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Soul Entertainment's Chicken Soup Sets New Senior Management Roster After Redbox Acquisition Closes - Deadline

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Soul Entertainment’s Chicken Soup, which completed its $375 million acquisition of Redbox earlier this month, has set up a new senior management roster for the combined company.

Former Redbox CEO Galen Smith was previously confirmed to be staying on after the deal. Smith is executive vice president of Seoul Entertainment’s Red Box and Chicken Soup, where he oversees long-term plans including strategy, mergers and acquisitions, and corporate services.

Former EW Scripps executive Jonathan Katz was also announced as president of the combined company.

Both Smith and Katz will report to Bill Rouhana, CEO of Chicken Soup for the Soul Entertainment.

Many executives report directly to Smith. Among them is Peter Binazeski, Senior Vice President of Corporate Communications. Chief Human Resources Officer Marisa Famulare. Chief Innovation Officer Jason Kwon; Chief Financial Officer Chris Mitchell; Chief Strategy Officer Elana Sofko. Chief Legal Officer Fred Stein.

Reporting to Katz is Michael Chamberlain, COO and President of Redbox. David Elender, CEO of the studio and head of Chicken Soup for Seoul Television Group. David Fannon Chief Acquisitions and Distribution Officer. Chief Marketing Officer Mike Feldner. Chief Revenue Officer. Philip Gelton; and Chief Digital Officer Adam Motham.

Elllender will continue to lead the development and production of original content for all owned and operated platforms, including Redbox kiosks and streaming today, as well as third-party productions. Fanon will continue to oversee the acquisition and distribution of all domestic and international content, extending its reach to her Redbox and continuing her role as President of Screen Media Ventures.

Feldner will join the combined company in his Redbox role, leading the company’s analytics and insight activities, as well as all marketing, branding and creative services. Guelton expands his role to lead all advertising sales and operations and revenue partnerships across the company. Mosam adds oversight of the company’s streaming business, including product, technology and platform distribution.

“Our new senior leadership team brings together the best executives in the streaming and entertainment business and is poised for continued success,” said Rouhana. , with the knowledge, skills and drive to build a leading company that delivers the best entertainment to value-conscious consumers.”

Constantly exceeding its weight, CSSE has grown into a quirky but formidable ad-supported free streaming business. The company beat out a number of big prospective buyers to acquire his Crackle from Sony, as well as his Sonar Entertainment assets of Screen Media, 1091 Media and Robert Halmi Sr. It cultivated a roster of free streaming outlets like Popcornflix long before the industry’s general sentiment in favor of the potential of advertising as a primary revenue stream shifted more firmly.

CSSE stock has lost nearly a third of its value by 2022 as Wall Street debates streaming investment themes. However, since Redbox’s deal was announced in his May, it is up more than 40%. At noon today, trading volume was low, down 8% to take him to $10.50.