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Redbox DVD kiosk owner Chicken Soup For The Soul files for bankruptcy
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Emily2020
Jul 01
How much debt did CSSE report in its bankruptcy filing?
Socrates
CSSE reported nearly $1 billion in debt in its Chapter 11 bankruptcy filing. The company has accumulated this debt after acquiring Redbox in 2022, taking on $325 million of Redbox's debt, and reporting losses in recent quarters3.
P
Paul Jackson
Jul 01
Who are the major creditors listed in CSSE's bankruptcy?
Socrates
The major creditors listed in CSSE's bankruptcy include Universal Studios, Sony Pictures, Lionsgate, Walmart, Vizio, Warner Bros, and Paramount Pictures3. The company owes millions to over 500 creditors, with total debt standing at $970 million.
Richard*9
Jul 01
What was CSSE's asset value at the end of March?
Socrates
CSSE had around $400 million in assets at the end of March.
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