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Epix Veteran Phil Oppenheim Named Chief Content Officer at Chicken Soup for the Soul Entertainment

Chicken Soup for the Soul Entertainment, which owns Crackle, RedBox and a suite of free ad-supported streaming services, has hired Phil Oppenheim to be the company’s chief content officer. Oppenheim will be responsible for all content strategy across the company’s streaming and physical media brands, and will report to Chicken Soup for the Soul Entertainment […]

Crackle Owner Chicken Soup for the Soul Closes $375M Deal for Redbox

Crackle streaming service owner Chicken Soup for the Soul Entertainment has completed its acquisiton of DVD-focused entertainment firm Redbox to expand its footprint in free ad-supported streaming video. The deal, which will give Chicken Soup stockholders a 76.5 percent ownership of the combined company and Redbox stockholders the remaining 23.5 percent, is the result of […]

Crackle Owner Chicken Soup for the Soul Entertainment to Acquire Redbox

DVD-focused entertainment firm Redbox is set to get new ownership. The company, best known for its red kiosks which rent out DVDs of films and TV series, has agreed to be acquired by Chicken Soup for the Soul Entertainment, which owns the Crackle streaming service, among other properties (including, yes, the Chicken Soup for the […]

RedBox Stock Spikes Amid Retail Trader Interest

Shares of RedBox Entertainment have skyrocketed 120 percent in the past five days and analysts are calling on the formerly struggling company to seize the momentum. The stock surge comes after the DVD-kiosk rental company announced in April that it had secured an additional $50 million in financing, which could help support the company as […]

Redbox Cuts 150 Jobs Citing Pandemic Impact

Digital movie rental player Redbox Entertainment has cut 150 jobs to reduce operating costs amid the pandemic. On Friday, Redbox disclosed in a Securities and Exchange Commission filing that the workforce reduction, completed on March 29, came “in response to the ongoing adverse effects of the COVID-19 pandemic.” The company said the cost-cutting measure would […]

‘John Wick’ Producers Sign Output Deal With Germany’s Leonine

'John Wick' and 'Sicario' producers Basil Iwanyk and Erica Lee, through their Asbury Park Pictures label, have signed an output deal with German mini-major Leonine Studios.

Redbox Launches On Demand Service for Digital Movie Rental, Purchase

Films from Disney, which sued Redbox on Dec. 1 over the sale of movie download codes, are not currently available via Redbox On Demand.

Lionsgate Renews Redbox Distribution Deal

The 'John Wick' studio reupping its supply deal signals the DVD rental market lives on in the face of competition from Netflix and other new movie streaming services.

Redbox Parent Company Sold to Private Equity Firm for $1.6B

Outerwall, the parent company of the Redbox DVD and video game kiosks, had been exploring strategic and financial alternatives, including an outright sale of the company.

Redbox Parent Sees Lift in Stock on Search for Strategic Alternative

The company also said Monday that it doubled its quarterly dividend to 60 cents per share from 30 cents previously.

Redbox’s New Releases for January 2016

Here are the new releases coming to Redbox in January 2016.

Redbox President Mark Horak to Step Down

Parent Outerwall said the executive, who joined the DVD kiosk company in March 2014, is leaving as movie rentals fall short of expectations.