- Business
- Chicken Soup for the Soul Entertainment, Inc. Chicken Soup for the Soul Entertainment, Inc. (CSSEL) operates as an advertising-supported video-on-demand (AVOD) company focused on streaming services, content production, and distribution in the United States and internationally; its main products and services include the flagship AVOD platforms Redbox, Crackle, and Chicken Soup for the Soul, which offer free ad-supported streaming television (FAST) with approximately 170 channels, transactional video on demand (TVOD), original and acquired films and TV series such as holiday movies, lifestyle programs like Home Made Simple and My Pet's Life, and pet care content including The Dog Whisperer with Cesar Millan; the company also maintains a network of physical DVD rental kiosks, content libraries from subsidiaries like Screen Media, Crackle Plus, Popcornflix, and Halcyon Studios encompassing over 50,000 titles in genres including drama, comedy, horror, documentaries, and inspirational programming; distribution occurs across major platforms such as Roku, Amazon Fire TV, Samsung, Vizio, Xbox, and PlayStation, targeting value-conscious consumers with family-friendly, uplifting content and boasting around 40 million monthly active users. Founded in 2016 and headquartered in Cos Cob, Connecticut, as a subsidiary of Chicken Soup for the Soul, LLC, the company creates, acquires, licenses, and distributes video content through segments in streaming, kiosk rentals, and original production. Recent major developments include the August 2022 acquisition of Redbox for $357 million, adding 36,000 kiosks and expanding FAST channels to over 145; subsequent Chapter 11 bankruptcy filing on June 29, 2024, followed by conversion to Chapter 7 liquidation on July 10, 2024, leading to asset sales, cessation of operations for subsidiaries including Crackle, Popcornflix, and Redbox, layoffs of over 1,000 employees, permanent shutdown of 26,000+ kiosks, Nasdaq delisting in April 2024, and full liquidation completion by June 2025.