Redbox(R) Files Federal Lawsuit Against 20th Century Fox
2009年8月12日 - 9:30PM
PRニュース・ワイアー (英語)
OAKBROOK TERRACE, Ill., Aug. 12 /PRNewswire/ -- Redbox Automated
Retail, LLC, filed suit in Delaware Federal Court against 20th
Century Fox on Tuesday, August 11, 2009, to protect consumers'
rights to access new release DVDs. Redbox filed the action in
response to new distribution terms proposed by 20th Century Fox
that would prohibit redbox from providing consumers access to 20th
Century Fox DVDs until at least 30 days after public release.
"Redbox's cornerstone principles include providing customers with a
convenient way to rent new release DVDs at an affordable price,"
said Mitch Lowe, president, redbox. "At the expense of consumers,
20th Century Fox is attempting to prohibit timely consumer access
to its new release DVDs at redbox retail locations nationwide.
Despite this attempt, redbox will continue to provide our consumers
access to all major new releases including 20th Century Fox titles
at our more than 15,000 redbox DVD rental locations." The lawsuit
follows yesterday's announcement by redbox that the Company has
signed a multi-year distribution agreement with Lionsgate expanding
the depth and breadth of Lionsgate titles available at all redbox
DVD rental locations nationwide including popular new release
titles. Redbox signed a similar distribution agreement with Sony
Pictures Home Entertainment (SPHE) in July, expanding the quantity
of SPHE new release, direct-to-video and catalog titles available
at all redbox locations. The agreements are a win for the studios,
redbox and consumers providing consumers timely, convenient and
affordable access to new release DVDs. About Redbox Redbox
Automated Retail, LLC, a wholly-owned subsidiary of Coinstar, Inc.
(NASDAQ:CSTR), offers new release DVD through its network of
conveniently located, self-service kiosks. Redbox is available at
more than 15,000 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/. Certain statements in this press
release are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, including phrases
conveying expectation or intent and other expressions identifying
future performance. Forward-looking statements are not guarantees
of future performance which may vary materially from performance
expressed or implied in the forward-looking statements. Differences
may result from actions taken by Coinstar, Inc. and its
subsidiaries, as well as those of third parties and from risks and
uncertainties beyond our control. Such risks and uncertainties
include, but are not limited to, the timing and availability of
major new DVD releases, and the termination, non-renewal or
renegotiation on materially adverse terms of contracts with our
significant retailers or suppliers. The foregoing risks and
uncertainties are illustrative, but by no means exhaustive. For
more information on factors that may affect future performance,
please review "Risk Factors" described in our most recent Annual
Report on Form 10-K filed with the Securities and Exchange
Commission as updated in any subsequent Quarterly Reports on Form
10-Q. These forward-looking statements reflect Coinstar, Inc.'s
expectations as of the date of this release. Coinstar, Inc.
undertakes no obligation to update the information provided herein.
DATASOURCE: Redbox Automated Retail, LLC CONTACT: Chris Goodrich of
JSH&A Public Relations, +1-630-932-1028, , for Redbox Automated
Retail, LLC
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