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.
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