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Investment firm Apollo Global Management is set to acquire the Washington-based Outerwall, owner of struggling DVD-rental kiosk chain Redbox, for $1.6 billion. Apollo, which is headquartered in New ...
Redbox is testing a new streaming service with a small group of customers called Redbox Digital, Variety reported on Thursday. The move comes about four months after a report first surfaced that the ...
Investment firm Apollo Global Management has agreed to buy the struggling parent company of Redbox and Coinstar for about $1.6 billion and change. The $52-per-share cash offer for Bellevue, ...
Outerwall's DVD kiosk is reportedly ready to launch a new streaming platform. Don't wait up for Redbox Digital to succeed. Redbox Instant was a disaster. It took too long to launch, rolling out in ...
DVD rental kiosk operator Redbox has a new CEO — Galen Smith, previously CFO of parent company Outerwall — and Outerwall chief executive officer Erik Prusch is out with the completion of the company’s ...
DVD rental kiosk company Redbox takes a different spin today as a group of funds from Apollo Global Management closed a $895 million deal (not including debt) to buy the DVD kiosk company’s parent, ...
A Redbox Digital iPad app recently appeared on the App Store, appearing to allow trial users to sign in to stream from Redbox’s digital catalog, as well as downloading titles directly. Variety says ...
In November 2007, Redbox had exciting news: Its brick-red DVD vending machines were in more locations nationwide than industry leader Blockbuster. "Redbox offers a level of service and convenience ...
An activist shareholder who believes the Redbox DVD kiosk business is in “secular decline,” and should cut costs, just secured as many as three seats on the board of its parent company, Outerwall. The ...
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 ...
Redbox, the company best known for its DVD rental stands, said Monday it’s going public in a deal with Seaport Global Acquisition Corp., a special purpose acquisition company. The deal values Redbox ...
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