Cheap DVD rental kiosk operator Redbox cuts deal with Fox, Universal to end legal battle
By APThursday, April 22, 2010
Redbox to delay rental movies from Fox, Universal
LOS ANGELES — DVD rental kiosk operator Redbox says it has reached a deal that ends Hollywood lawsuits against it.
The unit of Coinstar says 20th Century Fox and Universal have agreed to supply it with low-cost discs but only 28 days after discs go on sale.
The deals leave the six major Hollywood studios evenly split over whether or not to impose the delay, which is meant to protect sales of DVDs and Blu-ray discs.
Warner Bros., Fox and Universal now all require a four-week delay on new home videos for Redbox, while Paramount, Disney and Sony all allow it to stock movies the same day of release.
Filed under: Lawsuit
Tags: California, Hollywood, Los Angeles, Media Distribution, Movie Rental, North America, United States
Tags: California, Hollywood, Los Angeles, Media Distribution, Movie Rental, North America, United States
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