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Breaking: Redbox is shutting down, corporate parent is being liquidated

This is it for Redbox: The judge overseeing the bankruptcy case of Redbox’s corporate parent Chicken Soup for the Soul Entertainment granted the debtors request to convert it from a Chapter 11 bankruptcy to a Chapter 7 bankruptcy, effectively paving the way for shutting down the company and liquidating its assets. Chicken Soup for the Soul Entertainment’s CEO Bart Schwartz, who had only joined the company two weeks ago, stepped down this morning for unrelated reasons, according to the attorney ...

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