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Tuesday, October 31, 2017
Redbox Testing Multiple Price Points

Redbox continues to test up to three price points in 11 markets nationwide in an effort to safeguard against projected flat rental growth due to box office uncertainty and other issues, Scott Di Valario, CEO of parent Outerwall, told analysts on the company's Oct. 30 fiscal call.

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Soft Release Slate Undermines Redbox Q3 Financials

As expected, Hollywood’s dearth of box office hits and abridged retail releases contributed to Redbox generating a 6% decline in third-quarter (ended Sept. 30) operating income to $85.7 million, compared with operating income of $91 million during the prior-year period.

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Starz Launching SVOD Service in Select Foreign Markets

As expected, Starz Oct. 30 confirmed it is launching a subscription streaming service in select international markets featuring proprietary programing. Starz Play SVOD is a partnership with Parsifal Entertainment Group, the Swedish consortium that helped HBO bow its first SVOD platform, HBO Nordics. Meanwhile, third-quarter (ended Sept. 30) home entertainment revenue decreased $44 million to $73.5 million in large part due to no significant new releases from The Weinstein Co. or any Starz original series in the quarter.

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Time Warner Cable Loses 184,000 Video Subs in Q3

With Comcast closer to regulatory approval of its acquisition of Time Warner Cable, it could develop buyer’s remorse when consummation occurs. That’s because Time Warner Cable lost 184,000 video subscribers in the third-quarter (ended Sept. 30), to end the period with 10.8 million subs.

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Maleficent (Blu-ray Review)

A reimagining of the animated classic 'Sleeping Beauty' by way of 'Avatar,' 'Maleficent' offers fantastic visual splendor but its twist on the timeless tale ultimately proves underwhelming. (Street Date 11/4/14)

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