Coinstar Inc (CSTR)
Coinstar is all about kiosks. Some of them will count your change so you don't have to spend hours flipping pennies, and others will rent you the latest movies on DVD for cheap. Hey, at least you don't have to deal with that jerky video clerk, who sneers at you for renting "Big Momma's House 2" instead of Kurosawa or Truffaut.
Verizon (VZ) and DVD kiosk company Redbox (CSTR) is teaming up on a streaming video partnership, a move that puts Netflix (NFLX) squarely in their crosshairs. The companies said that the joint venture will launch in the second half of the year. The service will offer "subscription services and more," and it will be available on multiple platforms like smartphones, tablets, and televisions. Also, the service will be available to everyone, not just Verizon customers. Details on this venture are unknown right now, but it does sound interesting. Don???t you think?
Just two weeks after Best Buy (BBY) trumpeted the release of DreamWorks Animation???s (DWA) Kung Fu Panda 2 in ads listing the Blu-ray combo pack for $22.99, a new ad for the consumer-electronics retailer now lists the pack for $14.99, a 35% discount. The price reduction was prompted by strong demand for the feature at Redbox (CSTR) kiosks, where it was No. 1. So the question here, would you rather rent or own?
There stock prices have went up and down. For now they are staying up!
almost always a gain....except for when it loses money, so inconsistent
feels good about this company now that redbox is up on just about every corner
coinstar machines rob you, but redbox is brilliant, now if only I can get the pokey slow people out of my darn lines there!- over 2 years ago
They own redbox, which is blowin up everywhere, They cant keep up with demand.
amen- almost 2 years ago
Events
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February272012Coinstar, Inc. Presents at Deutsche Bank Securities 20th Annual Media and Telecom Conference, Feb-27-2012
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Current price per share
Today's gain: $-0.96 (-1.70%)
