Redbox lands deal with Warner to rent DVDs on the same day they go on sale in physical stores [TechCrunch Blog]
SONY CORP (SNE)
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Source: TechCrunch Blog
DVD and Blu-ray rental kiosk operator Redbox announced a deal with Warner Bros. today that allows it to begin offering new releases on the same day they go on sale in physical retail stores. Redbox’s former agreement with the studio meant they had to wait until seven days after the home-video release. In a statement, Redbox said this deal also maintains the availability of new releases in Redbox On Demand, its streaming rental service. According to Variety , this means Redbox now has same-day deals with almost all of the major studios. In addition to Warner Bros., they include Sony Pictures Entertainment, Universal Pictures and Lionsgate (its deal with 20th Century Fox is similar to its previous one with Warner Bros ., in that it allows Redbox to rent its movies seven days after their home-video release). One notable exception is Disney, which Redbox has not had a distribution deal with since 2012. This is likely due to an ongoing legal dispute i
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