COS COB, Conn., April 16, 2021 (GLOBE NEWSWIRE) – Chicken soup for Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video-on-demand (“AVOD” ) Networks today announced the timing of paying their declared regular monthly dividend of $ 0.2031 per share of their May 2021 May 2021 accumulated redeemable Series A preferred stock of 9.75%. The dividend will be paid to the owners on May 17, 2021. As of April 30, 2021. The dividend will be paid in cash.
ABOUT CHICKEN SOUP FOR SOUL ENTERTAINMENT
Chicken Soup for Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”) operates streaming video-on-demand (VOD) networks. The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VoD networks, including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also purchases and sells video content through its Screen Media subsidiary and produces original long and short form content through Landmark Studio Group, the chicken soup for the Soul Originals division, and APlus.com. Chicken Soup For The Soul Entertainment is a subsidiary of Chicken Soup For The Soul, LLC, which publishes the famous book series and produces super-premium pet foods under the brand name Chicken Soup for the Soul.
This press release contains forward-looking statements within the meaning of federal securities laws. Forward-looking statements are statements that are not historical facts. These statements are based on various assumptions, whether or not mentioned in this press release, and management’s current expectations and are not predictions of actual performance. Forward-looking statements are subject to known and unknown risks and uncertainties including, but not limited to, the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 Assumptions prove incorrect and actual results may be differ materially from the results of these forward-looking statements. These forward-looking statements speak only as of the date of this document, and the company expressly disclaims any obligation or obligation to publicly release any updates or revisions to any forward-looking statements contained herein to reflect changes in company expectations with respect thereto or changes in events, conditions or circumstances on which a statement is based.
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