Redbox to remove 500 DVD kiosks

Redbox is to remove over 500 DVD rental kiosks in the U.S. during 2014, The Wall Street Journal reports. According to The Journal, Redbox, which is owned by Outerwall, installed more than 40,000 DVD rental kiosks in grocery stores, 7-Elevens and Walmarts in the last seven years.

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Outerwall gets back to basics

The company wrapped up 2013 a few kiosk ventures short, shifting focus to the ecoATM and its core businesses.

Globox picks up where Redbox left off

The startup caters to diverse ethnic populations who are underserved by the mainstream films offered by Redbox.

How self-service networks can learn a thing or two from smartphones

If you want to take a look at the true potential of self-service networks, it's important to look at how the smartphone functionality is evolving. Even though smartphones are focused primarily on private, individual use and self-service digital networks are...

The Olympic impact on Coinstar's Q3 report

A lack of new releases for Redbox and record viewership of the Olympics led to a stagnant Q3.

Coins, coffee and concerts: Coinstar's on the move

Coinstar converts more businesses into self-service kiosks with Rubi and Redbox Tickets.

Redbox responsible for Coinstar's Q2 growth

Q2 earnings call detailed the company's new ventures, didn't address streaming service scheduled to launch this year.

Redbox sets sights on Canada

Will the retail giant push out the smaller competition?

Movie tickets coming soon to a redbox near you?

??Coinstar has made many a headline lately with its plans to broaden its kiosk businesses. It's been testing coffee and gadget-dispensing kiosks but now may add movie tickets to its growing list of products, according to a blog posted today...

Coinstar counting on new kiosk concepts to expand footprint

Movie rentals and coin counting aren't the only markets Coinstar hopes to dominate.

Redbox dominating DVD kiosk market

The DVD Kiosk business made significant headlines this week with the major announcements of redbox's acquisition of the NCR Blockbuster Express network of DVD kiosks, as well as a partnership with Verizon to extend their entertainment services into the Digital...

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NEWS


Redbox president exits company as Outerwall plans workforce reduction

Redbox is now without an acting president, as Outerwall announced that Anne Saunders has left the company. Outerwall CEO Scott Di Valerio will oversee Redbox operations until a replacement is named. "I am confident in the future of Redbox and...

Redbox Instant by Verizon now available on PS3

Redbox Instant by Verizon has officially rolled out the PlayStation 3 computer entertainment system. For $8 a month, a Redbox Instant by Verizon subscription plan includes four new release rentals at any Redbox kiosk nationwide, plus the ability to stream...

Outerwall shares take a beating, but analysts remain optimistic

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...

Redbox battles kiosk scammers

When Redbox began renting video games in 2011, it's unlikely the company was prepared for the onslaught of scam artists bent on duping the kiosks out of a game disc. Now, two years in to the game rental service, Redbox...

Global Axcess agrees to sell ATM business to FCTI, files for bankruptcy

Global Axcess Corp., a provider of ATM services and DVD self-service kiosks, has entered into an asset purchase agreement with Financial Consulting & Trading International Inc. Under the agreement, FCTI will acquire substantially all of the assets of the company's ATM business for aggregate consideration of $10 million.  Global Axcess Corp.

Coinstar sheds inactive Blockbuster kiosks

According 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 Express kiosks from NCR Corp.

Coinstar will shuffle Redbox locations, continue with re-branding efforts

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.

ELO Media launches 'try before you buy' for interested DVD kiosk owners

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...

Signifi wants to shake-up self-service with The Gamer

The automated retail technology company Signifi Solutions today announced a product that it says will shake up the self-service industry – the Gamer Spot Shop. The Gamer is a vending kiosk specifically for the video game market. The Gamer's touchscreen...

Redbox to ramp up kiosk rollout in Canada

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 said it planned...

Redbox kiosks could take a beating from streaming services

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 revenue...

Redbox Instant goes live

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 footprint of...

Coinstar says Redbox content causing profit problems

Coinstar Inc. released fourth-quarter earnings and its first-quarter forecast yesterday after its shares fell as much as 10 percent in extended trading. Executives said a weak film lineup this quarter will cause results to miss analysts' estimates, bloomberg.com reported.

Digiboo kiosks get a mobile app

The Digiboo kiosks now have a mobile app to provide users with greater access to digital movie rentals. The company announced that availability of the free application for iPhone, iPad and iPod touch devices. After installing the app, users can...

Flextronics to close NC manufacturing plant

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 reason for the closure.

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DVD rental kiosks are almost everywhere and renting movies has never been more convenient. For retailers, DVD kiosks offer a low-footprint option to generate high foot traffic.