TheImpressiveX@lemmy.ml to

Movies@lemmy.worldEnglish · 1 year ago

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

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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

TheImpressiveX@lemmy.ml to

Movies@lemmy.worldEnglish · 1 year ago

Redbox’s owner files for bankruptcy after repeatedly missing payments and payroll

www.theverge.com

It owes money to Universal, Sony, Lionsgate, Warner Bros., and more.

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Richard@lemmy.world
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1 year ago
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

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