Redbox's owner files for bankruptcy after repeatedly missing payments and payroll: The company hasn’t paid employees in over a week and owes money to almost everyone in Hollywood ($970M in debt)
Redbox's owner files for bankruptcy after repeatedly missing payments and payroll: The company hasn’t paid employees in over a week and owes money to almost everyone in Hollywood ($970M in debt)
www.theverge.com Redbox’s owner files for bankruptcy after repeatedly missing payments and payroll
It owes money to Universal, Sony, Lionsgate, Warner Bros., and more.
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33 comments
How can they still operate with 1B in debt? There's no way they are ever going to be able to repay that in a reasonable time frame
17 1 Replyobviously, they can't. that's why they filed for bankruptcy.
29 0 ReplyThey should consider moving into their mom's basement too.
10 0 ReplyAnd cutting out the daily Starbucks. That stuff adds up.
1 0 Reply
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