Redbox, the kiosk-based DVD rental unit of Outerwall, reported a 17% decline in revenue for the fourth quarter of 2015, as movie rentals dropped 24% year over year. Outerwall said Redbox’s revenue for ...
Scott Di Valerio, Outerwall CEO, at the Redbox kiosk in the company’s CES booth. LAS VEGAS — Outerwall Inc., the parent company of businesses including Coinstar and Redbox, is here at CES for the ...
Redbox may be dying, but it’s not dead yet. And that creates opportunity. That’s the key message from several stock market analysts who watched the company behind those famous DVD kiosks seemingly ...
Outerwall shares are down more than 22% this morning — a loss of $286.4 million in market value — after it told investors that its Redbox kiosk DVD-rental service will fall short of Q4 financial ...
Redbox announced a new distribution agreement Thursday with 20th Century Fox Home Entertainment, maintaining a 28-day embargo on new-release titles through June 30, 2017. While fiscal details of the ...
Things continue to get worse for Redbox parent Outerwall. The company behind the chunky vending machines that spit out DVD, Blu-ray, and video game rentals is lowering its overall outlook because its ...
Investing.com -- Shares in Outerwall Inc (O:OUTR) plunged more than 20% in after-hours trading on Monday after the Pacific Northwest company lowered its full-year revenue outlook for its DVD rental ...