Another victim of streaming services falls as Redboxs parent company Chicken Soup for the Soul Entertainment files for bankruptcy.

The parent company filed for Chapter 11 bankruptcy protection on June 29, according to a report fromDeadline.

The judge also noted that there might have been a possible misappropriation of funds.

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Photo: Colleen Michaels (Shutterstock)

In its heyday in the early 2010s, Redbox hadmore than 43,000 locations.

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