lakeeffect@lemmy.world to

Today I Learned@lemmy.worldEnglish · 5 months ago

TIL: The Chicken soup for the soul publisher owns redbox

www.foxbusiness.com

135

TIL: The Chicken soup for the soul publisher owns redbox

www.foxbusiness.com

lakeeffect@lemmy.world to

Today I Learned@lemmy.worldEnglish · 5 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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magnetosphere@fedia.io
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5 months ago
I refuse to go to foxbusiness.com to read the story, so I’ll just laugh at the headline. It’s probably the best part anyway.
- mosiacmango@lemm.ee
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  5 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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    5 months ago
    Buying Redbox in 2022 sounds like a joke in itself

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