Warner Bros. had sought a 56-day window on releasing its movies to kiosk film-rental retailer Redbox, which agrees to promote cloud-based platform Ultra-Violet

Redbox names Anne Saunders, a top-ranked marketing executive at the education company Knowledge Universe, as the new president

Coinstar Senior Vice President Galen Smith says company's margins have improved because it is renting discs from Warner Bros. sooner

As part of the pact, Redbox will continue to rent new releases 28 days after they hit store shelves

Redbox snaps up NCR kiosks on same day parent company Coinstar posts strong 4Q earnings and announces Verizon deal. The stock surges

Redbox and Blockbuster still haven't budged

Shares of the subscription rental company are rising on a DealReporter story that it will move from Redbox to red envelopes

Kiosk chain says price hike is related to operating expense increases

Shares of the kiosk company plunge 10% on news of departure and a lower than expected earnings forecast

The disc sales business is circling the drain faster than ever, as more consumers opt to rent/stream movies through Netflix or Redbox rather than purchase them

A year after their wide-scale adoption, release delays haven't slowed down operators like Netflix one bit, while the studios may not be getting quite as much out of them as they let on

Games will rent for $2 in select markets this month