Share Repurchase Authorization Increased by Chicken Soup for the Soul Entertainment
COS COB, Conn., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) (“the Company”), one of the largest operators of streaming advertising-supported video-on-demand (“AVOD”) networks, today announced that its board of directors approved an additional $10 million to its common stock repurchase program.
- Todays increased repurchase authorization reflects continued confidence in the execution of our strategic plan to build the best AVOD.
- Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) (the Company) operates streaming video-on-demand networks (VOD).
- The Company also acquires and distributes video content through its Screen Media subsidiary and produces original video content through the Chicken Soup for the Soul Television Group.
- Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.