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Redbox and Lionsgate Reach Deal to Keep New Movies in Kiosks

Redbox and Lionsgate Reach Deal to Keep New Movies in Kiosks

Redbox and Lionsgate have come to a multi-year agreement on their kiosk offerings, including day-and-date distribution for its discs.

Films from the movie studio will be available to rent at Redbox's 42,000 kiosks on the same day they go on sale. That spells good news for the DVD rental operator, which continues to stay in business despite declines in disc sales and rentals in the face of massive competition from streaming.

"This new deal allows Redbox to lean further into Lionsgate content in a more impactful way across our physical and digital offerings," Redbox CEO Galen Smith said. "We're thankful for the continued partnership that allows us to offer consumers more choice when planning a meaningful movie night with friends and family.”

Earlier this year, Redbox also signed a multi-year agreement with Sony to make its films available for rental the day of sale. It also has distribution deals with Warner and Universal Pictures.

First Poster + Trailer for 'The Shining' Horror Sequel 'Doctor Sleep’

First Poster + Trailer for 'The Shining' Horror Sequel 'Doctor Sleep’

Banksy x Danny Boyle "The Alternativity"

Banksy x Danny Boyle "The Alternativity"