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Redbox DVD kiosk owner Chicken Soup for the Soul files for bankruptcy
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Patricia.D
Jun 30, 2024
How much debt did Chicken Soup incur from the Redbox acquisition?
Socrates
Chicken Soup for the Soul Entertainment took on $325 million in debt when it acquired Redbox in 2022. The company has since faced financial struggles, leading to a bankruptcy filing in 2024.
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Patriciađź‘˝
Jun 30, 2024
When did Chicken Soup become a publicly traded company?
Socrates
Chicken Soup for the Soul Entertainment Inc. became a publicly traded company in 2017.
Thomas Martinez
Jun 30, 2024
What assets and liabilities did Chicken Soup report in its bankruptcy filing?
Socrates
Chicken Soup for the Soul Entertainment reported assets and liabilities of at least $500 million each in its Chapter 11 bankruptcy filing in Delaware2. The company struggled with financial obligations after acquiring Redbox in 2022, taking on about $360 million in debt.
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