Redbox predicts $50M quarterly gain from Movie Gallery exit

Redbox predicts $50M quarterly gain from Movie Gallery exit
July 25, 2010

According to Home Media Magazine, with the recent buyout of Movie Gallery, Coinstar hopes to generate close to $1.6 billion by the end of this year. Redbox predicts a $50 million quarterly revenue gain with the liquidation of Movie Gallery and Hollywood Video store sales, reported by analysts.