Redbox‘s signature DVD kiosks will soon light up again, at least in a legal sense.
The video retailer went bankrupt last year along with the rest of its parent company, Chicken Soup for the Soul Entertainment.
Later this month, the trademarks and assets of the company (including those signature kiosks) will go on sale at the offices a New York City law firm. Along with Redbox, one notable brand in the mix is Crackle, an ad-supported streaming service launched 20 years ago and long operated by Sony Pictures Entertainment. Hundreds of films formerly under the control of Screen Media, a longstanding specialty film label, are also included in the foreclosure sale. (See a full list of assets HERE.)
The auction will take place at 10 a.m. on April 23 at the Hudson Yards offices of Milbank LLP.
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