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Chicken Soup for the Soul has accumulated nearly $1 billion in debt, the Chapter 11 filing submitted Friday in Delaware bankruptcy court shows, after reporting loss after loss over recent quarters.
Chicken Soup for the Soul owes money to more than 500 creditors, including entertainment companies such as Sony Pictures and Warner Bros. Discovery and retailers Walgreens and Walmart.
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, the parent company of the movie rental company Redbox, which is known for its distinctive red kiosks, filed for Chapter 11 bankruptcy protection on Friday.
Redbox owner Chicken Soup for the Soul files for bankruptcy as unpaid bills pile up Company is nearly $1 billion in debt, chapter 11 filing says. Published: July 1, 2024 at 4:38 p.m. ET.
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Chicken Soup for the Soul Entertainment, Parent of Redbox, Files for Chapter 11 Bankruptcy Disclosing Nearly $1 Billion in Debt - MSNChicken Soup for the Soul Entertainment, the entertainment company that operates Redbox, Crackle and other businesses, filed for Chapter 11 bankruptcy protection — after failing to pay employees ...
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Redbox Owner Chicken Soup For The Soul To Liquidate In Chapter 7 Bankruptcy Shift; Workforce Of 1,000 In Limbo Ahead Of Town Hall On Thursday - MSNRedbox 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 ...
Editor's note: Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy on Friday. This story was first published on March 31. Even after everything I'd learned about Chicken Soup ...
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 ...
Serra Mesa's Bianca Sanchez is a featured writer in "Chicken Soup for the Soul: What I Learned from My Dog," sharing a story about her poodle, Lady.
NEW YORK (AP) — Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection. The bankruptcy filing comes after months of a ...
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