Fox Puts 30-Day Window on Redbox DVD Rental Kiosks

Authored by Mark Hefflinger on August 6, 2009 - 8:15am.
New York - News Corp.'s (NYSE: NWS) 20th Century Fox is putting restrictions on the placement of its movies in DVD rental kiosks operated by Coinstar's (NASD: CSTR) Redbox unit, in a bid to gain a greater share of rental revenues, The Wall Street Journal reported.

Fox has asked distributors not to provide its DVDs to Redbox's $1-per-night rental machines for 30 days after their DVD release.

The Journal cited a source who said Fox also offered DVDs on their official release dates, provided that Redbox increase its share of rental revenues -- an offer Redbox rejected.

Fellow major studio Universal also demanded a 45-day waiting period for DVD distribution via Redbox.

Redbox has refused to comply, and instead sued Universal, in a federal court case that is still pending.

 

Related Links:
http://online.wsj.com/article/SB124951668788109409.html

http://www.redbox.com

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