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Redbox'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)

⁨87⁩ ⁨likes⁩

Submitted ⁨⁨10⁩ ⁨months⁩ ago⁩ by ⁨TheImpressiveX@lemmy.ml⁩ to ⁨movies@lemm.ee⁩

https://www.theverge.com/2024/6/29/24188785/redbox-bankruptcy-filing-dvds-chicken-soup-soul-entertainment

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  • Openopenopenopen@lemmy.world ⁨10⁩ ⁨months⁩ ago
    [deleted]
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    • Glowstick@lemmy.world ⁨10⁩ ⁨months⁩ ago

      I’d guess the answer is yes, but not nearly enough

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      • deepfriedchril@lemmy.world ⁨10⁩ ⁨months⁩ ago

        I liked occasionally getting the Blu-ray as quality is much better than streaming. The real issue was the selection sucked and they never really rolled out 4k uhd discs.

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  • NateSwift@lemmy.dbzer0.com ⁨10⁩ ⁨months⁩ ago

    I read that as Roblox and was very confused for a minute

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  • Glowstick@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Someone bought Redbox (the company) in 2022?! Why?!

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    • Steve@startrek.website ⁨10⁩ ⁨months⁩ ago

      Some kind of hide the money debt game I assume

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  • Blaze@reddthat.com ⁨10⁩ ⁨months⁩ ago

    Ouch

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