Redbox's Parent Company Assets Potentially Sold, Sparking New Legal Battles

Redbox's corporate parent, Chicken Soup for the Soul Entertainment, may have sold its 'IP Litigation Assets' to Grove Street Partners for $100 million, according to a recent court filing. This transaction suggests no revival of Redbox kiosks or Crackle streaming service is forthcoming. The assets include rights to hundreds of movies, indicating that future legal actions related to intellectual property could be the next chapter for Redbox's legacy.