Cosmo DeNicola Companies News

Friday, February 9, 2018

HIDDEN HEROES AWARDED PARENTS CHOICE AWARD

President and CEO Dave Morgan today announced Litton Entertainment and its partners have received 21 Awards from the Parents' Choice Foundation, the nation's oldest nonprofit consumer organization dedicated to quality children's media.

The programs honored include Chicken Soup for the Soul's Hidden Heroes, winning the Seal of Approval Award. The Parents' Choice Approved Seals are given on the basis of the production, entertainment and human values they exemplify. A Parents' Choice Approved seal indicates a wholesome product that helps children enjoy developing physical, emotional, social or academic skills.

Tuesday, November 28, 2017

CHICKEN SOUP FOR THE SOUL ENTERTAINMENT TO PARTICIPATE IN THE GLOBAL MIZUHO INVESTOR CONFERENCE

Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”) (Nasdaq: CSSE), a fast-growing provider of positive and entertaining video content, today announced that chairman and chief executive officer, William J. Rouhana, Jr., and vice chairman and chief strategy officer, Scott W. Seaton, will participate in The Global Mizuho Investor Conference on December 4th in New York City. Messrs. Rouhana and Seaton to host one-on-one and small group meetings throughout the day.

Thursday, October 12, 2017

CHICKEN SOUP FOR THE SOUL ENTERTAINMENT LAUNCHES PRODUCTION OF THE NEW AMERICANS

The New Americans tells stories highlighting the positive contribution of immigrants to the United States. The series, comprised of 15 short-form videos, will be available in 2017 on APlus.com. It will also be featured as APlus Heroes within episodes of the company’s popular Chicken Soup for the Soul’s Hidden Heroes television series.

“Our proprietary online distribution channel, APlus.com, generates over 750 million content views per month,” stated William J. Rouhana, Jr, chairman and chief executive officer. “We are excited to use our extensive distribution to spread these compelling stories to such a wide audience.”

“The New Americans is a great example of our unique ability to maximize value for our sponsors by distributing our content across multiple platforms,” said Scott W. Seaton, vice chairman and chief strategy officer. “Such distribution enables us to attract sponsors for our series driving revenue and profit growth, as well as building the value of our content library.”

Tuesday, October 3, 2017

CHICKEN SOUP FOR THE SOUL ENTERTAINMENT REPORTS SECOND QUARTER RESULTS

Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”) (Nasdaq:CSSE), a fast-growing provider of positive and entertaining video content, today announced that it has filed its Quarterly Report on Form 10-Q for the period ended June 30, 2017with the Securities and Exchange Commission (“SEC”). The company also reiterated in this filing that it is targeting 2017 revenue of $20 million and adjusted EBITDA of $10 million and 2018 revenue of $36 million and adjusted EBITDA of $18 million.

“This filing does not give effect to the company’s August IPO and its positive impact on the company’s financial strength,” stated William J. Rouhana, Jr., chairman and chief executive officer. “Our third quarter 10-Q, due November 14, 2017, will reflect our strong balance sheet with no debt and substantial liquidity, including cash on hand, positive operating cash flow and an unused line of credit.”

Mr. Rouhana continued, “Our second quarter results are in line with our expectations. The vast majority of our revenue and adjusted EBITDA for 2017 will be recognized in our upcoming fourth quarter. This is consistent with our 2016 results where over 70 percent of our revenue and adjusted EBITDA was recognized in the fourth quarter. As indicated in our filing, we are reiterating our 2017 full year targets.”

In connection with its IPO and its listing on Nasdaq, the company was required to file its Form 10-Q for the second quarter of 2017 by October 2, 2017. The Form 10-Q was filed in a timely manner and is available on the company’s Investor Relations website at http://ir.cssentertainment.com under SEC Filings.

Tuesday, September 26, 2017

CHICKEN SOUP FOR THE SOUL’S HIDDEN HEROES TO AIR WITH THREE ADDITIONAL SPONSORS IN UPCOMING THIRD SEASON

Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”) (Nasdaq: CSSE), a fast-growing provider of positive and entertaining video content, today announced that its multi-award winning series Chicken Soup for the Soul’s Hidden Heroes will air with additional sponsors.

In its upcoming third season, the series, hosted by Brooke Burke-Charvet, is adding three new sponsors to complement the primary sponsor, The Boniuk Foundation. This season’s new sponsors are BISSELL Homecare, Inc., American Humane and Michelson Found Animals Foundation.

“The addition of these three sponsors illustrates the attractiveness of our brand to prestigious and well-known corporate and nonprofit sponsors,” stated William J. Rouhana, Jr., chairman and chief executive officer. “Our unique content creation and distribution model amplifies the positive messages our sponsors seek to share in a way that is highly enjoyable to viewers. Our new sponsors join a list that includes Delta, National Geographic, Walgreens and many others.”

Each episode of Chicken Soup for the Soul’s Hidden Heroes reveals the widespread goodwill in the world by showing heroes in action as they demonstrate acts of kindness, compassion and commitment to others. Highlighted by funny, light-hearted moments, the series shines a bright light on everyday people who selflessly share their positive attitudes towards society and life with others by doing good deeds.

Monday, September 11, 2017

CHICKEN SOUP FOR THE SOUL PET FOOD DONATING TO HURRICANE HARVEY VICTIMS

In response to the devastation that Hurricane Harvey caused in Texas and Louisiana, Chicken Soup for the Soul Pet Food is working with their partners at American Humane to support pet owners and the many frightened, hungry animals who have been separated from their families. Chicken Soup for the Soul Pet Food and American Humane donated and delivered more than 100,000 pounds of dog and cat food to help affected communities and their animals.

