stock
20 Novembre 2023 - 10:00PM
Business Wire
Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE,
CSSEP, CSSEL, CSSEN), one of the largest providers of premium
content to value-conscious consumers, today announced the timing
for the payment of its declared regular monthly dividend of $0.2031
per share of its 9.75% Series A Cumulative Redeemable Perpetual
Preferred Stock for December 2023. The dividend will be payable on
or around December 15, 2023 to holders of record as of November 30,
2023. The dividend will be paid in cash.
About Chicken Soup for the Soul Entertainment
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) provides
premium content to value-conscious consumers. The company is one of
the largest advertising-supported video-on-demand (AVOD) companies
in the US, with three flagship AVOD streaming services: Redbox,
Crackle, and Chicken Soup for the Soul. In addition, the company
operates Redbox Free Live TV, a free ad-supported streaming
television service (FAST), with nearly 180 FAST channels as well as
a transaction video on demand (TVOD) service, and a network of
approximately 29,000 kiosks across the US for DVD rentals. To
provide original and exclusive content to its viewers, the company
creates, acquires, and distributes films and TV series through its
Screen Media and Chicken Soup for the Soul TV Group
subsidiaries.
Forward-Looking Statements and Available Information
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 risks relating 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, ability to achieve and sustain market acceptance of
our content streaming services and other content offerings, ability
to recruit and retain officers, key employees, or directors,
ability to protect our intellectual property, ability to complete
and integrate into our existing operations future strategic
acquisitions, ability to manage growth, ability to pay dividends
and our debt obligations, as well as evolving regulatory or other
operational risks, and risks presented by changing general market
conditions impacting demand for our services. For a more complete
description of these and other risks and uncertainties, please
refer to Item 1A (Risk Factors) in the Company’s Annual Report on
Form 10-K for the year ended December 31, 2022 filed with the SEC
on March 31, 2023, as amended. If any of these risks materialize or
our assumptions prove incorrect, actual results could differ
materially from the results implied by the forward-looking
statements contained in this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20231120174058/en/
INVESTOR RELATIONS Zaia Lawandow Chicken Soup for the
Soul Entertainment Zlawandow@chickensoupforthesoul.com MEDIA
CONTACT Peter Binazeski Chicken Soup for the Soul Entertainment
Corporate pbinazeski@chickensoupforthesoul.com
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