Outerwall Slashes Guidance on Weak Redbox DVD Rentals
Outerwall Inc. lowered its financial guidance Monday and said the head of its Redbox division was leaving as DVD rentals from its kiosks plummet.
Source: www.nytimes.com
Category Archives: DVD Kiosk
Redbox Outerwall ‘explore strategic & financial alternatives,’
Redbox Photo Outerwall, the Bellevue, Wash.-based parent company of Coinstar, Redbox and other automated kiosks, says it “has initiated a process to explor
Source: www.geekwire.com
Outerwall, the Bellevue, Wash.-based parent company of Coinstar, Redbox and other automated kiosks, says it “has initiated a process to explore strategic and financial alternatives to maximize shareholder value” — raising the possibility, at least, that the company could be sold.
DVD Kiosk – Why Redbox Is Having Serious Problems
Since the advent of the VCR, movie rentals have been big business. However, as technology has changed the way that people accessed those rentals has evolved. Now it looks like we may be on the verge of another major change in the industry.
Source: www.cinemablend.com