Like many of the video stores we used to love, Redbox is done.
Parent company Chicken Soup for the Soul Entertainment — a subsidiary of Chicken Soup for the Soul LLC but not the company that publishes the books — announced it’s moving from bankruptcy to liquidation as investors will no longer finance the DVD rental business, per The Wall Street Journal.
This is the end for Redbox’s 24k kiosks, streaming services, and 1k+ employees.
Read More...