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Broadcasting & Cable

Business

Daniel Frankel

Redbox/Chicken Soup Survival Quest Becomes More Dire as Company Misses $4 Million Payment to NBCU

Chicken Soup Redbox

Redbox.

The fate of Redbox and its parent company, Chicken Soup for the Soul Entertainment, has somehow become seemingly even more dire, with the DVD rental kiosk company missing a key payment deadline last week to NBCUniversal.

Last week, a Los Angeles Superior Court ordered "Redbox Automated Retail" to pay the entire $16.7 million it owes the conglomerate after it missed paying a $4 million installment. (Lowpass newsletter publisher Janko Roettgers got ahold of the complaint first and published it here.)

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