Chicken Soup for the Soul Entertainment Acquires Redbox Entertainment Inc.

August 11, 2022

Chicken Soup for the Soul Entertainment (CSSE) has completed its acquisition of Redbox Entertainment Inc., combining CSSE’s Crackle Plus and content studios with Redbox’s streaming services, FAST/AVOD/TVOD distribution and 36,000 kiosks. The deal expands the combined company’s content library to over 51,000 titles, is expected to drive revenue to roughly $500 million and deliver more than $40 million in run-rate synergies.

Buyers
Chicken Soup for the Soul Entertainment
Targets
Redbox Entertainment Inc.
Sellers
Redbox shareholders
Location
Illinois, United States
Transaction Type
Buyout

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