Redbox To Be Acquired By Crackle Parent Chicken Soup For The Soul Entertainment In All-Stock Deal Focused On Value End Of Streaming Market

Redbox To Be Acquired By Crackle Parent Chicken Soup For The Soul Entertainment In All-Stock Deal Focused On Value End Of Streaming Market

In an all-stock deal struck designed for the current high-inflation economic environment facing streaming consumers, Crackle parent Chicken Soup for the Soul Entertainment is acquiring Redbox. The value of the deal is about $375 million, most of which is the assumption of Redbox debt. Founded in the heyday of DVDs two decades ago, Redbox is …

Redbox To Be Acquired By Crackle Parent Chicken Soup For The Soul Entertainment In All-Stock Deal Focused On Value End Of Streaming Market Read More »