Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Coinstar Inc., the electronic kiosk company, raised its full-year outlook on Thursday after posting a big jump in sales at its DVD rental unit Redbox, sending its shares up more than 10 percent after the market’s close.
The Bellevue, Wash., company, which has courted controversy with Hollywood for Redbox’s $1 a night DVDs, said revenue at the unit rose 54 percent. Get the full story »
Blockbuster Inc. has won its second debt-payment deadline extension in as many months, but the struggling video rental chain reported a wider loss and warned it might have to liquidate, sending its shares plummeting more than 20 percent Friday. Get the full story »
BluRay discs are on their way to 13,300 Redbox kiosks nationwide.
The $1-a-day rental kiosk company is offering the BluRay titles at $1.50 a day and expects to expand to its entire network of 23,000 kiosk locations by fall, the Oakbrook Terrace-based company said Thursday. Get the full story »
Mitch Lowe, president of Red Box, in Oakbrook Terrace. (Chuck Berman/Chicago Tribune)
From Bloomberg News | Oak Brook-based Redbox Redbox, known for $1-a-day DVD rental vending machines, may launch a Web based service to offer more movies beyond the 200 stored in its dispensers, President Mitch Lowe said. Get the full story >>
