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Home Technology

Redbox shuts down as its parent company declares Chapter 7 bankruptcy

10 July 2024
in Technology
Redbox shuts down as its parent company declares Chapter 7 bankruptcy
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Redbox, the popular DVD rental kiosk company, has officially shut down as its parent company, Outerwall, declared Chapter 7 bankruptcy. This news comes as a blow to movie lovers who have relied on Redbox for affordable rentals. The closure of Redbox marks the end of an era in the entertainment industry.

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Tags: BankruptcyChaptercompanydeclaresparentRedboxshuts
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