Redbox to Sell Event Tickets at Los Angeles-Area Kiosks
Redbox Tickets(TM) Establishes Agreements With Leading Ticketing
Companies and Caesars Entertainment Corp; Inventory Owners and Venues
to Offer Los Angeles Consumers Great Tickets at Great Value
OAKBROOK TERRACE, IL -- (Marketwire) -- 01/24/13 -- Redbox, a
Coinstar, Inc. (NASDAQ: CSTR) brand and America's destination for
entertainment, announced today that it has started selling live event
tickets in the Los Angeles market, expanding the Redbox Tickets
service that recently launched in Philadelphia.
Tickets are now available at approximately 1,300 Redbox(R) kiosks in
Los Angeles and online at redbox.com/tickets. Redbox also announced
new agreements with five leading ticketing companies, including Agile
Ticketing, Paciolan, ShoWare, Ticketfly and TicketMob, as well as one
with Caesars Entertainment.
"Redbox is a trusted brand and a connector to local communities,"
said Anne Saunders, president of Redbox. "With the introduction of
Redbox Tickets in Los Angeles, customers can now rely on us to
discover great tickets to events and attractions from our trusted
partners at a great value."
Redbox will make these tickets available for sale at face value or
below, with just a $1 fee per ticket, in addition to ticket price and
tax. Tickets can either be printed at home or picked up at the event
venue. Redbox Tickets can be purchased online and at the same kiosks
where consumers rent DVDs, Blu-ray Discs(TM) and video games.
Today's announcement covers a variety of Los Angeles-based
entertainment options for Redbox kiosks, including concerts, comedy
clubs, nightclubs, motorsport events, cultural events and
-- Agile Ticketing brings more laughs to Redbox kiosks with tickets to
shows at the legendary Laugh Factory clubs in Hollywood and Long
-- An agreement with Caesars Entertainment will soon add a strong lineup
of Las Vegas-based entertainment options to Redbox kiosks. With more
than 30 shows across eight Las Vegas resorts, including Caesars
Palace, Planet Hollywood Resort & Casino, Flamingo and Harrah's,
this agreement provides Redbox users the widest selection of
entertainment options in the fame
d resort city. From iconic production
shows like Bally's Jubilee! to special concert performances, comedy
acts or magic spectaculars, such as Rio headliners Penn & Teller,
Caesars offers entertainment to suit every taste and budget.
-- Ticketfly, a leading ticketing and marketing platform in the US and
Canada, has signed an agreement with Redbox, and is in the process of
making concert ticket inventory available for venues in Los Angeles.
"As the market leader in data-driven event ticketing, Ticketfly is
always looking for new ways to help our clients streamline operations
and sell more tickets," said Gannon Hall, Ticketfly's chief marketing
& product officer. "Our agreement with Redbox provides exciting
new online and retail channels for venues and promoters using
Ticketfly to reach consumers via a trusted brand in entertainment."
-- Through an agreement with TicketMob, the premier forward-thinking and
socially-driven ticketing platform, Redbox will begin offering tickets
for one of the country's best known comedy brands, Improv Comedy
Clubs, at four of its Los Angeles locations. TicketMob and Redbox will
also offer tickets to the legendary nightclubs that make Los Angeles
the entertainment capital of the world, including Playhouse Nightclub
"TicketMob is thrilled to be one of the very first launch partners
of Redbox Tickets in Los Angeles," said Scot Richardson, TicketMob
founder/CEO. "The ability to help our artists, venues and promoters on
LaughStub, TuneStub and ElectroStub drive additional ticket sales with
a vast retail network of consumers is a win-win."
-- Motorsports events are currently available through NASCAR(R)/ ISC
at Auto Club Speedway in Fontana and the National Hot Rod Association
(NHRA) at Auto Club Raceway in Pomona.
-- Paciolan, the leading provider of self-operational ticketing,
marketing, and fundraising solutions, will be working with Redbox to
bring select college athletics, performing arts, professional sports,
and concert ticket inventory to kiosks and online in the near future.
-- Redbox Tickets has fully integrated its platform with online ticketing
company ShoWare, which serves a broad range of events such as fairs
and festivals, casinos, sports arenas, live concert venues, and
performing arts centers. The integration allows ShoWare clients,
through use of the Redbox API, to allocate tickets to the Redbox
-- Ticketed admission will be sold to the Los Angeles County Museum of
Art (LACMA) Stanley Kubrick Exhibition, Hollywood Wax Museum, the
Guinness World Record Museum, as well as Pacific Park, the family
amusement park on the Santa Monica Pier.
-- Affordable packages to local attractions are available through
agreements with Smart Destinations and CityPASS Hollywood.
"We are excited to bring Redbox Tickets to Los Angeles, and to expand
our events-industry relationships to more ticketing companies, event
producers and venues," said Mark Achler, senior vice president of new
business, innovation and strategy, Redbox. "Redbox is truly a partner
to the industry in marketing events to our customers who are eager to
discover great live entertainment."
Consumers who are interested in discovering local entertainment and
attractions can go to their Los Angeles-area Redbox kiosks or visit
www.redbox.com/tickets. Interested venues, event owners, attractions,
team owners and ticketing companies can contact Redbox at
Redbox Tickets first launched in Philadelphia in October 2012
offering ticket sales online and at more than 650 Redbox kiosks in
the metropolitan Philadelphia market.
Redbox Automated Retail, LLC, a wholly owned subsidiary
of Coinstar, Inc. (NASDAQ: CSTR), offers new-release DVD, Blu-ray
Disc(TM) and video-game rentals through its network of conveniently
located, self-service kiosks. Redbox has rented more than 2 billion
discs and is available at approximately 42,400 kiosks across 34,600
locations nationwide, including leading grocery, drug and convenience
stores, and select Walgreens, Walmart and McDonald's locations in
some markets. For more information, visit redbox.com.
Safe Harbor for Forward-Looking Statements
Certain statements in
this press release are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
including phrases conveying expectation or intent and other
expressions identifying future performance. Forward-looking
statements are not guarantees of future performance which may vary
materially from performance expressed or implied in the
forward-looking statements. Differences may result from actions taken
by Coinstar, Inc. or Redbox as well as those of third parties and
from risks and uncertainties beyond our control. Such risks and
uncertainties include, but are not limited to, changes in the rollout
timing for tickets, ability to obtain or maintain adequate inventory,
our ability to attract new partners and penetrate new markets and
annels and the termination, non-renewal or
renegotiation on materially adverse terms of contract terms with our
suppliers and retailers. The foregoing risks and uncertainties are
illustrative, but by no means exhaustive. For more information on
factors that may affect future performance, please review "Risk
Factors" described in our most recent Form 10-K and Forms 10-Q filed
with the Securities and Exchange Commission. These forward-looking
statements reflect Coinstar, Inc., and Redbox's expectations as of
the date of this release. Neither Coinstar, Inc., nor Redbox
undertakes any obligation to update the information provided herein.
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