Redbox Puts Customers First
Redbox Puts Customers First
OAKBROOK TERRACE, Ill., Aug. 7 /PRNewswire/ -- Despite 20th Century Fox's effort to delay consumer access to new release DVDs by 30 days at rental kiosks, redbox reaffirms its commitment to providing consumers new release DVDs. Redbox will protect consumers' rights to access new release DVDs at their preferred retail channel at the price the consumer deems reasonable. Redbox will continue to carry all major new releases, including 20th Century Fox titles, at the more than 17,000 redbox locations nationwide. The first priority at redbox is the customer.
Redbox Automated Retail, LLC, a wholly-owned subsidiary of Coinstar, Inc., offers new release DVD rentals through its network of conveniently located, self-service kiosks. Redbox is available at more than 17,000 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
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including phrases conveying expectation or intent and other expressions identifying future performance. Forward-looking statements are not guarantees of future performance which may vary materially from performance expressed or implied in the forward-looking statements. Differences may result from actions taken by Coinstar, Inc. and its subsidiaries, as well as those of third parties and from risks and uncertainties beyond our control. Such risks and uncertainties include, but are not limited to, the timing and availability of major new DVD releases, and the termination, non-renewal or renegotiation on materially adverse terms of contracts with our significant retailers or suppliers. The foregoing risks and uncertainties are illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review "Risk Factors" described in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission as updated in any subsequent Quarterly Reports on Form 10-Q. These forward-looking statements reflect Coinstar, Inc.'s expectations as of the date of this release. Coinstar, Inc. undertakes no obligation to update the information provided herein.
First Call Analyst:
FCMN Contact:
Source: Redbox Automated Retail, LLC
CONTACT: Chris Goodrich of JSH&A Public Relations, +1-630-932-1028, for
Redbox Automated Retail, LLC
Web Site: http://www.redbox.com/
Profile: International Entertainment
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