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Redbox, 20th Century Fox Home Entertainment Announce New Agreement
CHICAGO, July 13, 2017 /PRNewswire/ -- Redbox, America's leading destination for new release movie and video game rentals at a great value, and 20th Century Fox Home Entertainment, today announced a new agreement that makes Fox content available to Redbox customers seven days after retail sell-through dates.
"Our latest agreement with Fox continues to demonstrate a mutual commitment to providing consumers access to the freshest, best movies on the market at a great value," said Galen Smith, CEO of Redbox. "Redbox is proud of our enduring value proposition of offering movies for as low as $1.50 a night at tens of thousands of locations nationwide."
"Redbox's national footprint ensures broad availability of Fox product to our rental consumers. Coupled with our extensive retail distribution, Fox movies are readily accessible for the enjoyment of our movie fans everywhere," said Dan Mackechnie, EVP of North America Distribution at Twentieth Century Fox Home Entertainment.
Redbox recently announced a national kiosk expansion that is well on its way to adding 1,500 net new rental kiosks in 2017 and more planned in 2018. By the end of this year, Redbox will have more than 41,500 kiosks nationwide, a total larger than the number of Starbucks and McDonald's locations in the U.S. combined.
With more than 5 billion rentals to date, Redbox is America's leading destination for affordable new-release movie and video game rentals. Redbox offers DVD, Blu-ray Disc® and video-game rentals through the nation's largest network of more than 40,000 conveniently located, self-service entertainment kiosks. For more information, visit www.redbox.com.
ABOUT TWENTIETH CENTURY FOX HOME ENTERTAINMENT
Twentieth Century Fox Home Entertainment, LLC (TCFHE) is a recognized global industry leader and a subsidiary of Twentieth Century Fox Film. TCFHE is the worldwide marketing, sales and distribution company for all Fox film and television programming, acquisitions and original productions as well as all third party distribution partners on DVD, Blu-ray, 4K Ultra HD, Digital HD, and VOD (video-on-demand). Each year TCFHE introduces hundreds of new and newly enhanced products, which it services to retail outlets and digital stores throughout the world.
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