May
11
Chicken Soup for the Soul Entertainment Buys Redbox in Streaming Consolidation
Posted in: UncategorizedChicken Soup for the Soul Entertainment is buying Redbox, another indicator of consolidation in the streaming industry. Top line The all-stock transaction will have the Crackle parent company acquire the platform in a $375 million deal, most of which is the assumption of Redbox debt. Between the lines Redbox has more than 38,000 kiosks nationwide…
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