Latest about Chicken Soup For The Soul Entertainment
The 20-year-old DVD kiosk rental biz, which peaked in 2012 with 43,500 locations nationwide, will be broken up and sold at auction
Company tells employees it can pay them through the end of next week
The missed payment comes after the company missed closing on a key forbearance agreement and fired most of its board of directors
William J. Rouhana, chairman and CEO of the Redbox parent company, is the only board member left
Yes, it does appear to be short-selling season for the troubled content company
Struggling operator of Redbox kiosks works with its primary lenders to buy some time
In a delayed 10-K filing, the streaming and Redbox kiosk company says that without additional financing, it will ‘likely diminish or halt operations’ and enter bankruptcy
Company’s stock has traded below $1 a share since mid-August
