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The once ubiquitous Redbox's parent company, Chicken Soup for the Soul Entertainment, recently filed for Chapter 11 bankruptcy. That's becoming a liquidation amid allegations of mismanagement.
For example, Redbox currently estimates we will pay more than a combined $1 billion over the next five years to Sony, Lionsgate and Paramount to purchase and then rent new-release DVDs to consumers," [26] while Warner Bros. says the deals are proof that far from being shut out by Hollywood, "Redbox's business has thrived since its suit against ...
Universal was concerned that DVD kiosks jeopardize their profits from DVD sales and rentals, so they pressured VPD and Ingram, two of Redbox's major film distributors, to stop distributing to Redbox unless Redbox signs a Revenue Sharing Agreement to only obtain DVDs directly from Universal and only after 45 days of initial DVD release. Since ...
Call it Deadbox. In another nail in the coffin of physical media, Redbox is shutting down after more than two decades of serving up DVD rentals from thousands of kiosks across the U.S. Redbox’s ...
Lionsgate has signed a multi-year agreement with Redbox on its titles, including day-and-date distribution for its discs. Films from the studio will be available to rent at Redbox's 42,000 kiosks ...
The New Release was a company that owned and operated DVD rental kiosks. The company was based in Houston and was part of privately held TNR Entertainment Corp. TNR was acquired by NCR in 2009. [ 1 ] [ 2 ] NCR had in 2008 partnered with Blockbuster to establish a channel for kiosk DVD rentals, and TNR's acquisition furthered this aim. [ 3 ]
The buck stops here at Redbox. Renting a DVD from one of the shiny disc-spewing kiosks will set you back $1.20 a night starting this week, up from the round $1 price point that Redbox parent ...
Redbox’s newest addition to its famous DVD kiosks: viral TikTok videos. Redbox, looking for a new way to turn heads and generate incremental revenue, signed a deal with short-form video platform ...
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