×

Lionsgate, Redbox Extend Date-and-Date Distribution Deal

Lionsgate and Redbox have extended their agreement making Lionsgate content available at Redbox kiosks on the same day as retail sell-through dates.

The deal was announced Monday morning by in a joint announcement by both companies.

“Lionsgate has consistently shared our commitment to making content accessible to consumers,” said Galen Smith, CEO of Redbox in a statement. “Thanks to our prolific footprint, and value proposition, Redbox makes new-release content more accessible to millions of consumers nationwide.”

Lionsgate President of Home Entertainment Ron Schwartz said, “Redbox is a longstanding and valued partner. We are pleased to extend our relationship with them and remain committed to delivering a broad portfolio of premium content across an ever-expanding array of linear and digital platforms.”

Redbox has estimated that by the end of 2017, the company will have more than 41,500 kiosks nationwide, thanks to a  national expansion of 1,500 net new kiosks this year. The company plans to continue expanding the number of locations in 2018.

Lionsgate reported on Aug. 8 earnings that easily beat Wall Street projections thanks to profits at its television operation and the strong home entertainment performance of “La La Land.” Revenues for the  fiscal first quarter ended June 30 topped out at $1.01 billion, up from $553.5 million in the same time frame in 2016.

More Film

  • The Great Hack (2019) - pictured:

    Film Review: 'The Great Hack'

    When I was growing up, we learned that the moral cornerstone of the First Amendment — the very essence of it — is that it’s about protecting the speech you don’t like. If the Nazis aren’t allowed to march in Skokie (a major test case in the 1970s), then a treacherous principle gets laid down: that [...]

  • Once Upon a Time in Hollywood

    ‘Once Upon a Time in Hollywood’ Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by the always-on TV ad measurement and attribution company iSpot.tv, Columbia Pictures claims the top spot in spending with “Once Upon a Time in Hollywood.” Ads placed for the drama had an estimated media value of $5.71 million through Sunday for 997 national ad [...]

  • Circus of Books

    Outfest Film Review: 'Circus of Books'

    Rachel Mason grew up believing that her parents ran a small bookstore in Los Angeles. She wasn’t entirely mistaken, although the naive young woman — then an artsy teen, now a documentary filmmaker — never imagined that, as her mother Karen bluntly tells her on camera, “at one point, we were probably the biggest distributor [...]

  • Themba Ntuli and Ashley Lazarus

    Ashley Lazarus, Director of Apartheid-Era Cult Classic, Returns to Screen

    DURBAN–Director Ashley Lazarus, whose film about the interracial friendship between two young boys during the apartheid era became a South African cult classic in the 1970s, is set to return to the big screen with a film that builds on his life-long passion for early-childhood education. “Teacher Wanted” is the inspirational story of a teacher [...]

  • Channing Tatum

    Channing Tatum's Free Association Partners With Atwater Capital for Film Development Fund

    Free Association, a production company led by Channing Tatum, Peter Kiernan and Reid Carolin, has entered into a film development fund with Atwater Capital. The four-year $2 million revolving fund stipulates that Atwater will finance a minimum of five films with Free Association. Michael Parets, VP of production, will oversee the deal. Free Association will [...]

  • Once Upon a Time in Hollywood

    Box Office: Tarantino's 'Once Upon a Time in Hollywood' Takes on 'Lion King'

    Rick Dalton and Cliff Booth, Leonardo DiCaprio and Brad Pitt’s characters in Quentin Tarantino’s “Once Upon a Time in Hollywood,” will have to take on much more than a changing showbiz landscape. This weekend, the washed-up actor and his majordomo are battling Disney’s juggernaut “The Lion King” at the domestic box office. Tarantino’s R-rated auteur [...]

More From Our Brands

Access exclusive content