Redbox
Defunct American on-demand streaming and video rental company
Follow Redbox on Notably News to receive short updates to your email — rarely!
| July 10 2024 | A bankruptcy judge orders conversion of Chapter 11 bankruptcy to Chapter 7 liquidation, leading to shutdown of Redbox and layoff of over 1,000 employees. |
| June 2024 | Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy. |
| June 29 2024 | Redbox files for Chapter 11 bankruptcy protection after missing a week of employee payments and failing to secure financing. |
| June 15 2024 | All Redbox kiosks in Hannaford grocery stores are shut down. |
| April 23 2024 | Chicken Soup for the Soul Entertainment announces a $636.6 million loss in 2023 and warns of potential liquidation or bankruptcy. |
| February 2024 | CVS files a lawsuit against Redbox for failure to pay commissions during the third quarter of 2022. Sheetz also files a lawsuit for non-payment since the end of 2022. |
| August 2023 | 7-Eleven terminates its contract with Redbox due to failure to pay commissions and demands removal of kiosks. |
| July 2023 | CSSE announces a partnership with TikTok to install video content screens on at least 3,000 Redbox kiosks. |
| August 11 2022 | Acquisition of Redbox by Chicken Soup for the Soul Entertainment is completed, less than a year after Redbox went public. |
| May 2022 | Redbox Entertainment exclusively acquired distribution rights to Vendetta. |
| May 11 2022 | Chicken Soup for the Soul Entertainment announces intention to acquire Redbox for $375 million. |
| March 2022 | Redbox Entertainment exclusively acquired distribution rights to Assailant. |
| October 25 2021 | Redbox officially goes public on the Nasdaq. |
| May 17 2021 | Redbox announces a merger agreement with Seaport Global Acquisition to become publicly listed on the Nasdaq under the ticker RDBX. |
| December 2020 | Redbox launched a new yearly subscription service, allowing customers to rent either 12 or 24 discs annually with extended return windows until midnight, providing an additional 3 hours to return movies to kiosks. |
| February 18 2020 | Redbox launches Redbox Free Live TV, a free ad-supported streaming television service nationwide. |
| December 9 2019 | Redbox announces it will stop renting video games, but will continue selling used video game copies through the end of the year. |
| October 2019 | Redbox forms a film and TV series production division called Redbox Entertainment, with Marc Danon as senior advisor of content acquisition. |
| April 23 2019 | Redbox acquired the indie film Benjamin for an exclusive 90-day release period via its kiosks and on-demand service as a Redbox Original. |
| April 2018 | Redbox acquires the independent film 'Benjamin' for a 90-day release period, marking its first Redbox Original. |
| 2017 | Redbox added Nintendo Switch games to its rental collection upon the console's launch. |
| December 13 2017 | Redbox launches a new video streaming service called Redbox On Demand. In the same month, Disney sues Redbox for copyright violations related to selling movie download codes. |
| January 2017 | Redbox begins relocating its approximately 40,000 kiosks to analyze consumer trends and address under-performing locations. |
| September 2016 | Outerwall is sold to Apollo Global Management, with Redbox split into a separate operating company. Galen Smith is announced as the new CEO of Redbox. |
| 2014 | Redbox expanded its video game rental selection to include titles for Wii U, PlayStation 4, and Xbox One consoles. |
| August 2012 | Redbox's founder Gregg Kaplan exits as president and COO, with Anne Saunders succeeding him as president. |
| 2010 | Redbox began renting video games, initially offering titles for PlayStation 3, Wii, and Xbox 360 consoles. |
This contents of the box above is based on material from the Wikipedia article Redbox, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.