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Redbox is the latest home video rental enterprise to bite the dust. A little more than a week after its parent company, Chicken Soup for the Soul Entertainment, filed for bankruptcy, the DVD kiosk ...

As the home video market shrank throughout the 2000s and 2010s, Coinstar eventually sold Redbox off to Apollo Global Management in 2016, who in turn sold it to Chicken Soup for the Soul in 2022.

Chicken Soup for the Soul also operates ad-supported streaming and video on-demand offerings. That includes Redbox Live TV and Crackle, a streamer that Chicken Soup for the Soul acquired from Sony.

There are about 34,000 rental kiosks across the country. The company also owns Chicken Soup for the Soul and Crackle, both video-on-demand services, The Wall Street Journal reported.

Chicken Soup for the Soul Entertainment (CSSE) revealed in a filing that it has nearly $1 billion in debt and owes millions of dollars to several entertainment companies including the BBC and Sony ...