Coinstar CFO Says Strong Summer Films to Bolster 2013 Results

Coinstar Inc., owner of the Redbox DVD vending machines, said results in the second half of the year will benefit from a strong slate of summer movies from Hollywood studios.

Galen Smith, chief financial officer of the Bellevue, Washington-based company, made the coment today at the B. Riley & Co. investor conference in Santa Monica, California. DVD rental demand remains robust, he said.

To contact the editor responsible for this story: Rob Golum at rgolum@bloomberg.net

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