CSSE on NASDAQ

Chicken Soup for the Soul Entertainment

Logo: Chicken Soup for the Soul, Public domain, via Wikimedia Commons5

American media company (2016–2024)

Chicken Soup for the Soul Entertainment, Inc. was an American media company based in Cos Cob, Connecticut. Established in 2016, it was a subsidiary of the publisher Chicken Soup for the Soul.3 Its shares trade on NASDAQ under the symbol CSSE.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$294.4MRevenue, fiscal 20236
-$622.5MNet income, fiscal 20236
Jun 9, 2016Founded1

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  • TickerCSSE on NASDAQ1
  • IndustryServices-Allied To Motion Picture Production1
  • HeadquartersCos Cob1
  • Websitecssentertainment.com
  • Incorporated inDE7
  • Business address132 E. Putnam Ave, Cos Cob, Ct 068077
  • Filer categoryNon-accelerated filer, Smaller reporting company7
  • Legal formCorporation4
  • LEI549300THRJ0EJ1DIID724
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O Cogency Global Inc., 19904 Dover, United States4
  • Registered withDivision of Corporations, Department of State, 60335844

Chicken Soup for the Soul Entertainment, Inc. was an American media company based in Cos Cob, Connecticut. Established in 2016, it was a subsidiary of the publisher Chicken Soup for the Soul.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-189.0%Operating margin6
-211.4%Net margin6
16.5%Revenue growth, 20236
-$30.0MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue62¢$305.6M
  • Selling, general and admin22¢$108.2M
  • Interest15¢$76.1M
  • Income tax1¢$5.7M

Out of $294.4M in revenue.6 The company lost money this year.

Financial statements

Revenue910111213146$294.4M in 2023+3526% since 2016
0$100.0M$200.0M$300.0M2016: $8.1M$8.1M20162017: $10.7M$10.7M2017+31%2018: $26.9M$26.9M2018+152%2019: $55.4M$55.4M2019+106%2020: $66.4M$66.4M2020+20%2021: $110.4M$110.4M2021+66%2022: $252.8M$252.8M2022+129%2023: $294.4M$294.4M2023+16%
Gross profit910111213$31.3M in 2021+530% since 2016
0$10.0M$20.0M$30.0M$40.0M2016: $5.0M$5.0M20162017: $6.4M$6.4M2017+29%2018: $14.5M$14.5M2018+126%2019: $14.9M$14.9M2019+3%2020: $14.2M$14.2M2020−5%2021: $31.3M$31.3M2021+120%
Operating income910111213146-$556.4M in 2023
-$600.0M-$400.0M-$200.0M0$200.0M2016: $1.8M$1.8M20162017: -$593.1K-$593.1K20172018: $774.8K$774.8K20182019: -$26.1M-$26.1M20192020: -$44.3M-$44.3M2020+69%2021: -$46.0M-$46.0M2021+4%2022: -$116.7M-$116.7M2022+154%2023: -$556.4M-$556.4M2023+377%
Net income910111213146-$622.5M in 2023
-$800.0M-$600.0M-$400.0M-$200.0M0$200.0M2016: $781.1K$781.1K20162017: $21.1M$21.1M2017+2599%2018: -$845.0K-$845.0K20182019: -$31.7M-$31.7M2019+3648%2020: -$40.4M-$40.4M2020+28%2021: -$50.4M-$50.4M2021+25%2022: -$101.5M-$101.5M2022+101%2023: -$622.5M-$622.5M2023+513%
Fiscal year20162017201820192020202120222023
Revenue$8.1M9$10.7M10$26.9M11$55.4M12$66.4M13$110.4M14$252.8M6$294.4M6
Cost of revenue$3.2M9$4.2M10$12.3M10$40.4M12$52.1M13$88.9M14$215.8M6$305.6M6
Gross profit$5.0M9$6.4M10$14.5M11$14.9M12$14.2M13$31.3M13
Selling, general and admin$2.4M9$5.9M10$10.7M11$22.2M12$31.6M13$47.9M14$93.5M6$108.2M6
Operating expenses$77.2M13$369.5M6$850.8M6
Operating income$1.8M9-$593.1K10$774.8K11-$26.1M12-$44.3M13-$46.0M14-$116.7M6-$556.4M6
Interest$560.1K9$1.2M10$388.0K11$811.0K12$2.2M13$4.8M14$27.8M6$76.1M6
Income before tax-$50.4M14-$139.3M6-$628.7M6
Income tax$439.0K9-$725.0K10$874.0K11$585.0K12$99.0K13$66.0K14-$37.3M6-$5.7M6
Net income$781.1K9$21.1M10-$845.0K11-$31.7M12-$40.4M13-$50.4M14-$101.5M6-$622.5M6
Earnings per share$0.099$2.0210-$0.1610-$3.6213-$3.9614-$6.456-$22.366
Earnings per share (diluted)$0.099$1.9910-$0.1610-$3.6213-$3.9614-$6.456-$22.366
Shares (weighted, basic)15.0M shares1417.3M shares628.5M shares6
Shares (weighted, diluted)15.0M shares1417.3M shares628.5M shares6

