REDBOX ENTERTAINMENT INC (RDBX)
US75724T1034 - Common Stock
REDBOX ENTERTAINMENT INC
NASDAQ:RDBX (8/10/2022, 8:09:16 PM)
After market: 1.655 +0.01 (+0.3%)1.65
-1.85 (-52.86%)
Company Profile
Redbox Entertainment, Inc. operates as an established brand and provider in the home video rental market in the United States. The company is headquartered in Oakbrook Terrace, Illinois and currently employs 1,408 full-time employees. The company went IPO on 2020-11-30. The firm is focused on providing its customers with entertainment, through physical media and/or digital services. The firm operates through two segments: Legacy Business and Digital Business. The Company’s Legacy Business operates a network of approximately 38,000 self-service kiosks where consumers can rent or purchase new-release DVDs and Blu-ray Discs (movies). The Company’s Digital Business segment provides both transactional and advertising-supported digital streaming services, which include Redbox On Demand, a transactional service which provides digital rental or purchase of new release and catalog movies and television (TV) content; Redbox Free On Demand, an advertising -supported service providing free movies and TV shows on demand, and Redbox Free Live TV, a free, advertising -supported television service giving access to over 130 linear channels.
Company Info
REDBOX ENTERTAINMENT INC
1 Tower Lane, Suite 800
Oakbrook Terrace ILLINOIS
P: 16307568000.0
Employees: 1408
Website: https://www.seaportglobal.com/
RDBX News
5 months ago - BloombergRedbox Owner to Be Liquidated Following Alleged MismanagementThe bankrupt owner of Redbox Entertainment Inc. will be liquidated, a judge ruled Wednesday, after lawyers for the company and lenders accused its former chief executive officer of mismanaging the business and failing to pay workers or fund their health benefits.
6 months ago - BloombergHPS Investment Fights for Control of Bankrupt DVD Company RedboxLawyers for HPS Investment Partners LLC said in federal court Tuesday that the former head of bankrupt Redbox Entertainment Inc. can’t be trusted and his handpicked board of directors should be replaced, after the DVD rental company failed to pay workers, fund their health insurance and diverted months worth of payroll taxes.
10 months ago - BloombergChicken Soup for the Soul Seeks New Equity Amid Cash CrunchChicken Soup for the Soul Entertainment Inc., the purveyor of self-help books and owner of DVD rental firm Redbox Entertainment Inc., is considering issuing new preferred equity among a range of options to stave off a cash crunch, according to people with knowledge of the matter.
a year ago - BloombergPJT Partners Sues M&A Client Redbox for $3 Million Unpaid FeePaul J. Taubman’s PJT Partners LP is suing client Redbox Entertainment Inc., which it advised on its 2022 sale, for around $3.4 million in fees the boutique investment bank says remains unpaid.
2 years ago - InvestorPlaceChicken Soup for the Soul Entertainment (CSSE) Stock Pops as Redbox Deal ClosesAs Redbox gets meme-stock treatment, CSSE stock could be next in line for a massive squeeze in the wake of a merger vote.
2 years ago - Chicken Soup for the Soul EntertainmentChicken Soup for the Soul Entertainment Completes Acquisition of Redbox Entertainment Inc.RDBX Twits
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