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22 hours ago · The results on Redbox’s bottom line were disastrous: the company’s revenue declined from $829 million in 2019 to $546 million in 2020, and then to $289 million in 2021. “It happened really ...
4 days ago · 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.
4 days ago · The Redbox acquisition was an odd one from the outset. The publicly traded Chicken Soup for the Soul Entertainment justified the deal as complementary to its other Hollywood and media-related ...
4 days ago · NEW YORK, July 1 (Reuters) - Chicken Soup for the Soul Entertainment, which owns movie rental company Redbox and the streaming service Crackle, has entered bankruptcy on rocky footing, with its ...
3 days ago · HPS Investment Partners LLC won a court fight to replace the board of directors of bankrupt Redbox Entertainment Inc. and agreed to arrange a loan for the DVD rental company’s parent so that ...
4 days ago · The owner of Redbox has filed for bankruptcy with nearly $1 billion in debt, saying a group of lenders led by HPS Investment Partners was unwilling to consent to potential refinancings. Chicken ...
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