Comments on: Coinstar to Own 100% of Redbox, Earnings Up 374%

By: LuvLee

LuvLee — Sat, 21 Feb 2009 19:58:11 +0000

now that coinstar owns it, is anything goingto change with Redbox?? i hope not.. unless there is some way to make it better.

By: john dice

john dice — Wed, 18 Feb 2009 14:56:36 +0000

You dont own a RedBox, you just house a box. You can go to the site and request one for you, they will look into for you.

By: qatester2005

qatester2005 — Wed, 18 Feb 2009 04:21:53 +0000

I work for Coinstar and we are very proud to have Redbox as part of our family as for a indivual IPO I don’t think so. There are new things to come in the future for redbox but, you will see them later. As for Redbox being a leader aren’t we already!

By: Todd

Todd — Tue, 17 Feb 2009 03:07:10 +0000

If you are interested in having a redbox, go to http://www.redbox.com, scroll to the bottom of the page and on the right side you will see a link that says “Get a Redbox” – just click the link, answer some questions, and there ya go…..

By: rose4849

rose4849 — Mon, 16 Feb 2009 19:20:20 +0000

how do you become an owner of red box ?

By: Davis Freeberg

Davis Freeberg — Fri, 13 Feb 2009 18:06:10 +0000

I have a funny feeling that this is their IPO. Blockbuster first went public via a similar reverse merger as well. Coinstar has other businesses, but instead of spinning Redbox off, they’ll probably assume complete control or the business and build it out further. They could still end up selling Redbox to someone else, but why bother when they are producing that kind of cash? When you consider that Coinstar bought their first stake for $20 million, today’s purchase price may seem expensive, but when you look at the financial multiples, it’s clear that Coinstar is getting a pretty good deal on the transaction. Certainly, their investors think so. Their stock is up over 20% on the news and most companies tend to see their stock go down when they acquire another business. It will be interesting to see what 100% ownership means for Redbox’s operations, but already Coinstar has made a killing on this investment. Hopefully, they won’t make too many organizational changes. What Redbox’s management team has created is nothing short of impressive. It’d be nice to know whether or not McDonalds threw in a long term deal with Redbox before giving up their equity.

By: thoughtbeast

thoughtbeast — Fri, 13 Feb 2009 15:37:02 +0000

I’ll buy Redbox stock if Coinstar spins them off into their own IPO. Yes, definitely!