After months of dancing around the negotiating table, Redbox and Warner have finally come to terms on a new distribution agreement for the latter’s movies.
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Under a new two-year agreement, the financial terms of which were not revealed, Redbox will offer new release Warner DVDs and Blu-rays 28 days after they are available for sale.
Ron Sanders, president of Warner Bros. Worldwide Home Entertainment Distribution, said the following about the deal:
“Redbox is an important partner . . . And I am very pleased that we have finalized a new agreement.
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Mark Horak, president of Redbox and a former executive at Warner, was also excited about the deal and Redbox’s position in the industry:
“Redbox remains committed to driving substantial industry revenue and providing consumers with affordable access to new-release movies,”
Now that Warner and Redbox are friends again, do you think other studios will want to continue their association with Redbox?
[via Home Media Magazine]
If the studios do not plan on establishing their own streaming platform, they will continue with Netflix or Amazon or…….
Warner Bros has a streaming deal going now. Warner Archives..
But it is old movies & Tv shows. Right now. But they are not renewing all kinds of things with NetFlix.. They will have a Online deal like NetFlix in the years to come. All the Warner Bros TV shows & movies will be on it..
But for now I will keep NetFlix. And my Warner Archives..
And when RedBox get’s things. NetFlix will get it also…
I will just get it from NetFlix in the mail.
I still think RedBox’s days are numbered unless they do something to get more people.