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Redbox’s disc rentals are over

Pour one out for Redbox.

The company’s lawyers said Chicken Soup for the Soul Entertainment will lay off its remaining 1,000 employees and liquidate the businesses, including streaming operations and the 24,000 or so disc kiosks that have rented out DVDs, Blu-rays, and videogames for years. Given the fact that there may also be at least the possibility of misappropriation of funds that were held in trust for employees, there is more than ample reason why this case should be converted.” In addition to operating Redbox, Chicken Soup for the Soul Entertainment also manages brands like Crackle and Screen Media.

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