Redbox At Walmart Near Me (2024)

FAQs

Why is Redbox not at Walmart anymore? ›

Redbox is no more. The DVD kiosk-rental business is shutting down after its parent company converted its bankruptcy filing to Chapter 7 liquidation. The number of Redbox kiosks had grown to about 34,000 across the US, largely located at grocery and drug stores.

Redbox, those familiar kiosks that dispense DVDs and Blu-Rays at Walmart and convenience and grocery stores around the country, has finally succumbed to the digital revolution with Redbox closing.

DVD rental service Redbox is set to shut down after 22 years in business, as streaming continues to dominate the at-home entertainment market.

Redbox closing after 22 years in business, shutting down all 24K DVD rental kiosks. Updated: Jul. 15, 2024, 11:43 a.m.

The number of DVD kiosks operated by the company declined from 36,000 at the time of the acquisition to 27,000 at the end of March. The pandemic-induced movie shortage, combined with a declining number of kiosks, led to continued revenue decline. Already loaded with debt, Chicken Soup quickly ran out of money.

Its parent company, Chicken Soup for the Soul Entertainment, reported nearly $1 billion in debt. Redbox and its tens of thousands of nostalgia-laden movie-rental kiosks are shutting down, officially ending a vestige of the physical-media era.

CSSE purchased Redbox in 2022 during a $375 million acquisition deal, with the hope of returning to pre-pandemic numbers — but it also took on around $360 million in debt.

NBCUniversal sued Redbox over unpaid DVD and online rental royalties in February. The studio alleged in its complaint that Redbox had stopped paying royalties “around the summer of 2022” and that it was owed around $16.7 million altogether.

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.

What happens if you rent a Redbox movie and never return it? ›

For each day you keep a rental, you'll be charged for another rental period + applicable tax.

The rental period is different for each location, but the most common is 17 days for movies and 23 days for games. After those days you will be charged for maximum charge and the disc is yours to keep.

As Variety reports, Redbox's parent company, Chicken Soup for the Soul Entertainment, changed its Chapter 11 bankruptcy case to Chapter 7 yesterday. As a result, Rebdox will shut down all its DVD rental kiosks and streaming services. Redbox was launched in 2002.

A credit card or debit card is required to rent movies, even if you are using a promo code / Redbox Perks.

Redbox Promo Codes

Text VALPAK, EMAIL, FREEBIE, PUSH, MOVIE, MOVIENIGHT, MOVIE TIME, or DEAL to 727272 and you'll get back a unique code that you can use to get a free 1-night DVD rental. The code can also be used for $1.50 off a Blu-ray or game rental.

(WJET/WFXP) — Less than two weeks after filing for bankruptcy, Redbox's parent company has now filed to liquidate the company. This liquidation also includes its 24,000 bright-red movie rental kiosks that you can find all over the United States.

According to reports from Deadline, the company initially hoped to stay afloat by selling some assets and keeping about 100 employees. However, the final decision was to let all 1,000 employees go and shut down all 24,000 kiosks.

(CNN) – Redbox, the DVD kiosk-rental business is shutting down after its parent company converted its bankruptcy to chapter 7 liquidation.