April 12, 2012 | 4:29 pm
Redbox’s parent company said that its financial results were better than projected in the first three months of the year as more people rented DVDs from the ubiquitous kiosks. Also, a workaround in its ongoing feud with Warner Bros. proved cheaper than expected.
Coinstar Inc. said its first-quarter revenue would [...]
By Associated Press, Published: March 1
LOS ANGELES — Cut-rate rental DVD kiosk operator Redbox said Thursday that it has renewed a deal to carry movies made by Universal Pictures 28 days after discs are made available for sale.
The deal extends through August 2014 a pact first made in April 2010.
Hollywood studios have differing views of [...]
Coinstar Inc., owner of the Redbox movie-rental kiosks, said fourth-quarter profit almost tripled and the company will buy the competing service operated by NCR Corp. (NCR) The shares soared.
Net income jumped to $31.5 million, or $1 a share, from $11.7 million, or 35 cents, a year earlier, which included a loss from discontinued operations, the [...]
At a time when the DVD appears to be dying, Redbox has acquired NCR’s entertainment business for $100 million.
Redbox will bolster its movie-kiosk business by acquiring Blockbuster Express.
NCR is a company that specializes in automatic teller machines and retail kiosks. If you used one of those self-serve ticket machines at an airport, chances [...]
October 27, 2011 | 4:15 pm
Say goodbye to $1-per-night DVD rentals.
Kiosk rental company Redbox said Thursday it is raising its standard price to $1.20 a day to cope with rising costs.
The company’s first price increase since it launched eight years ago comes as Redbox reported strong results for its third quarter ended Sept. 30, [...]
Saturday, 29 October 2011
Talk about the future of distribution of movie contents and all you hear these days is about finding workable commercial models for streaming to a variety of computer and hand-held devices. DVD-rentals seem to be “oh so yesterday.” Both the sale and rental of DVDs continue their steady decline. U.S DVD sales [...]
By Tim Carmody October 28, 2011 | 9:56 am
Warner Bros. wants the 28-day window between sales and rentals of new DVDs and Blu-ray discs it’s negotiated with Netflix and Redbox to be even longer — and it wants big retail chains like Blockbuster to submit to the [...]
Despite doubling redbox profits over the first quarter of 2011 and exceeding dividend expectations, the company failed to meet Wall Street earnings estimates and was punished with a 10 percent after-hours drop in stock value after the company pre-announced its earning expectations on July 21. By August 1, the decline had deepened to 15 percent, though this was almost certainly driven in part by an overall drop in the market during the U.S. debt ceiling crisis.
I’m no legal eagle, so there won’t even be an attempt to handicap this licensed trademark battle on my end. I will only argue that NCR must be doing well with the kiosks if it continues to expand this aggressively. Would a name change really be that detrimental?
By : Erik Gruenwedel | Posted: 23 Aug 2010
egruenwedel@questex.com
The continuing assault on packaged media has resulted in the current five-day window between a typical DVD/Blu-ray Disc release and subsequent video-on-demand offering, according to an analyst.
Since 2006, the window between the physical media retail date and cable VOD has shrunk from fewer than 45 days [...]
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