Redbox owner Chicken Soup for the Soul files for Chapter 11 bankruptcy protection
Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection. The bankruptcy filing comes after months of a series of financial struggles for the company and piling unpaid bills. Chicken Soup for the Soul has accumulated nearly $1 billion in debt, the Chapter 11 filing submitted Friday in Delaware bankruptcy court shows. The filing also discloses that Chicken Soup for the Soul owes millions to over 500 creditors — which range from... Читать дальше...