Redbox Teams Up with Factual Entertainment Media Company Curiosity on Multi-Faceted Agreement
15 Octubre 2021 - 7:30AM
Business Wire
Bringing more entertainment options to Redbox
customers, deal includes bringing Curiosity Stream SVOD service to
Redbox’s future premium subscription offering, licensing select
content to Redbox’s AVOD streaming service, as well as a
promotional partnership
Redbox, a leading entertainment company, today announced it has
signed a multi-faceted agreement with Curiosity Inc., the global
factual media company, to bring more entertainment options to
Redbox customers. As part of the agreement, Redbox will promote
Curiosity’s subscription video on demand service (SVOD), Curiosity
Stream, and include select content from Curiosity on Redbox’s
fast-growing Ad Supported Video on Demand (AVOD) and Free Ad
Supported Streaming Television streaming (FAST) services. The
companies have also agreed to offer Curiosity Stream as a premium
subscription offering when Redbox launches SVOD Channels in its
streaming app in 2022.
Under terms of the deal, the Curiosity Stream SVOD service will
be made available to select Redbox customers on a promotional trial
basis and promoted on Redbox’s 40,000 kiosks and digital streaming
properties. Additionally, Redbox will license Curiosity content
which will be offered on Redbox’s AVOD and FAST streaming services
in the coming months.
“Our customers will appreciate the high-quality content
delivered by Curiosity Stream and we’re excited to work with them
to grow their viewership through distribution of their service on
the Redbox app,” said Jason Kwong, Chief Strategy and Digital
Officer, Redbox.
“We are thrilled to partner with Redbox as they continue to
expand their video streaming offerings,” said Brandon Fong, Senior
Vice President of Partnerships and Distribution for Curiosity Inc.
“As the leading factual entertainment service, Curiosity is ideally
positioned to deliver affordable, high value entertainment to
Redbox customers who want to know more about the world around
them.”
About Redbox
Redbox is America's leading destination for affordable
new-release movies and entertainment with more ways to watch than
any other home entertainment provider. Redbox delivers value and
convenience through unparalleled choice across content, platforms,
rental and purchase options, and price points. The company recently
announced a definitive agreement to combine with Seaport Global
Acquisition Corp. (Nasdaq: "SGAM," "SGAMU," and "SGAMW"), a
publicly traded special purpose acquisition company. The
transaction, which will result in Redbox becoming a publicly traded
company, is expected to accelerate Redbox's ongoing transformation
to offer customers and partners a multi-product experience across
physical and digital channels. The company's expanding streaming
offering includes digital rental and purchase as well as free live
TV and free On Demand content and complements Redbox's nationwide
footprint of entertainment kiosks, conveniently located where
consumers already shop. Redbox Entertainment, a new content
acquisition and production division, has further transformed Redbox
into a multi-channel content provider. For more information, visit
redbox.com.
About Curiosity Inc.
Curiosity Inc. is the entertainment brand for people who want to
know more. The global media company is home to award-winning
original and curated factual films, shows and series covering
science, nature, history, technology, society and lifestyle. With
approximately 20 million paid subscribers worldwide and thousands
of titles, the company operates the flagship Curiosity Stream SVOD
service, available in more than 175 countries worldwide; Curiosity
Channel, the linear television channel available via global
distribution partners; and Curiosity Studios, which oversees
original programming. Curiosity Inc. recently completed the
acquisition of One Day University, which provides access to
engaging talks and lectures from the best university and college
professors in the United States. Curiosity Inc. is a wholly owned
subsidiary of CuriosityStream Inc. (Nasdaq: CURI). For more
information, visit CuriosityStream.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211015005136/en/
Peter Binazeski Redbox peter.binazeski@redbox.com
Ashley Huston Curiosity Inc.
ashley.huston@curiositystream.com
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