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Redbox Entertainment
Redbox Automated Retail LLC (stylized as redbox.) is an American video rental company specializing in DVD, Blu-ray, 4K UHD rentals, and formerly video games via automated retail kiosks. Redbox kiosks feature the company's signature red color and are located at convenience stores, fast food restaurants, grocery stores, mass retailers, and pharmacies. As of the end of November 2012, Redbox had over 42,000 kiosks at more than 34,000 locations. As of September 2016, Redbox had 51.8% market share of the physical rental market. In May 2022, Chicken Soup for the Soul announced its intention to acquire Redbox for $375 million. History Redbox Automated Retail LLC was initially started by the McDonald's Corporation business development team. Originally the kiosks sold convenience store products under the name Ticktok Easy Shop, however in late 2003 McDonald's ended its use of the kiosks for these products. Instead, McDonald's executive Gregg Kaplan decided to use the kiosks for DVD ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Redbox Logo
Redbox Automated Retail LLC (stylized as redbox.) is an American video rental company specializing in DVD, Blu-ray, 4K UHD rentals, and formerly video games via automated retail kiosks. Redbox kiosks feature the company's signature red color and are located at convenience stores, fast food restaurants, grocery stores, mass retailers, and pharmacies. As of the end of November 2012, Redbox had over 42,000 kiosks at more than 34,000 locations. As of September 2016, Redbox had 51.8% market share of the physical rental market. In May 2022, Chicken Soup for the Soul announced its intention to acquire Redbox for $375 million. History Redbox Automated Retail LLC was initially started by the McDonald's Corporation business development team. Originally the kiosks sold convenience store products under the name Ticktok Easy Shop, however in late 2003 McDonald's ended its use of the kiosks for these products. Instead, McDonald's executive Gregg Kaplan decided to use the kiosks for DVD ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NPD Group
The NPD Group, Inc. (NPD; formerly National Purchase Diary Panel Inc. and NPD Research Inc.) is an American market research company founded on September 28, 1966, and based in Port Washington, New York. In 2017, NPD ranked as the 8th largest market research company in the world, according to the independent AMA Gold Report Top 50 report. The NPD Group operates in 20 countries, across more than 20 industries. NPD measures how consumers shop across all channels, sourcing data from both retailers and consumers to quantify sales, share, distribution, and velocity. The market research company collects point-of-sale data, tracking retailers, distributors, and foodservice operators, measuring what's selling at 1,250 retailers, across 300,000 stores. NPD also interviews 12 million consumers annually and tracks millions of their receipts—following the same consumers over time—to understand shifting tastes and trends. NPD helps retailers, manufacturers, financial analysts, and the pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Family Video
Family Video Movie Club Inc. was an American brick and mortar video rental chain serving the United States and Canada. The family-owned company was headquartered in Glenview, Illinois. History In 1946, Clarence Hoogland founded Midstates Appliance and Supply Company. His son Charles Hoogland inherited the business in 1953. The company later became a distributor for Magnetic Video. After getting stuck with a large inventory of excess video movies in the late 1970s, Charles got the idea of creating the Video Movie Club in Springfield, Illinois in 1978. The club originally charged a $25 membership fee and $5 rental fee, and later evolved into Family Video. Because competitor Blockbuster's main focus was larger cities, Family Video was mostly established in rural areas, suburbs, and small-to-midsize cities. In 2003, Family Video relocated its headquarters from Springfield to Glenview, Illinois. By 2013, Blockbuster had closed almost all of its remaining stores. By the end of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Coast Video
West Coast Video was a chain of video rental stores founded in 1983. The company became defunct in 2009, but some existing stores continued to use the West Coast Video banner and run independently. As of 2019, there are currently no West Coast Video stores open in North America. History 1980s: inception, acquisitions and expansion In 1983, Elliot Stone opened the first West Coast Video store in Northeast Philadelphia. During the next three months, Stone established the chain by launching three more stores. West Coast Video acquired all 455 National Video stores in September 1988. The chain now had 660 stores in total, making it the world's largest video rental chain at that time. 1990s: bankruptcy, restructuring, online presence, and lawsuit West Coast Video had a revenue of $250 million in 1990. The chain opened its first Canadian store in 1991. It was located in the Orleans neighborhood of Ottawa, Ontario. However, West Coast faced financial difficulties due to incre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hollywood Video
