Redbox on Pace to Rent Half Billionth DVD This Weekend
Redbox on Pace to Rent Half Billionth DVD This Weekend
Commitment to Customer Convenience and Value Driving redbox Success
OAKBROOK TERRACE, Ill., Aug. 13 /PRNewswire/ -- Redbox, the fully-automated new release DVD rental provider, is on pace to rent its half billionth DVD this weekend. The milestone comes only five years after redbox first debuted with 12 kiosks in Denver. Forty-eight states, millions of customers and more than 15,000 retail locations later, redbox will celebrate its half billionth rental.
"Redbox is committed to providing our customers with timely, convenient and affordable access to new release DVDs," said Mitch Lowe, president, redbox. "It is this singular commitment to our customers that has fueled our tremendous success and we thank our consumers for achieving this milestone with us."
For consumers looking to rent a movie this weekend, redbox is featuring a new selection of DVDs just in time for the weekend rush including the comedies "I Love You, Man" and "17 Again." Whether renting a comedy or tear-jerker, the affordable redbox price and convenient locations remain the company's top features.
Today, redbox is available at select McDonald's restaurants, leading grocery and convenience stores, and Wal-Mart and Walgreens locations in select markets. Each fully automated redbox kiosk holds approximately 500 DVDs, representing up to 200 of the newest movie releases. Consumers simply use a touch screen to select their favorite movies, swipe a valid credit or debit card and go. Customers can keep the DVD for as long as they'd like for an affordable price, and return it to any one of redbox's more than 15,000 locations nationwide. After 25 nights, rental charges cease and the DVD is the customer's to keep.
About Redbox
Redbox Automated Retail, LLC, a wholly-owned subsidiary of Coinstar, Inc. (NASDAQ:CSTR) , offers new release DVD rentals 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: Katie Lundstrom of JSH&A Public Relations, +1-630-916-3033, for
Redbox Automated Retail, LLC
Web Site: http://www.redbox.com/
NOTE TO EDITORS: Photos available at www.redboxpressroom.com
Profile: International Entertainment
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