@[email protected] to Home Video (VHS, DVD, Blu-ray, 4k)@feddit.uk • 6 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-square2fedilinkarrow-up130arrow-down11cross-posted to: businesstechnologymovies[email protected]
arrow-up129arrow-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 Home Video (VHS, DVD, Blu-ray, 4k)@feddit.uk • 6 months agomessage-square2fedilinkcross-posted to: businesstechnologymovies[email protected]
minus-square@[email protected]linkfedilink7•6 months ago Chicken Soup took on $325 million in debt when it acquired Redbox in 2022 and has since been sued over a dozen times over unpaid bills.
minus-square@[email protected]linkfedilink5•edit-26 months agoYeah. It’s not clear whether RedBox was really doomed to fail, before it was purchased by a scammer investor. Sad, either way.
Yeah. It’s not clear whether RedBox was really doomed to fail, before it was purchased by a scammer investor.
Sad, either way.