Redbox Is Closing All of Its Rental Kiosks

Redbox will be closing all of its DVD rental kiosks. The news arrives after the parent company of Redbox, Chicken Soup for the Soul Entertainment, moves to liquidate all of its assets.The company had originally filed for Chapter 11 bankruptcy but turned that into a Chapter 7 liquidation case. Upwards of 1,000 employees working at Chicken Soup for the Soul Entertainment have been laid off without severance pay.Redbox's business had already been declining for years as streaming has become the defa...