Redbox missed a multimillion-dollar payment it couldn’t afford to miss
Redbox missed a multimillion-dollar payment it couldn’t afford to miss Photo by Smith Collection / Gado / Getty ImagesRedbox’s financial situation continues to spiral out of its control. On Thursday, a Los Angeles court entered a $16.7 million judgment against the company in favor of NBCUniversal, after Redbox failed to pay a scheduled installment of a settlement the parties reached earlier in May.
The missed payme...