S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Investing

Coinstar’s Deal with Time Warner Unchanged (CSTR, TWX, NFLX, DISH)

Photo of Paul Ausick
By Paul Ausick Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Redbox video vending machine owner Coinstar Inc. (NASDAQ: CSTR) has denied that the company has a new deal with Time Warner Inc. (NYSE: TWX) that doubles the time that Coinstar must wait before it can release new movies.

There have also been reports that Neflix Inc. (NASDAQ: NFLX) and Blockbuster, now owned by Dish Network Inc. (NASDAQ: DISH), would also have to wait 56 days to release new movies.

Under the existing agreement between all the companies, Coinstar, Netflix, and Blockbuster may distribute DVDs 28 days following the date the DVDs are released for sale. A reported delay of 56 days is not (yet) agreed.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Douglas A. McIntyre |

Coinstar: The Next Blockbuster

Courtesy Coinstar Inc.Stock analysts and investors assume that because one business model is better than another, the better business model…

Paul Ausick |

Watching Movies at Home Beats Going to Theaters (NFLX, CSTR, AMZN, DISH, WMT, SNE)

In 1999, about 92% of $13.2 billion in home entertainment spending went to VHS tapes.That percentage fell to zero in…

Douglas A. McIntyre |

Netflix Crushes Redbox

Coinstar (NASDAQ: CSTR) said that sales results from its Redbox kiosks were below expectations. That caused the company to revise…

Jon C. Ogg |

The Daily Gimmick: Blockbuster’s TV Ads (NFLX, CSTR, AMZN, AAPL)

Being Blockbuster must be just awful now.  We picked this as one of several key brands which would disappear, and…

Paul Ausick |

DVD/Blu-ray Rentals Fall, Netflix Leads Streaming Market (NFLX, AMZN, CSTR, DISH)

Nearly a third of US consumers now watch movies and other videos on Internet streaming services such as those offered…

Paul Ausick |

Netflix Shares Jump, But Where Will They Land?

Shares of video rental giant Netflix Inc. (NASDAQ: NFLX) are up more than 13% in the early afternoon today following…

Jon C. Ogg |

Netflix Pain, Pleasure For Competitors (NFLX, AMZN, WMT, AAPL, BBY, DISH, CSTR)

The first votes are in on the pricing scheme introduced in July by Netflix, Inc. (NASDAQ: NFLX) and it appears…

Jon C. Ogg |

Netflix Backs Down on Qwikster (NFLX, AMZN, WMT, CSTR, DISH)

The management team at Netflix Inc. (NASDAQ: NFLX) apparently spent the weekend trying to come up with a way to…

Douglas A. McIntyre |

Movie Rental Risk… Wal-Mart & Vudu (WMT, NFLX, BBI, CSTR, TIVO)

Deciding who wins and who loses in movie rentals has proven to be a difficult task other than stating the…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820