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National Post
National Post
29 Jun 2024


NextImg:Owner of DVD rental company Redbox and seller of self-help books Chicken Soup for the Soul files for bankruptcy

(Bloomberg) — Chicken Soup for the Soul Entertainment Inc. — the seller of self-help books, film and television content — filed for bankruptcy after failing to outrun a heavy debt load.

The media company filed for Chapter 11 protection in Delaware late Friday, listing assets and liabilities of at least $500 million each. The filing allows Chicken Soup to keep operating while it works on a plan to repay creditors.