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Classified in: Business
Subject: LIC

Redbox, Warner Bros. Sign New Agreement


CHICAGO, June 27, 2018 /PRNewswire/ -- Redbox and Warner Bros. today announced a new agreement bringing all new release DVD and Blu-ray Disctm titles from Warner Bros. to Redbox® kiosks the same day as their retail sell-through dates. The agreement also maintains new-release and catalog availability via Redbox On Demand at first release.

Redbox Logo

"We're thrilled to announce this day-and-date agreement with Warner Bros. that provides the consistently strong slate of Warner Bros. titles to consumers at their earliest physical retail sell-through availability," said Galen Smith, CEO of Redbox. "We appreciate the partnership with Warner Bros. in making their content accessible to Americans ? whether for rental or purchase, on disc or On Demand."

"Warner Bros. is pleased to continue our long-standing relationship with Redbox," said Mike Takac, EVP of Sales, Warner Bros. Home Entertainment. "We're aligned in our mutual goal of satisfying consumer demand for Warner Bros. content ? in any format, across platforms."

Upcoming new-releases from Warner Bros. include Rampage (July 17) and Ready Player One (July 24).

The Redbox retail network now includes more than 41,500 kiosks and has more locations than Starbucks' and McDonald's in the U.S. combined. Redbox offers movies and video games for rental and purchase at a great deal, starting at $1.75 a night for a DVD rental.

Redbox On Demand offers many of the same new-release movies available at the Box, and an expanded library of hit movies and TV shows, for convenient rental or purchase On Demand.  

About Redbox

With more than 5 billion rentals to date, Redbox is America's leading source for affordable new release movie and video game rentals. Redbox offers DVD, Blu-ray Disc® and video-game rentals through the nation's largest network of more than 41,500 conveniently located, self-service entertainment kiosks, and On Demand movies and TV shows, without a subscription.  For more information, visit www.redbox.com.

About Warner Bros. Home Entertainment, Inc.

Warner Bros. Home Entertainment (WBHE) brings together Warner Bros. Entertainment's home video, digital distribution and interactive entertainment businesses in order to maximize current and next-generation distribution scenarios. An industry leader since its inception, WBHE oversees the global distribution of content through packaged goods (4K UHD, Blu-ray Disctm and DVD) and digital media in the form of electronic sell-through and video-on-demand via cable, satellite, online and mobile channels, and is a significant developer and publisher for console and online video game titles worldwide. WBHE distributes its product through third party retail partners and licensees.

 

SOURCE Redbox


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