Sony Pictures Home Entertainment and Redbox Announce Distribution Agreement
20 Julio 2009 - 9:00PM
PR Newswire (US)
CULVER CITY, Calif., July 20 /PRNewswire/ -- Sony Pictures Home
Entertainment (SPHE) and Redbox Automated Retail have announced a
multi-year distribution agreement which will make SPHE new release,
direct-to-video and catalog titles available to consumers through
more than 17,000 Redbox kiosks nationwide. The announcement was
made by David Bishop, President of SPHE, and Mitch Lowe, President
of Redbox. Commenting on the agreement, Bishop stated, "Our
consumers have always been the best barometer of where our business
needs to go, and clearly Redbox has become an important
distribution option. The agreement supports two of our overall
business objectives - increasing the availability of our titles and
eliminating a key source of previously viewed product in the
marketplace." Added Lowe, "Redbox is thrilled to build on our
positive relationship with Sony Pictures Home Entertainment and to
provide our consumers with increased access to their favorite
titles." Redbox Automated Retail, LLC, a wholly-owned subsidiary of
Coinstar, Inc., offers new release DVD rentals for $1 per night
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 http://www.redbox.com/. Sony
Pictures Home Entertainment is a Sony Pictures Entertainment
company. SPE is a subsidiary of Sony Corporation of America (SCA),
a subsidiary of Tokyo-based Sony Corporation. SPE's global
operations encompass motion picture production and distribution;
television production and distribution; digital content creation
and distribution; worldwide channel investments; home entertainment
acquisition and distribution; operation of studio facilities;
development of new entertainment products, services and
technologies; and distribution of filmed entertainment in 67
countries. Sony Pictures Entertainment can be found on the World
Wide Web at http://www.sonypictures.com/. DATASOURCE: Sony Pictures
Home Entertainment CONTACT: Chris Goodrich of JSH&A Public
Relations, +1-630-932-1028, for Redbox Automated Retail, LLC; or
Fritz Friedman of Sony Pictures Home Entertainment, +1-310-244-7799
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