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Corporate structure

Chicken Soup for the Soul Entertainment is part of a group headed by Chicken Soup for the Soul. 6 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Chicken Soup for the Soul Entertainment

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Chicken Soup for the Soul Entertainment reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$43.7M6 Dec 31, 2023$36.7M6 Dec 31, 2022+19.0%
Accumulated depreciation$20.0M6 Dec 31, 2023$11.6M6 Dec 31, 2022+72.7%
Property and equipment, net$23.7M6 Dec 31, 2023$25.1M6 Dec 31, 2022−5.7%
Operating-lease assets (leased space)$10.7M6 Dec 31, 2023$16.3M6 Dec 31, 2022−34.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$120.5M6 Dec 31, 2023$260.7M6 Dec 31, 2022−53.8%
Intangible assets, net (excluding goodwill)$120.5M6 Dec 31, 2023$260.7M6 Dec 31, 2022−53.8%
Indefinite-lived intangibles (excluding goodwill)$5.0M6 Dec 31, 2022$12.2M14 Dec 31, 2021−58.9%
Finite-lived intangibles, gross$330.5M6 Dec 31, 2023$330.5M6 Dec 31, 20220%
Accumulated amortization$52.2M6 Dec 31, 2023$26.6M6 Dec 31, 2022+96.3%
Finite-lived intangibles, net$35.9M6 Dec 31, 2023$300.4M6 Dec 31, 2022−88.0%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

In 2008, the founders of Chicken Soup for the Soul, Jack Canfield and Mark Victor Hansen, sold the company to a group led by William J. Rouhana and Robert D. Jacobs.

In 2013, the company announced plans to produce a television series and a film with Alcon Entertainment. Chicken Soup for the Soul produced television programming with other partners, including PBS. In 2016, Chicken Soup for the Soul acquired a majority stake in the website A Plus.

Chicken Soup for the Soul Entertainment went public in 2017. In November 2017, it acquired Screen Media Ventures, LLC, an independent television and film distribution company, which included Popcornflix, an ad-based online video service.

On March 28, 2019, Sony Pictures Television announced that it would sell a majority stake of Sony Crackle to Chicken Soup for the Soul Entertainment, after which the service would revert to the "Crackle" name.

On November 5, 2019, it was announced that the Chicken Soup for the Soul Entertainment division would purchase foreign sales company Foresight Unlimited for the new Screen Media division.

On December 15, 2020, Sony traded its remaining shares in Crackle for a yet to be disclosed preferential stake in Chicken Soup for the Soul Entertainment, giving them full control of the ad-supported streaming service.

In April 2021, Chicken Soup for the Soul acquired the film and television catalogue of Sonar Entertainment. In return, Sonar will hold a 5 percent stake in a new AVOD network featuring its library. Through the acquisition, Chicken Soup now currently owns the North American rights to a majority of the Laurel & Hardy films and shorts, and most of the Our Gang library, as well as the holdings of the former RHI/Hallmark/Cabin Fever/Sonar outputs, and a majority of the Hal Roach library, all via their Halcyon Studios division.

