Long Journey For Redbox : Being Acquired After A Failed Attempt At Moving From Analog To Digital

After posting adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation & Amortization) of -$15 million in 2021, down from $114 million in 2020 and the outlook for 2022 not looking positive, Redbox is being sold for a song to Chicken Soup for the Soul, the owner of Crackle in a $375 million ...