Redbox and its tens of thousands of nostalgia-laden movie-rental kiosks are shutting down, officially ending a vestige of the physical-media era.
The streaming and video rental company began in 2002 and peaked in 2013, best known for its bright-red touch-screen movie-rental machines that were fixtures across the country at stores such as Walmart and CVS. But Redbox will shutter operations as its parent company, Chicken Soup for the Soul Entertainment, or CSSE, filed to liquidate under Chapter 7 bankruptcy in Delaware bankruptcy court on Wednesday.
Style is where The Washington Post covers happenings on the front lines of culture and what it all means, including the arts, media, social trends, politics and yes, fashion, all told with personality and deep reporting. For more Style stories,Redbox was acquired by Chicken Soup for the Soul Entertainment in 2022 and became one of the company’s flagship video-on-demand streaming services.
The once-ubiquitous movie-rental service’s end is reminiscent of Blockbuster, the rental store chain that filed for bankruptcy protection in 2010 and closed almost all of its 9,000 stores as a result. OnlyNetflix, before exploding in popularity as a streaming service, also started out in the DVD-rental game, mailing TV show and movie rentals in red envelopes to subscribers
Redbox’s website no longer shows its kiosk movie offerings — or its kiosk locations — but the company did leave consumers with a short message,
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: WashTimes - 🏆 235. / 63 اقرأ أكثر »
مصدر: NBCNewsHealth - 🏆 707. / 51 اقرأ أكثر »