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Daniel Frankel

Redbox Is Officially Out of Business With Parent Company Chicken Soup’s Bankruptcy Devolving Into Liquidation

Redbox.

The 20-year-old DVD rental kiosk business Redbox will shutter, with a Delaware bankruptcy court judge approving parent company Chicken Soup for the Soul Entertainment's request to shift its proceedings from Chapter 11 restructuring to Chapter 7 liquidation. 

Also read: End of the Line for Chicken Soup — Redbox Owner Files for Bankruptcy

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