Redbox Puts Customers First
For Immediate Release: August 7, 2009
Oakbrook Terrace, Ill. – Despite 20th Century Fox’s effort to delay
consumer access to new release DVDs by 30 days at rental kiosks,
redbox reaffirms its commitment to providing consumers new release
DVDs. Redbox will protect consumers’ rights to access new release
DVDs at their preferred retail channel at the price the consumer
deems reasonable. Redbox will continue to carry all major new
releases, including 20th Century Fox titles, at the more than 17,000
redbox locations nationwide. The first priority at redbox is the
customer.
Redbox Automated Retail, LLC, a wholly-owned subsidiary of Coinstar,
Inc. (NASDAQ: CSTR), offers new release DVD rentals through its network
of conveniently located, self-service kiosks. Redbox is available
at more than 17,000 locations nationwide, including select McDonald’s
restaurants, leading grocery and convenience stores, and Wal-Mart
and Walgreens locations in select markets. For more information,
visit www.redbox.com
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Certain statements in this press release are "forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, including phrases conveying expectation
or intent and other expressions identifying future performance.
Forward-looking statements are not guarantees of future performance
which may vary materially from performance expressed or
implied in the forward-looking statements. Differences
may result from actions taken by Coinstar, Inc. and its subsidiaries,
as well as those of third parties and from risks and uncertainties
beyond our control. Such risks and uncertainties include, but
are not limited to, the timing and availability of major new
DVD releases, and the termination, non-renewal or renegotiation on
materially adverse terms of contracts with our significant retailers
or suppliers. The foregoing risks and uncertainties are illustrative,
but by no means exhaustive. For more information on factors that
may affect future performance, please review "Risk Factors”
described in our most recent Annual Report on Form 10-K filed with
the Securities and Exchange Commission as updated in any subsequent Quarterly
Reports on Form 10-Q. These forward-looking statements reflect Coinstar,
Inc.'s expectations as of the date of this release. Coinstar, Inc.
undertakes no obligation to update the information provided herein.
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