Tag: Chicken Soup for the Soul Entertainment

Why Walmart Should Buy Redbox

Kirby Grines
Kirby Grines explores why Walmart should consider acquiring Redbox from Chicken Soup for the Soul Entertainment, which is currently facing bankruptcy. Redbox's strong presence in middle America and its DVD rental kiosks would complement Walmart's retail network and enhance its…

Why Redbox has been powering down

The Verge
Redbox technicians faced a sudden work stoppage in June due to severe financial troubles. Chicken Soup for the Soul Entertainment, which acquired Redbox in 2022, filed for bankruptcy with nearly $1 billion in debt. Issues include unpaid payroll, lapsed health…