Redbox To Remain ‘Compelling’ Business for ‘Many Years,’ Outerwall CEO Says
Despite declining industry sales and rentals of packaged entertainment content, the Redbox kiosk rentals business remains "very large and compelling" and boasts "one of the strongest brands in home entertainment, providing new movie releases and games to millions of consumers,”…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Erik Prusch, CEO of Redbox parent Outerwall, said on a Thursday earnings call. “We continue to believe that this will be the case for many years to come,” Prusch said.