Redbox, the popular movie rental kiosks, is being completely acquired by Coinstar. McDonalds is selling their share in the company (they’ll still own some stock as part of the deal) and are leaving the video rental business to the guys at Coinstar. The business has been pretty good for Redbox as they continue to expand their $1 per movie per day business across the country. Expect to see Blu-ray disc rentals for a bit over $1 (could be up to $2) in the near future based on a report by Inside Redbox.
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