In today’s top stories from Europe, the Middle East and Africa, FinTech provider FOO expands into Saudi Arabia to help that country with its digital transformation. Also, Saudi Arabia’s RedBox raises $5 million to help its Middle Eastern expansion efforts, and Egyptian health platform Esaal...
RedBox, a smart parcel locker provider based in Saudi Arabia, has raised $5 million in a Series A funding round. As Magnitt reported Wednesday (May 25), the company works with last-mile services and allows customers to collect shipments from lockers in 18 cities throughout the...
Redbox, which operates a nationwide network of entertainment kiosks, said on Monday (May 17) that it has entered into a definitive deal to merge with publicly traded special-purpose acquisition company (SPAC) Seaport Global Acquisition Corp., according to an announcement. The deal has gotten the unanimous...
Redbox has debuted on-demand movies and TV shows to its ad-supported streaming service Redbox Free Live TV, a report from Engadget says. Users can download the Redbox app and access VOD freebies through the “Free on Demand” tab and then access free shows and movies...
August 25, 2017
Movie theaters may have been under the impression that services like Netflix and Redbox were to blame for declining attendance, especially from millennials. After all, millennial movie attendance has dropped more than 20 percent over the past five years. But ask the millennials and it becomes clear. Netflix and Redbox didn’t kill traditional moviegoing — theaters […]
June 30, 2024
Redbox’s parent has reportedly filed for bankruptcy protection after defaulting on loans and missing payroll. Chicken Soup for the Soul Entertainment, which acquired the DVD rental kiosk company in 2022, told employees of its bankruptcy plans late Friday, The Verge reported Saturday (June 29), citing an internal email. The company says it has filed for […]
May 25, 2022
RedBox, a smart parcel locker provider based in Saudi Arabia, has raised $5 million in a Series A funding round. As Magnitt reported Wednesday (May 25), the company works with...
May 17, 2021
Redbox, which operates a nationwide network of entertainment kiosks, said on Monday (May 17) that it has entered into a definitive deal to merge with publicly traded special-purpose acquisition company...
December 09, 2020
Redbox has debuted on-demand movies and TV shows to its ad-supported streaming service Redbox Free Live TV, a report from Engadget says. Users can download the Redbox app and access...
