A group of 11 former employees of bankrupt Redbox parent Chicken Soup for the Soul Entertainment have filed a lawsuit charging the company and ex-CEO Bill Rouhana with “greed at shocking levels.” The suit, filed in Los Angeles Superior Court by Michael Alder and Lani Levine of L.A. firm AlderLaw…

Redbox parent Chicken Soup for the Soul Entertainment has shifted its bankruptcy filing from Chapter 11 to Chapter 7, meaning it will liquidate its business. The company, sagging under the weight of nearly $1 billion in debt and a tall stack of unpaid bills, filed for bankruptcy protection on June…

Employees of Redbox parent Chicken Soup for the Soul Entertainment are on track to resume getting their regular pay and benefits under a loan agreement given initial approval by a bankruptcy court judge. The roughly 1,000 workers at the company have gone without pay for at least two weeks, in some…

EXCLUSIVE: Chicken Soup for the Soul Entertainment, which filed for Chapter 11 bankruptcy protection on Saturday, has installed a new CEO and board of directors. Bart Schwartz, whose business career has not included any significant media or entertainment experience, is stepping in to replace Bill…

After months of financial struggles, Redbox parent Chicken Soup for the Soul Entertainment has filed for Chapter 11 bankruptcy protection. The company relayed news of the Delaware court filing in a message to employees in the early hours of Saturday. “Overnight we filed for Chapter 11 bankruptcy…

EXCLUSIVE: In the latest sign of trouble for Redbox parent Chicken Soup for the Soul Entertainment, the company’s employees say they have not been paid in nearly a week and their medical benefits have been suspended. Eight current workers, all of whom wished to remain anonymous out of fear of…

Chicken Soup for the Soul Entertainment, the ailing parent of video kiosk operator Redbox and streaming services like Crackle and Popcornflix, has gotten rid of its entire board of directors. The only remaining board member, the company said in an SEC filing late Monday, is chairman and CEO Bill…

Chicken Soup for the Soul Entertainment, whose $375 million acquisition of Redbox closed about a year ago, delivered second-quarter financial results reflecting the company’s struggle to fully digest the deal. Citing a host of industry headwinds that have intensified since the transaction was…

Redbox parent Chicken Soup for the Soul Entertainment has set a deal with TikTok that will see the platform’s short-form videos stream on screens atop some 3,000 Redbox kiosks nationwide. Third-party brands will also have their ads run alongside the TikTok videos via Chicken Soup’s ad platform…

Chicken Soup For The Soul, owner of Redbox, Crackle and Screenvision and the self-described largest purveyor of content to" value-conscious consumers," saw sales soar to $110 million in the first quarter from $29 million. TVOD revenue is picking up, CEO Bill Rouhana told Wall Streeters, a precursor to a…

Chicken Soup for the Soul Entertainment’s stock plunged more than 40% in early trading Friday after the parent company of Redbox, Crackle and Screen Media announced a capital raise and reported fourth-quarter net losses. The quarterly red ink had largely been expected, but the more surprising news…

EXCLUSIVE: As crucial movie rental revenue finally starts to return, Redbox and Crackle parent Chicken Soup for the Soul Entertainment is taking steps to tighten its corporate belt. Chatter in media and entertainment circles has been growing louder as Chicken Soup’s stock has skidded to an all-time…