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Redbox, Crackle And Other Chicken Soup For The Soul Entertainment Assets Set For Post-Bankruptcy Auction
Chicken Soup for the Soul Entertainment. Later this month, the trademarks and assets of the company will go on sale at the offices a New York City law firm.
Along with Redbox, one notable brand in the mix is Crackle, an ad-supported streaming service launched 20 years ago and long operated by Sony Pictures Entertainment. In addition to engineering the reckless $375 million acquisition of Redbox, with most of the purchase price coming in the form of debt, Rouhana is accused by former workers of acting “in his own self-interest” and is alleged to have “deceived and manipulated the company” and its employees. Lantern, previously unknown in entertainment circles, then teamed with veteran production executive Gary Barber to launch Spyglass Media Group.
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