Redbox could include movie tickets as it ups entertainment offerings (including expanded Blu-ray Disc title selections) at its national footprint of more than 38,000 rental kiosks, according to Wedbush Securities analyst Michael Pachter.
With Redbox and Verizon set to launch their joint streaming business (which includes rental discs) by August, Verizon CFO Fran Shammo told an investor group the telecom’s goal is attracting the kiosk vendor’s more than 30 million users.
Fallout from Dish Network’s launch of a DVR that allows users to skip ads on network primetime programming was swift with Fox Network May 16 announcing it no longer would carry ads citing Dish’s “Auto Hop” technology or video spots for the Hopper digital video recorder.
Trans World Entertainment May 17 reported first-quarter (ended April 28) net income of $2.8 million, compared with a net loss of $2.5 million during the previous-year period.
