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Chicken Soup for the Soul Entertainment Ramps Up Video Content Production, Targeting 2017 Revenue of $20 Million and EBITDA of $10 Million

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. 21, 2017 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”) (Nasdaq:CSSE), a fast-growing provider of positive and entertaining video content, today announced that the successful completion of its IPO provides the financing necessary to ramp up production of its television programming, including having already begun production on three series, as well as new online and other video content. Based on the company’s post-IPO production schedule, CSS Entertainment is targeting 2017 revenue of $20 million and EBITDA of $10 million. The IPO also provides CSS Entertainment with the capital resources to enhance its 2018 business plan, projected to result in approximate revenue of $36 million and EBITDA of $18 million. “While working to complete our IPO, our operating team was preparing to ramp up production of television programming and other video content immediately upon closing,” stated William J. Rouhana, Jr., chairman and chie [Read more]

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