July 23, 2014 6:36 PM ET

Media

Company Overview of Redbox Automated Retail, LLC

Company Overview

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

Suite 900

Oakbrook Terrace, IL 60181

United States

Founded in 2003

Phone:

630-288-5612

Fax:

630-756-8888

Key Executives for Redbox Automated Retail, LLC

President
Age: 56
Senior Vice President of Finance and Operations
Age: 56
Chief of Content
Senior Vice President of Content
Age: 44
Senior Vice President
Compensation as of Fiscal Year 2014.

Redbox Automated Retail, LLC Key Developments

Mark Horak Plans to Join Redbox as its New President on March 17, 2014

Outerwall Inc. announced three executive leadership moves within its Redbox, Coinstar and ecoATM businesses. Mark Horak, most recently president the Americas at Warner Bros. Home Entertainment Inc., plans to join Redbox as its new president on March 17, 2014.

Redbox and Verizon Announces New Addition of the Redbox Instant

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

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.

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