@[email protected] to MoviesEnglish • 8 months agoRedbox's owner files for bankruptcy after repeatedly missing payments and payroll: The company hasn’t paid employees in over a week and owes money to almost everyone in Hollywood ($970M in debt)www.theverge.comexternal-linkmessage-square33fedilinkarrow-up1234arrow-down13cross-posted to: businesstechnology[email protected][email protected]
arrow-up1231arrow-down1external-linkRedbox's owner files for bankruptcy after repeatedly missing payments and payroll: The company hasn’t paid employees in over a week and owes money to almost everyone in Hollywood ($970M in debt)www.theverge.com@[email protected] to MoviesEnglish • 8 months agomessage-square33fedilinkcross-posted to: businesstechnology[email protected][email protected]
minus-square@ricdehlinkEnglish16•8 months agoHow can they still operate with 1B in debt? There’s no way they are ever going to be able to repay that in a reasonable time frame
minus-squareASeriesOfPoorChoiceslinkEnglish29•8 months agoobviously, they can’t. that’s why they filed for bankruptcy.
minus-squareBlackoutcakelinkfedilink10•8 months agoThey should consider moving into their mom’s basement too.
minus-squarePorto881linkEnglish1•8 months agoAnd cutting out the daily Starbucks. That stuff adds up.
How can they still operate with 1B in debt? There’s no way they are ever going to be able to repay that in a reasonable time frame
obviously, they can’t. that’s why they filed for bankruptcy.
They should consider moving into their mom’s basement too.
And cutting out the daily Starbucks. That stuff adds up.