Chicken Soup for the Soul Entertainment took on $325 million in debt when it acquired Redbox in 2022. The company has since faced financial struggles, leading to a bankruptcy filing in 2024.
Chicken Soup for the Soul Entertainment Inc. became a publicly traded company in 2017.
Chicken Soup for the Soul Entertainment reported assets and liabilities of at least $500 million each in its Chapter 11 bankruptcy filing in Delaware2. The company struggled with financial obligations after acquiring Redbox in 2022, taking on about $360 million in debt.