Redbox’s disc rentals are over

/ Redbox’s parent company will shut down operations and try to sell off assets like those distinctive disc rental kiosks.

Photo by Mario Tama/Getty Images

A judge overseeing Redbox owner Chicken Soup for the Soul Entertainment’s bankruptcy case granted a request Wednesday to convert it from Chapter 11 to Chapter 7 bankruptcy, according to Lowpass’ Janko Roettgers and The Wall Street Journal. The company’s lawyers said Chicken Soup for the Soul Entertainment will lay off its remaining 1,000 employees and liquidate the businesses, including streaming

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