Highly-anticipated animated film set new records for the most rentals for 2023, the most week-one rentals since Top Gun: Maverick, and the most week-one rentals for a family film since The Croods: A New Age
Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), a leading provider of entertainment to cost-conscious consumers, today announced its Redbox kiosks saw a record week of rentals with the recent addition of the animated film The Super Mario Bros. Movie. The film set several new records, including becoming the top movie rental for 2023, the most rented movie in its first week since Top Gun: Maverick, and the most first-week rentals for a family film since The Croods: A New Age.
The Super Mario Bros. Movie also recently broke week one Transactional Video-on-Demand (TVOD) revenue records on the company’s Redbox streaming service. The Premium Video-on-Demand (PVOD) and Premium Electronic Sell-Through (PEST) debut surpassed the previous record PEST launch of Avatar: The Way of Water.
“We’re delighted with the performance of The Super Mario Bros. Movie, and it confirms our outlook that big movies this year will bring consumers back to our kiosks,” said William J. Rouhana, Jr., chief executive officer of Chicken Soup for the Soul Entertainment. “This is one of many major films coming to our kiosks, and we expect this positive momentum to continue as more consumers seek low-cost entertainment options.”
About Chicken Soup for the Soul Entertainment
Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) provides premium content to value-conscious consumers. The company is one of the largest advertising-supported video-on-demand (AVOD) companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with nearly 180 FAST channels as well as a transaction video on demand (TVOD) service, and a network of approximately 31,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries. 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.
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