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Redbox owner Coinstar shares are rising

BusinessWeek is reporting that shares of Coinstar – partial owner of Redbox – have been upgraded to “Buy”. This has caused a jump in share prices. Apparently giving away free dvd rentals to all of us is a good business move!

Click here to read the full story.

So, maybe we should all go out and buy some shares of Redbox for ourselves. Looks like they may be valuable in the future. Way to go Redbox!

6 Responses to “Redbox owner Coinstar shares are rising”

  1. Visitor [Join Now]
    K.L Howard [visitor]

    DEAR REDBOX,

    TODAY I WENT TO RETURN A MOVIE. THE MOVIE WAS REJECTED.
    I WAS TOLD THE MACHINE “HAD BEEN DOING THIS ALL DAY”.
    A RUDE MAN ASKED ME TO MOVE-SO HE COULD RETURN HIS MOVIES-HE
    PLACED THEM IN-AND LEFT-THEY POPPED RIGHT BACK OUT AS MINE
    HAD DONE-NOT TO BRIGHT ON HIS PART-ESPECIALLY HIS COMMENT ABOUT
    ‘SEE IT IS EASY STUPID”. STUPID ON HIS PART INDEED-ANYONE
    DUMB ENOUGH TO NOT WAIT TO MAKE CERTAIN THEIR MOVIES WERE
    CHECKED BACK INTO THE MACHINE PROPERLY.
    AT ANY RATE, I TOOK THE MOVIES TO ANOTHER MACHINE-HIS AS WELL
    AND THEY WERE ACCEPTED AT ANOTHER MACHINE.
    PERHAPS HE WOULD HAVE LIKED TO HAVE HAD A 75.00 FEE ADDED TO HIS RUDE AND CRUDE DISPLAY OF HOW TO RETURN A DVD.
    THREE OTHER PEOLE WANTED TO “USE THE VIDEOS FOR THE NIGHT AND RETURN THEM THE NEXT DAY.
    IS THERE A POSSIBLE WAY FOR REDBOX TO HAVE A NOTATION ON THE MAIN SCREEN, TO TELL
    THOSE WHO ARE RETURNING DVD’S THAT THE SYSTEM IS DOWN?
    I WOULD HOPE, IF A MOVIE I HAD RENTED, SOMEONE WOULD HELP ME OUT IT THE SAME THING HAPPENED TO ME.
    NOT EVERYONE WOULD RETURN THE OTHER VIDEO’S WHICH IS SAD-BUT COULD HAVE EASILY HAPPENED.
    ALSO WHY IS A REDBOX NUMBER NOT EASILY AVAILABLE VIA THE INTERNET? WITH COINSTAR BEING A PARTIAL OWNER-SHOULD WE CALL THEM? I DID NOT WANT TO HAVE TO RUN DOWN AGAIN AND LOCATE A NUMBER ON THE MACHINE, OR CALL DIRECTORY ASSISTANCE AT 2.00.
    JUST WONDERING IN DENVER…
    THANKS K.L.

  2. Administrator
    Michael [administrator]

    The redbox phone number is definitely available online.

    You can easily find it on their website at http://www.redbox.com

    And, for future reference here, it is 1-866-REDBOX3

  3. Visitor [Join Now]
    Mary [visitor]

    Hi, I have just started to research Coinstar/Redbox for my portfolio. (I think I may go buy some stock tomorrow!) Is there a way for a person to own or franchise one (or more)of the Redbox Kiosks?? I would really like to know if I could get in this business. Anyone know what is the best way to go about this?

    Thanks. Nice website too.
    Mary

  4. Visitor [Join Now]
    Alex Mier [visitor]

    I tried to return my movie 1-04-09 about 4:30pm they told me the machine was broke down, and that it was nation wide. I tried to call the phone number on the dvd , and box, and it’s been busy since yesterday. So I don’t think we should be charged any extra day’s. Please let me know what to do with this dvd, because I don’t have all day and nite to keep calling a recording that tell me to call back later. I work and don’t have time for that. Please let me know when it’s fixed. Thanks.

  5. Visitor [Join Now]
    Mick J. [visitor]

    Does anyone have the stock ticker symbol for this REDBOX rental Kiosk? Or is it not available as a stock option, but parent company is? I an new to this Redbox and can only see this stock rising over the course of the next few years! Take head now if shares are indeed low, my fellow Americans!