Chicken Soup for the Soul Entertainment, Inc. (CSSE)

As the stock market hits new highs in July, investors are riding a wave of optimism, closely tracking climbing indexes. Yet, beneath this bullish surface, some publicly traded companies are becoming bankruptcy risk stocks as they're grappling with the stark reality of financial distress.

Redbox parent Chicken Soup for the Soul Entertainment has shifted its bankruptcy filing from Chapter 11 to Chapter 7, meaning it will liquidate its business. The company, sagging under the weight of nearly $1 billion in debt and a tall stack of unpaid bills, filed for bankruptcy protection on June 29.

Employees of Redbox parent Chicken Soup for the Soul Entertainment are on track to resume getting their regular pay and benefits under a loan agreement given initial approval by a bankruptcy court judge. The roughly 1,000 workers at the company have gone without pay for at least two weeks, in some cases longer.

Another once-prominent company may soon be obsolete. Chicken Soup for the Soup Entertainment (NASDAQ: CSSE ) has officially filed for Chapter 11 bankruptcy protection as of yesterday, July 1.

NEW YORK — Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for chapter 11 bankruptcy protection.

Chicken Soup for the Soul Entertainment has filed for Chapter 11 bankruptcy in Delaware, with nearly $1 billion in debt, two years after purchasing DVD rental company Redbox.

EXCLUSIVE: Chicken Soup for the Soul Entertainment, which filed for Chapter 11 bankruptcy protection on Saturday, has installed a new CEO and board of directors. Bart Schwartz, whose business career has not included any significant media or entertainment experience, is stepping in to replace Bill Rouhana as CEO.

The owner of Redbox has filed for bankruptcy after accumulating nearly $1 billion in debt.

Chicken Soup for the Soul Entertainment (NASDAQ: CSSE ) stock is falling hard on Monday after the Redbox parent company announced a Chapter 11 bankruptcy filing. The filing reveals that Chicken Soup for the Soul Entertainment is struggling with massive amounts of debt higher than $1 billion.

After months of financial struggles, Redbox parent Chicken Soup for the Soul Entertainment has filed for Chapter 11 bankruptcy protection. The company relayed news of the Delaware court filing in a message to employees in the early hours of Saturday. “Overnight we filed for Chapter 11 bankruptcy protection,” the message said.

EXCLUSIVE: In the latest sign of trouble for Redbox parent Chicken Soup for the Soul Entertainment, the company's employees say they have not been paid in nearly a week and their medical benefits have been suspended.

Chicken Soup for the Soul Entertainment, the ailing parent of video kiosk operator Redbox and streaming services like Crackle and Popcornflix, has gotten rid of its entire board of directors. The only remaining board member, the company said in an SEC filing late Monday, is Chairman and CEO Bill Rouhana.

Hosted by Bethany Mota, the series features popular online influencers that include Kika Kim, Jordyn Jones and Jojo Sim WATCH THE TRAILER HERE LOS ANGELES , June 7, 2024 /PRNewswire/ -- Venture 10 Studio Group, in partnership with Wright Productions and Crackle, a division of Chicken Soup for the Soul Entertainment, today announced the second season of the hit reality series Follow Me will premiere exclusively on the free streaming service on June 13. Sponsored by Mars Wrigley, the 10-episode series shows fans what it takes to build a brand as an influencer in the social media age.

Chicken Soup for the Soul (NASDAQ: CSSE ) stock is falling on Thursday after the entertainment company received a delisting warning from the Nasdaq Exchange. Chicken Soup for the Soul was sent a notice on April 18 about a potential delisting due to the late filing of its annual report for 2023.

COS COB, Conn.--(BUSINESS WIRE)--Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEL, CSSEN) (the “Company”), one of the largest providers of premium content to value-conscious consumers, today announced that on April 18, 2024, the Company received a letter (the “Delinquency Letter”) from The Nasdaq Stock Market (“Nasdaq”) informing the Company that its securities may be delisted from the Nasdaq Capital Market due to the fact the Company's Annual Report on Form 10-K for fis.

One of today's biggest market movers is Chicken Soup for the Soul Entertainment (NASDAQ: CSSE ). While CSSE stock doesn't typically see much extreme price action, shares are skyrocketing today at levels impossible to ignore.