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Redbox Entertainment has acquired U.S. distribution rights to the thriller film Assailant, directed by Tom Paton and starring Poppy Delevingne and Chad Michael Collins. The film will premiere in 2022 with a limited theatrical release and be available On Demand. Assailant follows a couple navigating danger after a bar fight during a Caribbean getaway. The deal was negotiated between Redbox and MSR Media International, which handles the film's worldwide distribution rights. Redbox continues to expand its content portfolio and distribution capabilities.
Redbox (NASDAQ: RDBX) has announced a significant expansion of its Ad Supported Video on Demand (AVOD) service through new content deals with WarnerMedia and Sony Pictures. Notable films like The Astronaut’s Wife, Collateral Damage, and Resident Evil: Retribution will be available for free streaming. Redbox aims to enhance viewer experience by adding more titles monthly from these studios, as part of a broader strategy to grow its digital streaming platform, which already includes thousands of films and over 120 FAST channels.
Redbox (NASDAQ: RDBX) has partnered with Fremantle to enhance its free streaming service by introducing new Free Ad Supported Television (FAST) channels starting December 1. The channels include iconic shows like BUZZR, The Price Is Right: The Barker Era, and Baywatch. This collaboration aims to enrich content offerings, aligning with Redbox's aggressive expansion in ad-supported streaming. With over 120 FAST channels already available, this partnership reflects Redbox's commitment to providing diverse entertainment options for viewers.
Redbox (NASDAQ: RDBX) has partnered with Team Whistle's Palomino Media Group to enhance its advertiser-supported streaming services. This collaboration aims to boost revenue through tailored sales solutions for Redbox’s growing digital platform, which now features over 120 FAST channels and 5,000 free movies and TV shows. The partnership aligns with Redbox's strategic push into free streaming, signaling a commitment to expand its market presence in a competitive landscape.
Redbox is set to ring the Nasdaq Opening Bell on Monday, October 25, 2021, from 9:15 a.m. to 9:30 a.m. ET, at Nasdaq MarketSite, Times Square. CEO Galen Smith and executives will participate in this ceremonial event, marking the commencement of trading for their stock (RDBX). Redbox provides a diverse range of entertainment options, including digital streaming and physical media, and operates across thousands of retail locations in the U.S.
Redbox has successfully completed its merger with Seaport Global Acquisition Corp. as of October 20, 2021. The company will begin trading under the ticker symbol RDBX on NASDAQ effective October 25, 2021. This merger provides Redbox with approximately $88 million in cash to support its digital transformation strategy and enhance its entertainment offerings. CEO Galen Smith emphasizes the goal to simplify the streaming experience and expand consumer choices. Recent partnerships, including agreements with Lionsgate and Roku, will enhance its content distribution and accessibility.
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