Today I Learned@lemmy.worldEnglish · 4 months ago

TIL: The Chicken soup for the soul publisher owns redbox

www.foxbusiness.com

134

TIL: The Chicken soup for the soul publisher owns redbox

www.foxbusiness.com

lakeeffect@lemmy.world to

Today I Learned@lemmy.worldEnglish · 4 months ago

Redbox to be acquired by Chicken Soup for the Soul Entertainment for $375M

www.foxbusiness.com

The deal will be comprised of $50 million in Chicken Soup for the Soul Entertainment stock and the assumption of $325 million of Redbox's debt.

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mosiacmango@lemm.ee
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4 months ago
Best part is that they just went bankrupt after buying it in 2022 for 375 million dollars.
- Kusimulkku@lemm.ee
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  Buying Redbox in 2022 sounds like a joke in itself

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