Redbox Signs New Multi-Year Distribution Deal With Lionsgate

SANTA MONICA, CA and VANCOUVER, BC--(Marketwired - Oct 28, 2014) - Redbox, America's top destination for new release entertainment, and Lionsgate (NYSE: LGF), a premier next generation global content leader, have signed a new multi-year agreement to bring premier Blu-ray Disc™ and DVD titles to Redbox^® kiosks the day of their retail home entertainment release.

"Our agreement with Lionsgate continues our track record of establishing win-win relationships with content producers," said Mark Horak, president of Redbox. "We look forward to continuing to delight our customers with quality, new release content from Lionsgate."

"We're pleased to extend our long-standing partnership with Redbox," said Lionsgate President of Home Entertainment Ron Schwartz. "We remain committed to expanding the choices and enriching the quality and excitement of the home entertainment experience for our consumers, and our Redbox relationship is an important part of this commitment."

"Redbox is the market-leading distribution platform for new release content and we've established an impressive network of about 35 million consumers who rely on Redbox for the latest new release news on a weekly basis," added Horak.

With nearly 775 million rental transactions in 2013, Redbox is a leading revenue stream for studios within the home entertainment window for new releases. As of June 30, 2014, Redbox's digital marketing channels spanned more than 35 million email subscribers, 26 million app downloads and 5 million SMS subscribers. 

ABOUT REDBOX

Redbox, an Outerwall Inc. (NASDAQ: OUTR) brand, offers new-release DVD, Blu-ray Disc® and video-game rentals through its network of conveniently located, self-service kiosks. Redbox has rented more than 3.7 billion discs and is available at about 35,000 locations, including leading grocery, drug and convenience stores, and select Walgreens, Walmart and McDonald's locations. For more information, visit www.redbox.com and for more information about Outerwall Inc., visit www.outerwall.com.

ABOUT LIONSGATE

Lionsgate, home to The Hunger Games, Twilight and Divergent franchises, is a premier next generation global content leader with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, new channel platforms and international distribution and sales.