RDBX earnings

Acquisition creates an entertainment company for value-conscious consumers across AVOD, FAST, and TVOD with over 40 million customer loyalty members Revenue is expected to more than triple over the next year; increased scale and over $40 million in operating synergies support an accelerated path to positive free cash flow   Adds over 11,000 additional movies and television shows to the company's already robust 40,000-title streaming catalog, as well as Free Live TV platform with over 145 free ad-supported streaming television (FAST) channels and transactional video on demand (TVOD) platforms available on dozens of devices Redbox's 36,000 kiosks will expand the company's touchpoints for a

Combination creates leading independent, integrated direct-to-consumer media platform delivering premium entertainment for value conscious consumers Forms streaming industry's 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. Th