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Redbox
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 ...
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Redbox Automated Retail LLC (stylized as redbox.) is an American video rental company specializing in DVD, Blu-ray, 4K resolution, 4K Ultra-high-definition television, 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 pharmacy, 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 exe ...
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Gregg Kaplan
Gregg Kaplan is an American business executive. He is the founder and former Chief Executive Officer of Redbox, the founder of Modjule LLC, and the former President and COO of Coinstar. He has also worked for McDonald’s Corporation, Streamline.com, and is now an Operating Partner with Pritzker Group Private Capital. Early life Kaplan graduated from the University of Michigan with a BA in Philosophy, and is also an alumnus of Pi Kappa Phi fraternity. He later earned an MBA from Harvard Business School. Business career Kaplan began his career as an investment banker in New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ... after his graduation from the University of Michigan, and worked in the industry for three years at Furman Selz. After his MBA, he worked for Strea ...
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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 (Internet company), Gazelle) became separate business entities. Coinstar's focus is the conversion of loose Coin, 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 Retailing, 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, United Kingdom, UK, Ireland, Canada, Puerto Rico, and Mexico. Coinstar also produces machines that provide prepaid credit cards and ...
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Chicken Soup For The Soul
Chicken Soup for the Soul Entertainment is an American self-help, consumer goods and media company based in Cos Cob, Connecticut. It is known for the ''Chicken Soup for the Soul'' book series. The first book, like most subsequent titles in the series, consisted of inspirational true stories about ordinary people's lives. The books are widely varied, each with a different theme. Today Chicken Soup for the Soul Publishing, LLC continues to publish about a dozen new books per year. The company has branched out into other categories such as food, pet food, and television programming. History Motivational speakers Jack Canfield and Mark Victor Hansen collaborated on the first ''Chicken Soup for the Soul'' book, compiling inspirational, true stories they had heard from their audience members. Many of the stories came from members of the audience of their inspirational talks. The book was rejected by major publishers in New York but accepted by a small, self-help publisher in Florida ...
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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, 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 provider Dish Netwo ...
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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 ...
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Automated Retail
Automated retail is the category of self-service, standalone kiosks that operate as fully automatic retail stores through the use of software integrations to replace the traditional retail services inside in a traditional retail store. These standalone kiosks are often located in heavily trafficked locations such as airports, malls, resorts and transit hubs. Consumers often browse and select products using a touchscreen interface that operates similar to an ecommerce website, pay for purchases using a credit or debit card, and then the product is dispensed through a system other than gravity fed drop systems, often via a robotic arm inside the kiosk. These software integrations, the consumer experience and the delivery mechanisms are what differentiate automated retail stores from vending machines. ZoomShops and Redbox are examples of companies that pursue an automated retail business model.
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Oakbrook Terrace, Illinois
Oakbrook Terrace is a city in DuPage County, Illinois, and is a suburb of Chicago. Per the 2020 census, the population was 2,751. It is the smallest town in DuPage County, in terms of area and population. History Oakbrook Terrace was originally named ''Utopia'', a name suggested by a postmaster. The name ''Oakbrook Terrace'' was adopted in November 1959. Geography According to the 2010 census, Oakbrook Terrace has a total area of , of which (or 97.81%) is land and (or 2.19%) is water. Demographics 2020 census ''Note: the US Census treats Hispanic/Latino as an ethnic category. This table excludes Latinos from the racial categories and assigns them to a separate category. Hispanics/Latinos can be of any race.'' 2000 Census At the 2000 census there were 2,300 people in 1,198 households, including 553 families, in the city. The population density was . There were 1,327 housing units at an average density of . The racial makup of the city was 80.52% White, 4.13% African A ...
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Automated Retail
Automated retail is the category of self-service, standalone kiosks that operate as fully automatic retail stores through the use of software integrations to replace the traditional retail services inside in a traditional retail store. These standalone kiosks are often located in heavily trafficked locations such as airports, malls, resorts and transit hubs. Consumers often browse and select products using a touchscreen interface that operates similar to an ecommerce website, pay for purchases using a credit or debit card, and then the product is dispensed through a system other than gravity fed drop systems, often via a robotic arm inside the kiosk. These software integrations, the consumer experience and the delivery mechanisms are what differentiate automated retail stores from vending machines. ZoomShops and Redbox are examples of companies that pursue an automated retail business model.
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Stev ...
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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 ...
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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 ...
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