Sony to make $460 million from redbox deal

Sony to make $460 million from redbox deal
July 21, 2009

News of Sony Pictures' distribution deal with redbox has been widely reported this week, and now Reuters is reporting that the movie studio is set to make $460 million under the terms of the multiyear deal.

Coinstar, redbox's parent, issued a regulatory filing Tuesday outlining the terms of the deal. In the filing, the company also noted that Sony will have discretion to terminate the agreement early.