Company Overview of Redbox Automated Retail, LLC
Redbox Automated Retail, LLC operates a network of automated video rental kiosks at grocery and convenience stores, mass merchant retailers, drugstores, and restaurants in the United States. It offers new-release and popular DVDs, and Blu-ray discs across various genres, as well as new-release and family-friendly video games for the PlayStation 3, Nintendo Wii, and Xbox 360. The company was founded in 2003 and is based in Oakbrook Terrace, Illinois. As of January 1, 2008, Redbox Automated Retail, LLC operates as a subsidiary of Outerwall Inc.
One Tower Lane
Oakbrook Terrace, IL 60181
Founded in 2003
Key Executives for Redbox Automated Retail, LLC
Senior Vice President of Finance and Operations
Chief Executive Officer of Coinstar Inc
Senior Vice President of Content
Compensation as of Fiscal Year 2013.
Redbox Automated Retail, LLC Key Developments
Redbox and Verizon Announces New Addition of the Redbox Instant
Aug 5 13
Redbox and Verizon announced the new addition of the Redbox Instant by Verizon channel, millions of homes now have the ultimate living room movie hub with access to thousands of streaming favorites and new releases. Redbox Instant by Verizon is a unique service for movie fans offering a compelling subscription package, which includes thousands of popular movies for streaming, plus four DVD credits to get the newest releases on disc at any Redbox kiosk nationwide for only $8 per month. A Blu-ray(TM) package is also available for an extra dollar. No other subscription offer is servicing the millions of customers who regularly head to Redbox kiosks every month by offering the best movies at a great value on disc and digital. Both subscribers and non-subscribers can also take advantage of the Redbox Instant by Verizon online store to purchase and rent new releases on-demand. The new channel allows anyone with a Roku 3, Roku 2, Roku HD (model 2500) and Roku LT (models 2400 & 2450) player or the Roku Streaming Stick to access the Redbox Instant by Verizon service, offering: 5,500+ active digital movies instantly and more than 680 discs available in Redbox kiosks. The ability to locate and reserve movies and video games on disc at more than 43,000 Redbox kiosks nationwide. Movie trailers and user reviews to allow previewing and researching films before user stream, reserve at the kiosk, rent or buy (when available). Bookmark functionality to keep track of all movies discovered on the service for future viewing. The option to start, stop and resume watching movies. Parental controls to manage on-demand purchasing and content restrictions for young children, children and teens. To access the service, Roku users can simply visit the Roku Channel Store and look in the New section for the Redbox Instant by Verizon logo. Once in the channel, they will have access to thousands of hours of great movies and can begin streaming the content they prefer right away, all with the ease of navigation to which Roku users are accustomed. For those new to the service, Redbox Instant by Verizon offers a one-month free trial with subscription that includes unlimited streaming of a collection of hit movies and four DVD credits.
Redbox Automated Retail, LLC Extends DVD Rental Deal with Universal Studios Home Entertainment LLC Through 2014
Mar 29 13
On March 25, 2012, Coinstar Inc. unit Redbox Automated Retail, LLC entered into a second amendment to its revenue-sharing license agreement with Universal Studios Home Entertainment LLC. The amendment extends the term of the parties' DVD-rental-revenue-sharing arrangement through December 31, 2014. Universal has the option to extend the term of the amended agreement through December 31, 2015, exercisable by notifying Redbox no later than September 30, 2014.
Redbox Announces Management Appointments
Mar 19 13
Redbox named Kiera Hynninen as its senior vice president of marketing and Pamela Smith as its senior vice president of finance. Hynninen will report into Anne Saunders, president of Redbox, and will oversee the company's marketing efforts, including brand growth and a continued focus on strengthening consumer relationships. Smith will report into Galen Smith, incoming CFO of Coinstar, and will be responsible for managing financial planning and analysis, budgeting, financial strategy and deal support for the Redbox line of business. Hynninen brings more than 20 years of experience in the fields of marketing, branding and strategy. She most recently served as executive vice president of marketing to National Geographic Channels (National Geographic Channel /Nat Geo WILD) where she managed all aspects of marketing for the company. Prior to that, she worked as the senior vice president of strategic marketing at the Weather Channel. Smith brings more than 25 years of financial leadership to Redbox, with global expertise in operational areas including P&L management, strategic planning and change management. Most recently she was finance vice president, corporate planning & reporting for Sara. Prior to that role she was the divisional CFO for the North America Retail segment. Prior to Sara Lee, Smith held leadership roles at Procter & Gamble and Bank of America.
Similar Private Companies By Industry
Recent Private Companies Transactions