Chicken Soup For The Soul CEO Upbeat On Movie Releases, FAST Channels As Redbox, Crackle Parent Sees Steeper Q1 Loss
Chicken Soup For The Soul, owner of Redbox, Crackle and Screenvision and the self-described largest purveyor of content to” value-conscious consumers,” saw sales soar to $110 million in the first quarter from $29 million. TVOD revenue is picking up, CEO Bill Rouhana told Wall Streeters, a precursor to a run on Redbox movie kiosks given the improved Hollywood pipeline.