Redbox parent company Coinstar released its third-quarter investor update today, and the news was stellar. 3Q revenue from Coinstar’s Redbox and much-smaller DVDXpress brands jumped to $198.1 million, a 90% increase over the $104.2 million earned in the same period in 2008.
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Archive for November, 2009
Retail giant Best Buy is getting into the increasingly crowded movie download business by way of a new partnership with CinemaNow.
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Through the deal, titles from CinemaNow’s video library will be streamed directly to consumers through devices purchased at Best Buy. These devices will include web-connected television sets, portable media players, PCs, Blu-ray players, set-top boxes and mobile phones from a wide array of manufacturers.
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The partnership is expected to launch very late this year or in early 2010.
Several commenters on this site have claimed recently that Redbox kiosks in their areas have been charging more than $1 per night for rentals. The kiosk vendor confirmed yesterday that it is currently testing two different pricing models, one in Albuquerque, New Mexico and one in Harrisburg, Pennsylvania. Kiosks in Albuquerque are charging $1.50 per night, and Harrisburg machines are charging $2 for the first night, with the customary $1 per night charge for additional nights. The higher test prices are for both new releases and catalog titles in both areas.
Unlike several other studios, Paramount has opted to take a measured approach to the rise of Redbox, and has declined to rush to judgment on the kiosk company’s impact on home video revenues. With the four-month “trial” period of the companies’ agreement coming rapidly to a close, however, Paramount will soon be deciding whether or not to continue distributing titles to Redbox for the long term. According to the press release put out by Redbox in August of this year, “Following the four-month trial period, PHE [Paramount Home Entertainment] has the option to extend the program to 2014, with an out clause after two years.”
Redbox announced today that it will be expanding its title offerings from two major film distributors: Summit Entertainment and NCircle Entertainment. The kiosk vendor has signed two-year distibution agreements with both companies, which will allow Redbox customers greater access to Summit and NCircle titles at Redbox’s network of nearly 20,000 kiosks.
Here we are at the beginning of a new month, and Redbox is gracing us with another free rental…
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Today’s code is:
TEGJ6FD [NOTE: multiple codes today, see comments]
Expires tonight (Monday, Nov 2) at midnight Central Standard Time.
What will you rent today?
Want more FREE movies?
Click here for more Redbox Codes
Here are your list of rentals coming to a Redbox near you this week.
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Remember, some titles such as “Aliens In The Attic” may be delayed a few days… What will you watch this week?
Command Performance Starring: Dolph Lundgren,Melissa Smith
Genre:
Release Year: 2009
movie details / trailer
Forrest Gump (1994) Starring: Gary Sinise,Tom Hanks
Genre: redbox Replay
Release Year: 1994
movie details / trailer
Hurricane in the Rose Garden Starring: Tangi Miller,Pascal Atuma
Genre:
Release Year: 2007
movie details / trailer
Paraiso Travel Starring: Ana de la Reguera,John Leguizamo
Genre:
Release Year: 2007
movie details / trailer
Planes, Trains and Automobiles (1987) Starring: John Candy,Steve Martin
Genre: redbox Replay
Release Year: 1987
movie details / trailer
School of Rock (2003) Starring: Jack Black,Joan Cusack,Sarah Silverman
Genre: redbox Replay
Release Year: 2003
movie details / trailer
The Marc Pease Experience Starring: Ben Stiller,Jason Schwartzman
Genre:
Release Year: 2009
movie details / trailer
The Taking of Pelham 1 2 3 Starring: Denzel Washington,John Travolta,John Turturro
Genre: Action,Crime,Thriller
Release Year: 2009
movie details / trailer
Thomas: Hero of the Rail Starring: Martin T. Sherman,Kerry Shale,William Hope
Genre:
Release Year: 2009
movie details / trailer
