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 [...]
January 31, 2012 | 11:53am
Warner Bros.’ deal with Redbox has expired with the two companies still at odds over how long consumers should wait to rent DVDs for $1.20 a night.
As a result, kiosk rental company Redbox will have to buy Warner DVDs from retailers like Wal-Mart at a higher price but will no longer [...]
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, [...]
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 [...]
The suit, first filed in early 2009, accuses Wal-Mart and Netflix of creating a monopoly and violating antitrust law when Wal-Mart turned over its DVD rental business to Netflix in 2005.
In August, Judge Robert Kugler allowed Redbox’s allegations of antitrust violations against Universal to go forward, writing that “The court is convinced that plaintiff sufficiently pleaded that Universal has induced or otherwise convinced others to boycott Redbox in distribution of Universal DVDs, producing anti-competitive effects.”
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