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Less than two years after self-help company Chicken Soup for the Soul bought Redbox, the corporation declared bankruptcy and now people are taking hundreds of movies out of the mostly abandoned ...
Chicken Soup and Redbox combined in 2022 in an all-stock deal valuing the latter at less than $400mn, with most of that figure attributed to the loan held by HPS.
Redbox parent company Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy in June and moved to Chapter 7 in July, signaling the liquidation of its assets.
A group of 11 former employees of bankrupt Redbox parent Chicken Soup for the Soul Entertainment have filed a lawsuit charging the company and ex-CEO Bill Rouhana with “greed at shocking levels ...
Redbox, the once beloved movie rental kiosk and rival of video store Blockbuster is shutting down after its parent company, Chicken Soup for the Soul Entertainment, filed for bankruptcy.
Redbox video rental kiosks will close across the nation, including in New Jersey, as the company shuts down. Find out where.
Redbox is the latest home video rental enterprise to bite the dust. A little over a week after its parent company, Chicken Soup for the Soul Entertainment, filed for bankruptcy, the DVD kiosk ...
Redbox video rental kiosks are going away, and over 1,000 Chicken Soup for the Soul employees are now out of work, as the company has reportedly converted its Chapter 11 bankruptcy to a Chapter 7 ...
In news eerily reminiscent of the last time we had really serious food poisoning, it sounds like a whole bunch of Chicken Soup is about to be emptied straight into the toilet. Specifically ...
Redbox is not long for this world. The DVD rental service’s parent company—Chicken Soup for the Soul Entertainment—has shifted its bankruptcy filing from Chapter 11 to Chapter 7 and is ...
The once-popular DVD-rental business Redbox will shutter after its parent company, Chicken Soup for the Soul Entertainment, reported nearly $1 billion in debt.
Chicken Soup acquired Redbox in 2020 years after the latter’s heyday when it ran more than 40,000 sites in North America and rented DVD’s and games.