They more than likely took loans out to buy tbe dvds in bulk instead of paying up front. That’s why everyone in hollywood is owed money, they paid a bit up front and then promised the rest later.
I think it’s that the parent company took out huge loans to buy Redbox. And that’s the streaming service they setup has ongoing costs and overhead, like licencing. And the loans they took out to make their own content.
They more than likely took loans out to buy tbe dvds in bulk instead of paying up front. That’s why everyone in hollywood is owed money, they paid a bit up front and then promised the rest later.
I think it’s that the parent company took out huge loans to buy Redbox. And that’s the streaming service they setup has ongoing costs and overhead, like licencing. And the loans they took out to make their own content.