A little-known company wants to spend $100 million to go after internet providers that allegedly ignored DMCA notices. There's a new twist in the long and winding saga of Redbox's demise: Assets originally belonging to the company's corporate parent, Chicken Soup for the Soul Entertainment, may have finally found a buyer. But don't expect a resurrection of Redbox's red kiosks, or Chicken Soup's Crackle streaming service, any time soon.
No details of the settlement have so far been released, but a court filing on Monday confirmed that the Internet Archive and UMG Recordings, Capitol Records, Sony Music Entertainment, and other record labels "have settled this matter." More details may come in the next 45 days, when parties must submit filings to officially dismiss the lawsuit, but it's unlikely the settlement amount will be publicly disclosed.