Redbox agrees to wait 28 days for Warner movies

Posted Feb. 16, 2010 at 3:49 p.m.


DVDs being returned at the Red Box movie rental vending machines outside Tony’s Finer Foods on Belmont. (Phil Velasquez/Chicago Tribune)

Associated Press | DVD rental kiosk chain Redbox has agreed to wait 28 days after Warner Bros. releases new movies for sale before offering to rent them for $1 a night.

The agreement announced Tuesday ends a lawsuit Oakbrook Terrace-based Redbox filed against Warner Bros.’ home video unit last August.

Redbox alleged it was being unfairly prevented from buying discs from wholesalers.

The multiyear deal will now lower the cost Redbox has to pay to stock its machines, and help maintain the price of new-release DVDs that go on sale.

Without a direct deal, Redbox had been forced to pay higher prices from retailers. The company is a unit of Bellevue, Wash.-based Coinstar Inc.

Warner Bros. is a division of Time Warner Inc.

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