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Redbox's owner files for bankruptcy after repeatedly missing payments and payroll: The company hasn’t paid employees in over a week and owes money to almost everyone in Hollywood ($970M in debt) (www.theverge.com)
submitted 2 years ago by to c/movies@lemmy.world
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[–] 16 points 2 years ago (1 child)

How can they still operate with 1B in debt? There's no way they are ever going to be able to repay that in a reasonable time frame

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  • [–] 29 points 2 years ago (1 child)

    obviously, they can't. that's why they filed for bankruptcy.

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