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Movie rental service Redbox is finally closing after its parent company announced that assets will be liquidated in Chapter 7 bankruptcy. Here’s what to know.
Redbox will officially shut down after 22 years due to its parent company, Chicken Soup for the Soul Entertainment, converting its Chapter 11 bankruptcy case to a Chapter 7 liquidation...
DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment market.
Redbox’s network of 24,000 DVD rental kiosks and its streaming services will be shut down after its parent company, Chicken Soup for the Soul Entertainment, converted its Chapter 11 bankruptcy...
A judge overseeing Redbox owner Chicken Soup for the Soul Entertainment’s bankruptcy case granted a request Wednesday to convert it from Chapter 11 to Chapter 7 bankruptcy, according to Lowpass...
Redbox’s field service technicians thought they had seen it all. Stores had unplugged thousands of the company’s iconic red DVD rental kiosks. Payroll and expense reimbursements had been late....
Chicken Soup for the Soul Entertainment, the ailing parent of video kiosk operator Redbox and streaming services like Crackle and Popcornflix, has gotten rid of its entire board of directors....
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.
The parent company of Redbox, those distinctive, red-colored kiosks at grocery stores that sell or rent DVDs, has filed for bankruptcy after enduring months of financial struggle.
The bankrupt owner of Redbox Entertainment Inc. will be liquidated, a judge ruled Wednesday, after lawyers for the company and lenders accused its former chief executive officer of mismanaging...