Redbox(R) Files Federal Lawsuit Against Warner Home Video
2009年8月19日 - 10:39PM
PRニュース・ワイアー (英語)
OAKBROOK TERRACE, Ill., Aug. 18 /PRNewswire/ -- Redbox Automated
Retail, LLC, filed suit in Delaware Federal Court against Warner
Home Video on Tuesday, August 18, 2009, to protect consumers'
rights to access new release DVDs. Redbox filed the action in
response to new distribution terms imposed by Warner Home Video
that would prohibit redbox from providing consumers access to
Warner Home Video titles until at least 28 days after public
release. "Warner Home Video's actions come at the expense of
consumers," said Mitch Lowe, president, redbox. "Redbox remains
committed to providing our customers the new release DVDs they
want, where they want and at the low price they want. Standing
behind our commitment, redbox will continue to offer our consumers
access to all major new releases including Warner Home Video at our
more than 15,000 locations nationwide." A number of studios also
have shown support for redbox. Last week, redbox signed a
multi-year distribution agreement with Lionsgate. A similar
distribution agreement with Sony Pictures Home Entertainment (SPHE)
was reached in July. "Redbox continues to forge winning
relationships with a number of studios that increase studio
exposure, ensure redbox customers receive access to more titles and
support redbox's commitment to providing consumers timely,
convenient and affordable access to new release DVDs," said Lowe.
For more information on redbox's commitment, visit
http://www.savelowcostdvds.com/, a site dedicated to educating the
public on redbox's effort to protect consumers' rights against
studio action. 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 Web Site:
http://www.savelowcostdvds.com/
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