On March 2, 2022, Chicken Soup for the Soul Entertainment announced its acquisition of specialty film distributor, 1091 Pictures, for $15.55 million, in a mix of cash ($8 million) and stock (newly issued Series A preferred stock and Class A common stock). The deal included an estimated 4,000 movies and TV series from the 1091 catalog, as well as its portfolio of free, ad-supported networks and channels.

Read the full text

On May 11, 2022, Chicken Soup for the Soul Entertainment announced its intention to acquire Redbox for $357 million ($36 million in stock and $321 million in assumed debt). The acquisition closed on August 11, 2022.

Bankruptcy and liquidation

On April 1, 2024, Chicken Soup for the Soul Entertainment received a delisting notice from Nasdaq, informing that the company's stock would be delisted from the Nasdaq after it had 180 days to return to compliance.

On April 23, 2024, Chicken Soup for the Soul Entertainment announced a $636.6 million loss in 2023, and warned that without any options to generate additional financing, the company may be forced to liquidate or pause operations, and seek a potential Chapter 11 bankruptcy protection filing. In June 2024, chairman and CEO Bill Rouhana removed the company's board of directors. On June 29, the company filed for Chapter 11 bankruptcy protection after cutting benefits in May, missing a week of paying its employees, and failing to secure financing.

On July 1, 2024, former federal prosecutor Bart Schwartz replaced Rouhana as CEO, and a new board of directors was installed. On July 5, the company was able to secure funding to restore payroll and benefits.

On July 10, 2024, a bankruptcy judge ordered Chicken Soup for the Soul Entertainment's Chapter 11 bankruptcy to be converted into a Chapter 7 bankruptcy liquidation after accusing Rouhana of misusing the business and failing to pay employees or support healthcare. With the Chapter 7 conversion, the company's assets would be liquidated, resulting in the cessation of its subsidiaries, including Crackle, Popcornflix, Redbox and Screen Media. In addition, over 1,000 employees were laid off and over 26,000 Redbox kiosks were shut down permanently.

On April 7, 2025, a bankruptcy auction was set for April 23. CSSE's liquidation was completed by June 2025. Following this, private capital group, HPS Investment Partners, which had been a lender to CSSE, assumed control of the company's assets.

From Wikipedia’s article on Chicken Soup for the Soul Entertainment, shared under CC BY-SA 4.0.8

Leadership

Who has led Chicken Soup for the Soul Entertainment, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (14)

Subsidiaries and ownership

Parent company

Subsidiaries

Also owns

From Wikidata.1

Timeline

  1. Jun 17, 20248-K Executive or director change36
  2. Jun 12, 20248-K Entered a material agreement37
  3. May 3, 20248-K Entered a material agreement; Executive or director change; Regulation FD disclosure38
  4. Apr 24, 20248-K Listing notice or transfer39
  5. Apr 5, 20248-K Regulation FD disclosure40
  6. Mar 29, 20248-K Listing notice or transfer41
  7. Feb 14, 20248-K Listing notice or transfer42
  8. Jan 10, 20248-K Listing notice or transfer; Regulation FD disclosure43
  9. Dec 18, 20238-K Other events44
  10. Nov 22, 20238-K Listing notice or transfer45
  11. Nov 21, 20238-K Other events46
  12. Oct 17, 20238-K Other events47
  13. Aug 18, 2017Went public Listed on NASDAQ1
  14. Aug 17, 2017New chief executive William J. Rouhana Jr. becomes CEO19
  15. Jun 9, 2016Founded Founded1

Calendar

When it reported results

  1. Aug 15, 2023Reported quarterly or annual results48
  2. Apr 3, 2023Reported quarterly or annual results49
  3. Mar 30, 2023Reported quarterly or annual results50
  4. Nov 15, 2022Reported quarterly or annual results51
  5. Aug 12, 2022Reported quarterly or annual results52