Hollywood Entertainment Corp. (Nasdaq: HLYW), more commonly known as Hollywood Video, was a home video and video game rental shop company started in 1988. The chain was the largest direct competitor to Blockbuster Video until it was purchased by Movie Gallery in 2005. Hollywood Video ceased operations in May 2010, when Movie Gallery, its parent company, declared Chapter 7 bankruptcy. Its last US store closed on July 31, 2010, whereas the last official one in Canada closed on August 8 of that year. In October 2011, thHollywoodVideo.comsite had been relaunched as a blog. While the website remains active, the last entry was made in October 2014. History 20th century In 1984, Mark Wattles left college and was struggling financially. Wattles' parents had given him and his wife a VCR, which they used as a form of low-cost entertainment. Wattles later said: "I thought, 'There must be other people in America in the same shoes. I think this would be a great business." In 1985, Wattl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Movie Gallery
Movie Gallery, Inc. (former NASDAQ ticker symbol MOVI) was the second largest movie and game rental company in the United States and Canada, behind Blockbuster Video. The company rented and sold Blu-ray Discs, DVDs, VHS tapes, and video games. Founded in Dothan, Alabama, the company was headquartered in Dothan, and later in Wilsonville, Oregon. On April 30, 2010, Movie Gallery announced it was closing and liquidating all of its stores per a filing of Chapter 7 bankruptcy. At its peak the firm had about 4,700 stores in North America, operating mainly under the Movie Gallery, Hollywood Video, and GameCrazy brands. The last of the company's stores were closed in August 2010. In 2011, three Movie Gallery locations in Northwest Arkansas reopened by an independent business owner who acquired the trademark rights in Arkansas. In 2013, an independent businessman in Jackson, Mississippi acquired the trademark rights in Mississippi to Movie Gallery and Hollywood Video and announced int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blockbuster LLC
Blockbuster LLC, formerly known as Blockbuster Video, was an American-based provider of home video and video game rental services. Services were offered primarily at video rental shops, but later alternatives included DVD-by-mail, streaming media, streaming, video on demand, and cinema theater. Previously operated by Blockbuster Entertainment, Inc., the company expanded internationally throughout the 1990s. At its peak in 2004, Blockbuster consisted of 9,094 stores and employed approximately 84,300 people: 58,500 in the United States and 25,800 in other countries. Poor leadership and the impact of the Great Recession were major factors leading to Blockbuster's decline, as was the growing competition from Netflix's mail-order service, video on demand, and Redbox automated kiosks. Significant loss of revenue occurred during the late 2000s, and the company filed for bankruptcy protection in 2010. The following year, its remaining 1,700 stores were bought by satellite television pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netflix
Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a film and television series library through distribution deals as well as its own productions, known as Netflix Originals. As of September 2022, Netflix had 222 million subscribers worldwide, including 73.3 million in the United States and Canada; 73.0 million in Europe, the Middle East and Africa, 39.6 million in Latin America and 34.8 million in the Asia-Pacific region. It is available worldwide aside from Mainland China, Syria, North Korea, and Russia. Netflix has played a prominent role in independent film distribution, and it is a member of the Motion Picture Association (MPA). Netflix can be accessed via web browsers or via application software installed on smart TVs, set-top boxes connected to televisions, tablet computers, smartph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blockbuster Inc
Blockbuster LLC, formerly known as Blockbuster Video, was an American-based provider of home video and video game rental services. Services were offered primarily at video rental shops, but later alternatives included DVD-by-mail, streaming media, streaming, video on demand, and cinema theater. Previously operated by Blockbuster Entertainment, Inc., the company expanded internationally throughout the 1990s. At its peak in 2004, Blockbuster consisted of 9,094 stores and employed approximately 84,300 people: 58,500 in the United States and 25,800 in other countries. Poor leadership and the impact of the Great Recession were major factors leading to Blockbuster's decline, as was the growing competition from Netflix's mail-order service, video on demand, and Redbox automated kiosks. Significant loss of revenue occurred during the late 2000s, and the company filed for bankruptcy protection in 2010. The following year, its remaining 1,700 stores were bought by satellite television pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinstar
Coinstar, LLC (formerly Outerwall, Inc.) is an American company operating coin-cashing machines. On September 27, 2016, Apollo Global Management, LLC acquired Outerwall, Inc. for $52.00 per share in cash. After the acquisition, former components of Outerwall, Redbox, Coinstar, and ecoATM (which includes Gazelle) became separate business entities. Coinstar's focus is the conversion of loose change into paper currency, donations, and gift cards via coin counter kiosks which deduct a fee for conversion of coins to banknotes; it processes $2.7 billion worth of coins annually . The company also operates Coinstar Exchange for gift cards. Coinstar's kiosks are in the front of stores (between the cash registers and the exit/entrance). The company has more than 60,000 kiosks offering a variety of services in the US, UK, Ireland, Canada, Puerto Rico, and Mexico. Coinstar also produces machines that provide prepaid credit cards and e-payment kiosks. On July 2, 2013, Coinstar changed its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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