DADDY'S HOME 2 TO REDBOX.

Redbox, America's authority on new-release home entertainment, today announced the latest distribution agreement with Paramount Home Media Distribution. The agreement delivers Paramount titles to Redbox® kiosks on the same day as retail sell through dates, as well as digital distribution through Redbox's new streaming service, Redbox On Demand. 

"We're proud to announce our latest agreement with Paramount as it continues same-day access to their titles, at the great value our customers expect from Redbox," said Galen Smith, CEO of Redbox.   

"We're happy to continue our deal with Redbox that ensures our titles are accessible to consumers nationwide at their kiosks and through their new digital service," said Bob Buchi, President, Worldwide Home Media Distribution, Paramount Pictures.  

Upcoming new-releases from Paramount include Suburbicon (Feb. 6), Daddy's Home 2 (Feb. 20) and Same Kind of Different as Me (Feb. 20). 

Redbox recently announced a new On Demand service, offering many of the same new-release movies available at the Box, and an expanded library of a growing collection of hit movies and TV shows for rental or purchase On Demand.

LIKE PEPSI FOR MOVIE RENTAL.

Redbox, America's destination for new-release entertainment, and 7-Eleven® today announced a nationwide promotion that's giving consumers a free Redbox movie night with every 32-ounce Big Gulp® purchase, now through August 31.

"Not only is this the first national promotion that we've ever run with 7-Eleven, it's also the biggest promotion in Redbox's history," said Mark Horak, president of Redbox. "From now until the end of August, we expect to hand out millions of free movie nights to 7-Eleven customers which is a whole lot of new-release entertainment for movie and soda lovers nationwide."
To get their free movie nights, all consumers need to do is purchase a 32-ounce Big Gulp drink at any participating 7-Eleven store.  Attached to the side of the cup will be a tear-off label with a unique Redbox promo code (while supplies last).

This offer is exclusively available at participating 7-Eleven stores, and Redbox promo codes for a free 1-day DVD rental can be redeemed online or at any of Redbox's nearly 35,000 locations nationwide. To find a Redbox location near them, consumers can enter their ZIP codes at redbox.com/locations or download the Redbox app for an easy location finder, and to browse and reserve their movie in advance.

PARAMOUNT PICTURES KNOCKS BOOTS WITH REDBOX KIOSKS

HOLLYWOOD, Calif. -- Paramount Home Entertainment Inc. (PHE) and Redbox Automated Retail, LLC (redbox), today announced that Paramount exercised its option to extend its revenue sharing license agreement, providing redbox access to PHE DVD and Blu-ray titles to rent at its approximately 22,000 kiosk locations on the same day they are released in the sell-through market. PHE exercised its option following results from a 10-month analysis of DVD sell-through and rental performance.


"After analyzing the data from our test period we have concluded that redbox day-and-date rental activity has had minimal impact on our DVD sales," said Dennis Maguire, Worldwide President of Paramount Home Entertainment. "By granting redbox day-and-date availability we are allowing the consumer a choice of how to consume our movies while maximizing the profitability of our releases in the home entertainment window. We are looking forward to continuing a productive and mutually beneficial relationship with redbox."


"We are delighted to continue our relationship with Paramount to provide consumers with convenient, timely and affordable access to their favorite movies," said Mitch Lowe, president, redbox. "We look forward to supporting Paramount movie releases through joint marketing programs. This arrangement is a win, win and win - for consumers, Paramount and redbox. "


Redbox and PHE first signed a trial license agreement in August 2009, with redbox agreeing to provide PHE rental data to evaluate the potential benefits of a longer term contract