Redboxs signature DVD kiosks will soon light up again, at least in a legal sense.
(See a full list of assetsHERE.)
Auctions are a staple in all bankruptcies, but they have a colorful history in the entertainment business.
Redbox parent Chicken Soup for the Soul EntertainmentGetty Images
One recent example followed the meltdown of the Weinstein Co. following the litany of accusations against Harvey Weinstein.
The companys assets ended up being acquired out of bankruptcy in 2018 by Lantern Capital.
Lantern, previously unknown in entertainment circles, thenteamed with veteran production executive Gary Barberto launch Spyglass Media Group.