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Chicken Soup for the Soul Entertainment Closes On Acquisition of Pivotshare, Inc.

CHICKEN SOUP FOR THE SOUL ENTERTAINMENT (CSSE)  More Company Research Source: GlobeNewswire
Last chicken soup for the soul entertainment earnings: 8/14 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cssentertainment.com
PDF COS COB, Conn., Aug. 23, 2018 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”) (Nasdaq: CSSE), a growing media company building online video on-demand (“VOD”) networks that provide positive and entertaining video content for all screens, today announced it has closed its acquisition of Pivotshare Inc, a global subscription-based video-on-demand service (“SVOD”) offering channels online across a variety of categories including music, sports, religion, arts and culture, lifestyle and family. Pivotshare is comprised of a series of subscription-based VOD channels online with 28,000 hours of programming. The network generates approximately $2.5 million in annual revenue and has approximately 25,000 paid subscriptions with an average monthly revenue of $9 per subscription. The accretive acquisition launches CSS Entertainment into the subscription VOD space, significantly accelerating its business plan. The multi-channel online network comes with pre [Read more]

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