Features, News & Blogs
Although Outerwall investors have been dumping shares since the company cut its earnings and revenue forecasts for the fiscal year, analysts on Seeking Alpha say the company is in the pink — even while Redbox battles obsolescence with the rise …
Coinstar sheds inactive Blockbuster kiosksAccording to Home Media Magazine, Coinstar reported in a recent regulatory filing that it had sold an undisclosed number of Blockbuster Express kiosk units to third-party providers. In June 2012, Coinstar bought out more than 10,000 Blockbuster …
Coinstar held its investor conference this week and revealed it will continue the re-branding effort aimed at distancing the company from its namesake coin-counting kiosks. Coinstar's board will vote to approve the company's name change to Outerwall …
ELO Media, sellers of new and used DVD-rental kiosks, announced today its "Try Before You Buy" program that offers business owners a low-risk means of entering the DVD rental marketplace. The company has been in the DVD kiosk business since 2003 and …
Redbox revealed plans to install another 300 kiosks in Canada during the second quarter, according to globalpost.com. The announcement comes after parent company Coinstar reported its profits had fallen 58 percent during Q1. Last year, the company …
Redbox kiosks may already have taken a big blow from video streaming services, bizjournals.com reported. The company's first quarter ended on March 31, during which some analysts estimate it saw a 16 percent drop in revenue per kiosk. Average …
The wait is finally over: Redbox Instant by Verizon has ended its beta test and began commercial service yesterday. With only 4,600 streaming titles to start, Redbox Instant is seeking to differentiate itself from competitors by leveraging its …
Coinstar banking on automated retailIn the self-service kiosk industry, the future represents that pesky dint of uncertainty that spurs prognostication and speculation. But if any of the industry's fortune-tellers are correct, there is a good chance that automated retail will play a …
Flextronics, the manufacturer of Redbox DVD-rental kiosks, will shut down a plant in Granville County, N.C., according to a report on wraltechwire.com. The Singapore-based company filed notice of the plant closing last week, with no word on the …
The stability of Redbox parent company Coinstar is in jeopardy, a recent New York Post article said. Coinstar's CEO Paul Davis abruptly announced his departure earlier this month, along with the Starbucks veteran hired to lead the Rubi coffee kiosk …
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