- Redbox (NASDAQ:OUTR) has sealed a new deal with 20th Century Fox Home Entertainment (FOX, FOXA) that will keep discs in Redbox's machines with a 28-day embargo on new releases through June 30, 2017.
- The deal follows a similar one that the Outerwall disc-kiosk unit made with Warner Home Video in March.
- Fox's division president Mike Dunn said that while more and more media has gone streaming, packaged rentals are still a vital component to the Home Entertainment division. Redbox logged its best-ever rental week in the just-past fiscal quarter.