American Humane is responding to an official request from the City of Orange Grove, near Corpus Christi, close to where one of the biggest storms in recent history made landfall. The team is racing to the scene to help there, and has strategically moved vital equipment into position in Louisiana, as well, which can provide rescue and shelter services in the event the storm turns eastward and hits that state.

Tuesday, September 5, 2017

CHICKEN SOUP FOR THE SOUL ENTERTAINMENT TO PARTICIPATE IN TWO UPCOMING CONFERENCES

Chicken Soup for the Soul Entertainment, Inc. announced that Chairman and Chief Executive Officer William J. Rouhana, Jr. will participate in two upcoming conferences, the 6^th Annual Gateway Conference and the Crowd Invest Summit West.

The Annual Gateway Conference is an annual, invite-only conference that brings together the most compelling companies with the nation's top investors andanalysts. Last year’s event featured more than 80 companies from a number of industries, including tech, business services, consumer, digital media, clean tech, life sciences, and financial services. The format has been designed to give attendees direct access to senior management via company presentations, Q&A sessions and one-on-one meetings.

Mr. Rouhana is scheduled to present on September 6th at 1:00 p.m. PT and will host one-on-one meetings throughout the day. Management's presentation will be webcast live and available for replay on the Investors section of the Chicken Soup for the Soul Entertainment webiste, https://cssentertainment.com.

The Crowd Invest Summit West 2017 is a crowdfunding conference and expo with a mission to educate and bring together accredited and non-accredited investors with startups, issuers, and real estate investment opportunities. The conference is taking place in Los Angeles on September 7, and Mr. Rouhana is scheduled to speak at 3:00 pm PT as part of a panel discussing the “ins and outs of running a successful equity crowdfunding campaign from companies who have successfully done it.”

Tuesday, August 22, 2017

Chicken Soup for the Soul Entertainment Closes $30 Million Reg A+ IPO

Chicken Soup for the Soul Entertainment, a fast-growing provider of positive and entertaining video content that brings out the best of the human spirit, visited the Nasdaq MarketSite in Times Square on Friday August 18, 2017 in celebration of its historic IPO.

As previously announced, the company upsized its IPO to its maximum possible deal size of $30 million. A total of 2,500,000 shares of Class A common stock were sold at $12 per share. CSS Entertainment’s offering is the largest exchange-listed IPO completed under Reg A+ and the first to list on the higher tier Nasdaq Global Market.

In honor of the occasion, William J. Rouhana, Jr., Chairman and CEO, will ring the Opening Bell.

“We are extremely pleased with the investor demand for our IPO,” said William J. Rouhana, Jr., chairman and chief executive officer. “Our fans and customers are truly loyal and passionate about our brand, and we are thrilled to have them join us as shareholders. To accommodate such demand, we upsized the offering repeatedly until we reached the $30 million maximum under our offering circular.”

Chicken Soup for the Soul Entertainment, Inc. is now listed on NASDAQ as CSSE.

Monday, July 17, 2017

CHICKEN SOUP FOR THE SOUL ENTERTAINMENT LAUCNHES IPO

Chicken Soup for the Soul Entertainment, Inc., a fast-growing provider of positive and entertaining video content, today announced the launch of its IPO to raise up to $30 million. The company has applied to list its shares of Class A common stock on Nasdaq under the symbol “CSSE.”

Shares are now available for purchase online. To learn more, go to CSSEntertainment.com/Invest.

“Our customers and fans are passionate about our brand,” said William J. Rouhana, Jr., Chairman and Chief Executive Officer of Chicken Soup for the Soul Entertainment. “Going public affords our loyal fans and others the opportunity to participate in the growth of our video content business.”

HCFP/Capital Markets LLC, The Benchmark Company, LLC and Weild & Co. are acting as joint bookrunning managers for the offering.

The company's Regulation A+ Tier II offering is being made only by means of an offering circular. A copy of the offering circular may be obtained at https://www.sec.gov/Archives/edgar/data/1679063/000114420417036760/v470825_253g1.htm.

An offering statement relating to the offering has been filed with, and qualified by, the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that state or jurisdiction.

Original article found at: https://globenewswire.com/news-release/2017/07/17/1047321/0/en/Chicken-Soup-for-the-Soul-Entertainment-Launches-IPO.html

Wednesday, June 28, 2017

ASHTON KUTCHER AND CHICKEN SOUP FOR THE SOUL ENTERTAINMENT EXPAND RELATIONSHIP

Chicken Soup for the Soul Entertainment, Inc., a fast-growing provider of positive and entertaining video content, today announced it has signed an agreement with Ashton Kutcher to serve as an executive producer for two new television series.

This new agreement expands the relationship between Mr. Kutcher and Chicken Soup for the Soul Entertainment. The Company entered into an exclusive distribution agreement in September 2016 with APlus.com, a digital media company founded by Mr. Kutcher that specializes in positive journalism and social change. Mr. Kutcher will executive produce television series focusing on the positive themes drawn from APlus.com and Chicken Soup for the Soul. These series are slated for distribution on broadcast or cable channels as well as online.

“Chicken Soup for the Soul Entertainment combines a well-known, positive brand with an innovative business model, which combines television and online distribution,” said Mr. Kutcher. “I strongly believe in this approach.”

“I’m excited to have an opportunity to extend the working relationship between Chicken Soup for the Soul Entertainment and Ashton Kutcher,” stated William J. Rouhana, Jr., Executive Chairman and Chief Executive Officer of Chicken Soup for the Soul Entertainment. “Ashton has a rare combination of creative and business acumen, and we hope to engage both of these qualities to help grow our company.”

original article found: http://www.globenewswire.com/news-release/2017/06/26/1029173/0/en/Ashton-Kutcher-and-Chicken-Soup-for-the-Soul-Entertainment-Expand-Relationship.html

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