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1. www.theverge.com › 2024/7/5 › 24191963Why Redbox has been powering down - The Verge

   www.theverge.com › 2024/7/5 › 24191963

   Jul 5, 2024 · The bankruptcy of Redbox’s parent company came after months of chaos, cash crunch, and corporate upheaval.

2. people.com › redbox-shuts-down-after-22-yearsRedbox Shuts Down After 22 Years of Business — Here's Why

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   4 days ago · 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 proceeding...

3. www.fastcompany.com › 91154628 › redbox-closing-downRedbox closing down: What happens to kiosks, employees ...

   www.fastcompany.com › 91154628 › redbox-closing-down

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   5 days ago · 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.

4. www.ign.com › articles › redbox-officially-shutting-downRedbox Officially Shutting Down, Spelling the End of ...

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   5 days ago · After operating for over two decades, Redbox is officially shutting down, spelling the end of thousands of DVD rental kiosks across the U.S.

5. www.nbcnews.com › business › business-newsRedbox set to close as DVD market withers in streaming's shadow

   www.nbcnews.com › business › business-news

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   4 days ago · DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment market.

6. www.washingtonpost.com › redbox-dvd-rental-closedRedbox shuts down after its parent company files for bankruptcy

   www.washingtonpost.com › redbox-dvd-rental-closed

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   4 days ago · 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.

7. People also ask

   Is Redbox going out of business?

   • Justin Sullivan / Getty Images 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 parent company, Chicken Soup for the Soul Entertainment, changed its Chapter 11 bankruptcy case, filed last month, to a Chapter 7 liquidation case on Wednesday.

   Redbox set to close as DVD market withers in streaming's shadow

   www.nbcnews.com/business/business-news/redbox-set-close-dvd-market-withers-streamings-shadow-rcna161407

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   Why did Redbox shut down?

   • 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 proceeding on Wednesday. Its 24,000 rental kiosks will be shuttered.

   Redbox Shuts Down After 22 Years of Business as Parent Company Mov…

   people.com/redbox-shuts-down-after-22-years-business-as-parent-company-moves-bankruptcy-liquidation-8676812

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   What happened to Redbox DVD rental & streaming service?

   • This means Redbox, a 22-year-old DVD rental and streaming service, will officially close. The Wall Street Journal reports that the bankruptcy liquidation will shut down Redbox's network of 24,000 DVD rental kiosks in nationwide retailers and leave approximately 1,000 employees without jobs. It's not known when the kiosks will be shuttered.

   Redbox Shuts Down After 22 Years of Business as Parent Company Mov…

   people.com/redbox-shuts-down-after-22-years-business-as-parent-company-moves-bankruptcy-liquidation-8676812

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   Does Redbox have a digital future?

   • “People [in these areas] really can’t afford four or five different streaming services,” said the second Redbox employee. “Our kiosk is the only theater in town.” Even so, Redbox executives were working on a digital future. Redbox tried to establish a Netflix competitor in partnership with Verizon in 2012 but shuttered the service two years later.

   Why Redbox has been powering down

   www.theverge.com/2024/7/5/24191963/redbox-chicken-soup-for-the-soul-entertainment-bankruptcy-why

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8. www.hollywoodreporter.com › business › business-newsRedbox Bankruptcy: Chicken Soup Accused of Financial ...

   www.hollywoodreporter.com › business › business-news

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   5 days ago · Chicken Soup for the Soul Entertainment missed payroll last month, allegedly due to the misuse of funds by its former chief executive. Its top lenders refuse to finance the company any longer.