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☆ Redbox's parent company stopped paying employees for over a week before finally filing for bankruptcy
  + stars: | 2024-06-30 | by ( Lauren Edmonds | ) www.businessinsider.com   time to read: +3 min
Read previewRedbox's parent company hasn't paid its employees in over a week amid financial woes that ultimately resulted in Chapter 11 bankruptcy. Chicken Soup for the Soul Entertainment filed for bankruptcy protection on Friday, and Redbox Entertainment filed the following day, according to online records. Chicken Soup for the Soul Entertainment completed a $370 million deal to acquire Redbox Entertainment in 2022. AdvertisementRepresentatives for Chicken Soup for the Soul Entertainment did not respond to a request for comment from Business Insider. Chicken Soup for the Soul recently settled with NBC Universal but missed the first payment, according to the Verge.
Persons: —, hasn't, haven't, hadn't, Justin Sullivan Organizations: Service, Soul Entertainment, Redbox Entertainment, Business, Getty, Employees, Hollywood, NBC Universal
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