Chicken Soup for the Soul Entertainment Announces Second Season of HomeAway’s Vacation Rental Potential
18 April 2018 - 2:31AM
Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”)
(Nasdaq:CSSE), a growing media company building online video
on-demand (“VOD”) networks that provide positive and entertaining
video content for all screens, today announced that HomeAway, Inc.
(“HomeAway”) and CSS Entertainment have expanded their partnership
to produce a second season of their hit series “Vacation Rental
Potential.”
“Vacation Rental Potential” premiered on A&E
Network on December 9, 2017 and became the most watched show in the
network’s “home” category. The series is hosted by vacation
rental expert Holly Baker, who helps a new buyer in each episode
choose from three properties that will provide their family with a
steady income stream as well as a vacation getaway of their
own.
“‘Vacation Rental Potential’ not only shows the
incredible opportunity vacation rentals provide as a means to earn
extra income, but also takes the viewer through the unique personal
stories behind each of the buyers,” said Ninis Samuel, VP of Local
Marketing for HomeAway. “It’s gratifying to learn that several
buyers featured in season one have enjoyed so much success
welcoming guests into their properties that they are planning to
make additional vacation rental purchases.”
“HomeAway’s decision to work with us to produce
a second season of ‘Vacation Rental Potential’ illustrates how
deeply the message has resonated with its audience,” stated William
J. Rouhana, Jr., chairman and chief executive officer of CSS
Entertainment. “We hope season one continues to gain a larger loyal
audience online as we look forward to spreading the word about the
benefits of vacation rentals through new episodes this year.”
Rouhana noted that the timing of the agreement
allows CSS Entertainment to begin production months earlier than
last year. It will also allow the company to recognize the revenue
and EBITDA from its TV series production business over the course
of the third and fourth quarter of 2018, instead of just in the
fourth quarter, as it was last year. The ten episodes of “Vacation
Rental Potential” to be produced for this next season gives CSS
Entertainment the first of 60 half-hours of TV series episodes that
it expects to create for delivery in 2018.
Season one of “Vacation Rental Potential” can be
viewed in its entirety on www.homeaway.com/vrp, in addition to
interviews with the homeowners and videos from Holly Baker on
enhancing your home. Television viewers can also watch repeat
episodes of season one through video on demand services.
ABOUT CHICKEN SOUP FOR THE SOUL
ENTERTAINMENT
Chicken Soup for the Soul Entertainment, Inc. is
a growing media company building online video on-demand (“VOD”)
networks that provide positive and entertaining video content for
all screens. The company also curates, produces and distributes
long- and short-form video content that brings out the best of the
human spirit, and distributes the online content of its affiliate,
A Plus. The company is aggressively growing its business through a
combination of organic growth, licensing and distribution
arrangements, acquisitions, and strategic relationships. The
company is also expanding its partnerships with sponsors,
television networks and independent producers. The company’s
subsidiary, Screen Media, is a leading global independent
television and film distribution company that owns one of the
largest independently owned television and film libraries. The
company also owns Popcornflix®, a popular online
advertiser-supported VOD (“AVOD”) network, and four additional AVOD
networks that collectively have rights to exhibit thousands of
movies and television episodes. Chicken Soup for the Soul
Entertainment is a subsidiary of Chicken Soup for the Soul,
LLC.
FORWARD LOOKING STATEMENTS
This press release includes forward-looking
statements that involve risks and uncertainties. Forward looking
statements are statements that are not historical facts. Such
forward-looking statements are subject to risks (including those
set forth in the offering circular) and uncertainties which could
cause actual results to differ from the forward-looking statements.
The company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the company’s
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
Investors should realize that if our underlying assumptions for the
projections contained herein prove inaccurate or that known or
unknown risks or uncertainties materialize, actual results could
vary materially from our expectations and projections.
INVESTOR RELATIONS James CarbonaraHayden
IRjames@haydenir.com(646) 755-7412
MEDIA CONTACT Kate Barrette RooneyPartners LLC
kbarrette@rooneyco.com (212) 223-0561
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