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In Friday's filing, Chicken Soup for the Soul noted that it currently operates about 27,000 kiosks across the U.S. — down from 36,000 at the Redbox acquisition was finalized in August 2022.
In May 2022, Chicken Soup For The Soul Entertainment purchased Redbox for $375 million. And now, the company is going bankrupt and killing Redbox in the process.
Chicken Soup for the Soul Entertainment has filed for Chapter 11 bankruptcy in Delaware, with nearly $1 billion in debt, two years after purchasing DVD rental company Redbox.
Chicken Soup for the Soul saw rapid growth after going public in 2017, when its investors included Ashton Kutcher, with its annual revenues soaring from less than $10 million to more than $294 ...
Read an excerpt from a book about love, graditude and family. May 5, 2010— -- The authors of "Chicken Soup for the Soul" compiled stories about love, compassion and, most of all, mothers. In ...
Chicken Soup for the Soul — the Connecticut-based conglomerate known for its namesake series of self-help books, ad-supported streaming services (like Crackle) and pet food — acquired Redbox ...
Employees of Redbox parent Chicken Soup for the Soul Entertainment are on track to resume getting their regular pay and benefits under a loan agreement given initial approval by a bankruptcy court ...
Redbox parent Chicken Soup for the Soul Entertainment has shifted its bankruptcy filing from Chapter 11 to Chapter 7, meaning it will liquidate its business. The company, sagging under the weight ...
After filing for Chapter 11 bankruptcy on Saturday, Chicken Soup for the Soul Entertainment — the parent company of RedBox — is enlisting Bart M. Schwartz as its new CEO.
In Friday’s filing, Chicken Soup for the Soul noted that it currently operates about 27,000 kiosks across the U.S. — down from 36,000 at the Redbox acquisition was finalized in August 2022.
Chicken Soup for the Soul Entertainment (CSSE) revealed in a filing that it has nearly $1 billion in debt and owes millions of dollars to several entertainment companies including the BBC and Sony ...
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