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DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment market. Redbox’s parent company, Chicken Soup for the Soul ...
Redbox is shutting down its 24,000 DVD rental kiosks with parent Chicken Soup for the Soul Entertainment's Chapter 7 bankruptcy liquidation.
Redbox launched over 20 years ago and has rented over two billion discs across thousands of titles. That equates to Redbox DVD cases wrapping around the earth – twice.
Redbox’s parent company, Chicken Soup for the Soul Entertainment, changed its Chapter 11 bankruptcy case, filed last month, to a Chapter 7 liquidation case on Wednesday.
The corporation bought Redbox in 2020 despite the DVD rental service peaking in 2013 when it generated $1.97 billion in revenues and had an estimated 43,000 kiosks in locations throughout the ...
That equates to Redbox DVD cases wrapping around the earth – twice. This year, the most popular films at Redbox kiosks include The Super Mario Bros. Movie, Plane, and Cocaine Bear.
Call it Deadbox. In another nail in the coffin of physical media, Redbox is shutting down after more than two decades of serving up DVD rentals from thousands of kiosks across the U.S. Redbox’s ...
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