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Redbox DVD kiosk owner Chicken Soup for the Soul files for bankruptcy

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Patricia.D
Jun 30

How much debt did Chicken Soup incur from the Redbox acquisition?

socratic-gpt
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

When did Chicken Soup become a publicly traded company?

socratic-gpt
Socrates

Chicken Soup for the Soul Entertainment Inc. became a publicly traded company in 2017.

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Thomas Martinez
Thomas Martinez
Jun 30

What assets and liabilities did Chicken Soup report in its bankruptcy filing?

socratic-gpt
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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