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Dubai News Club > Tech > Why Redbox has been powering down
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Why Redbox has been powering down

Press Room
Last updated: 2024/07/05
Press Room
Published: July 5, 2024
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Redbox’s field service technicians thought they had seen it all.

Stores had unplugged thousands of the company’s iconic red DVD rental kiosks. Payroll and expense reimbursements had been late. Several employees say their corporate gas cards have been declined. They had read article after article about companies suing Redbox and its corporate parent over unpaid bills. Some of them had dug into financial data, puzzling together an alarming picture of a company drowning in debt. Still, the…

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