# @rap on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C9VaNHcPbyb
- **Gondola URL:** https://gondola.cc/posts/20581032-rap-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/276b15b04d.jpg
- **Posted:** 2024-07-12T19:33:33.000+00:00
- **Account Owner:** RapTV (@Rap) — https://gondola.cc/Rap

## Caption

#RedBox is shutting down after over 20 years of DVD rentals from thousands of kiosks across the U.S.‼️

According to Variety, Redbox’s network of 24,000 DVD rental kiosks and its streaming services will be shut down after its parent company, Chicken Soup for the Soul Entertainment, converted its Chapter 11 bankruptcy case to a Chapter 7 liquidation proceeding on Wednesday.

On Wednesday, Judge Thomas M. Horan of the U.S. Bankruptcy Court for the District of Delaware, who is overseeing Chicken Soup for the Soul’s bankruptcy case, granted the company’s request to convert to a Chapter 7 liquidation.

“There is no means to continue to pay employees, to pay any bills,” Horan said, per the Wall Street Journal.

Have y’all ever rented a DVD from RedBox⁉️

## Stats

- **Views:** 0
- **Likes:** 281,578
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- **Comments:** 2,718

## Tags

redbox

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