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 President Mark Horak is leaving the shrinking DVD kiosk business after less than two years at the helm, according to an SEC filing. He will be replaced by interim president Erik Prusch, who was ...
Things continue to get worse for Redbox parent Outerwall. The company behind the chunky vending machines that spit out DVD, Blu-ray, and video game rentals is lowering its overall outlook because its ...
Investing.com -- Shares in Outerwall Inc (O:OUTR) plunged more than 20% in after-hours trading on Monday after the Pacific Northwest company lowered its full-year revenue outlook for its DVD rental ...
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 ...
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