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Friday, November 06, 2009 |
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Redbox Parent Posts $41.1 Million Q3 Profit
Redbox parent Coinstar Nov. 5 reported profit of $41.1 million on revenue of $296 million for the three-month period ended Sept. 30, in large part thanks to a 75% increase in the number of Redbox kiosks year over year, and a 26% jump in per-kiosk revenue, compared to the same three months in 2008.
Full Story >> |
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MPAA, Consumer Groups Battle Over FCC Waiver
The Motion Picture Association of America (MPAA) and a coalition of consumer interest groups traded barbs Nov. 4 over an MPAA request to the Federal Communications Commission (FCC) that, if approved, could give the movie industry power to turn off analog video outputs on consumer electronics during special VOD presentations.
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