Chicken Soup for the Soul Entertainment and FUEL TV Form Joint Venture for Action Sports-Focused Streaming Content

Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) today announced it has formed a joint venture with FUEL TV, the global leader in action-sports content, to create FUEL TV branded Subscription Video on Demand (SVOD) and Free Ad-Supported Streaming (FAST) channels. The companies will combine their respective content catalogs, including Chicken Soup for the Soul Entertainment-owned Subscription Video on Demand (SVOD) channels, which will become FUEL TV SURF, and LiftTicket will become FUEL TV SNOW. In addition, the venture will create two new channels, FUEL TV SKATE and FUEL TV BIKE. These powerful new channels will create a new standard in action-sports content available on major streaming platforms to viewers across millions of screens of all sizes and types.

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Chicken Soup for the Soul Entertainment today announced a joint venture with FUEL TV for action sports-focused streaming channels. (Graphic: Business Wire)

Under the terms of the deal, FUEL TV will run and operate the channels. Chicken Soup for the Soul Entertainment divisions Screen Media Ventures will contribute 1091’s library of action sports titles, and Crackle Connex will sell ad inventory. The joint venture expects to roll out the new FUEL TV branded channels in the coming months.

Chicken Soup for the Soul Entertainment plans to expand its joint venture efforts in 2024. These new business deals will drive additional revenues for existing properties it owns and operates utilizing the expertise of third-parties.

FUEL TV is well-known as the leader in the action-sports category worldwide. Available in over 130 countries through more than 80 different partnerships with the major broadcasting and streaming (CTV, OTT) platforms, the company offers over 600 hours of new programming every year, in addition to 250 hours of live events and 350 hours of exclusive content. Chicken Soup for the Soul Entertainment SVOD services Echoboom features essential action sports titles across skateboarding and skiing, SurfnowTV features the best in surf videos that feature the biggest names past and present, and LiftTicketTV offers viewers the best in ski videos.