Coinstar Shares -10.5% In After-Hours Trading As Redbox President Mitch Lowe Leaves For “Other Interests”

Coinstar shares are down nearly 10.5% in after-hours trading as the company coupled this surprising announcement with an early release of financial data that’s lower than Wall Street expected. The owner of the Redbox $1-a-night DVD rental kiosks says that next … Read More »

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Redbox Starts Renting $1.50 Blu-ray Discs

By | Thursday July 29, 2010 @ 1:26pm PDT

Coinstar’s Redbox announced today it has started rolling out Blu-ray titles with availability at approximately 13,300 DVD rental kiosks nationwide.  Redbox will rent Blu-ray Discs at $1.50 per night plus tax and the company expects to have availability across its network of approximately 23,000 kiosk locations by the fall.

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