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

206 filings to the SEC since October 2021: 6 annual reports, 10 quarterly reports, 76 major events, 48 insider forms, 20 large holders, 46 other. The latest 20:

  1. Jun 17, 20248-K EDGAR
  2. Jun 12, 20248-K/A EDGAR
  3. Jun 5, 2024UPLOAD EDGAR
  4. May 29, 2024PRER14C EDGAR
  5. May 28, 2024CORRESP EDGAR
  6. May 21, 2024UPLOAD EDGAR
  7. May 20, 202410-Q EDGAR
  8. May 15, 2024NT 10-Q EDGAR
  9. May 10, 20243 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  10. May 10, 20243 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  11. May 3, 2024PRE 14C EDGAR
  12. May 3, 20248-K EDGAR
  13. Apr 29, 202410-K/A EDGAR
  14. Apr 24, 20248-K EDGAR
  15. Apr 19, 202410-K EDGAR
  16. Apr 5, 20248-K EDGAR
  17. Apr 2, 2024NT 10-K EDGAR
  18. Mar 29, 20248-K EDGAR
  19. Feb 21, 202410-Q/A EDGAR
  20. Feb 14, 2024SC 13G/A EDGAR

The 206 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 4 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 2, 2023DeNicola CosmoDirectorBuy26,990$15.33$413.8KForm 4
May 22, 2023NEWMARK L AMYDirectorBuy16,000$13.98$223.7KForm 4
Apr 3, 2023Chicken Soup for the Soul Productions, LLC10% ownerBuy1,860,015$2.30$4.3MForm 4
Apr 3, 2023Weiss Lurie ChristinaDirectorBuy17,500$2.30$40.2KForm 4
Feb 7, 2023Apollo Management Holdings GP, LLC10% ownerSale2,490,000$5.00$12.4MForm 4
Feb 7, 2023AP VIII Aspen Holdings, L.P.10% ownerSale2,490,000$5.00$12.4MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Chicken Soup for the Soul Entertainment is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARChicken Soup for the Soul Entertainment, Inc.2
  • CIK0001679063
  • Employer ID (EIN)81-25608112
  • Filer statusNon-accelerated filer<br>smaller reporting company2
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)7819 Services-Allied To Motion Picture Production2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address132 E. Putnam Ave, Cos Cob, CT 068072
  • Mailing addressPo Box 700, Cos Cob, CT 068072
  • Phone203-861-40002
  • Public float$24.1M as of Jun 30, 20236
  • On EDGAR sinceSep 21, 20162
  • Filings640 in all: 8-K (215), 4 (99), CORRESP (28), SC 13G/A (28), UPLOAD (24), 3 (23), 10-Q (22), 424B5 (18)2
    All 58 form types

    8-K/A (18), EFFECT (14), SC 13G (14), S-1/A (11), FWP (9), 4/A (8), 10-K (7), 424B3 (7), S-3 (7), DEF 14A (6), S-1 (6), 10-K/A (5), SC 13D/A (5), 8-A12B (4), S-3/A (4), S-8 (4), 1-A/A (3), 424B2 (3), 425 (3), CERT (3), D (3), 10-Q/A (2), 144 (2), 253G1 (2), 424B1 (2), DEL AM (2), NT 10-Q (2), PRE 14A (2), PRE 14C (2), QUALIF (2), SC 13D (2), 1-A (1), 1-A POS (1), 25-NSE (1), 253G2 (1), 424B4 (1), 8-A12G (1), AW (1), CERTNAS (1), DEF 14C (1), DEFA14A (1), DOS (1), DOS/A (1), DOSLTR (1), DRS (1), NT 10-K (1), PRER14C (1), S-1MEF (1), S-4 (1), S-4/A (1)

  • Latest filingsAnnual report (10-K) Apr 19, 2024
    Quarterly report (10-Q) May 20, 2024
    Proxy statement (DEF 14A) May 17, 2023
    Latest 8-K (8-K) Jun 17, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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    SEC EDGAROther events
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    SEC EDGAROther events
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