Federal Court Rules Redbox Can Pursue Antitrust Suit Against Universal Studios Home Entertainment
Federal Court Rules Redbox Can Pursue Antitrust Suit Against Universal Studios Home Entertainment
OAKBROOK TERRACE, Ill., Aug. 17 /PRNewswire/ -- The United States District Court for the District of Delaware announced today that it has denied Universal Studios Home Entertainment's motion to dismiss the antitrust lawsuit filed by redbox.
"The Federal Court's decision marks an important step forward in our effort to protect consumers' right to convenient, affordable access to new release DVDs at redbox locations nationwide," said Mitch Lowe, president, redbox. "We appreciate the Court's thoughtful review of this issue and look forward to pursuing our claim and protecting our consumers' rights."
A copy of the decision can be found at www.savelowcostdvds.com, a site dedicated to educating the public on redbox's effort to protect consumers' rights against studio action.
About Redbox
Redbox Automated Retail, LLC, a wholly-owned subsidiary of Coinstar, Inc. (NASDAQ:CSTR) , offers new release DVD through its network of conveniently located, self-service kiosks. Redbox is available at more than 15,000 locations nationwide, including select McDonald's restaurants, leading grocery and convenience stores, and Wal-Mart and Walgreens locations in select markets. For more information, visit www.redbox.com.
First Call Analyst:
FCMN Contact:
Source: Redbox Automated Retail, LLC
CONTACT: Chris Goodrich, JSH&A Public Relations, +1-630-932-1028, for
Redbox Automated Retail, LLC
Web Site: http://www.redbox.com/
http://www.savelowcostdvds.com/
Profile: International Entertainment
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