Latest in Redbox Entertainment

Redbox, which went public via a SPAC last year, said it will lay off 150 employees, about 10% of its workforce. In an SEC filing, the company said “a number of potential strategic alternatives with respect to the company's corporate or capital structure.” The “ongoing adverse effects” of Covid are to blame for the…

EXCLUSIVE: Redbox Entertainment has signed North American rights to Verdi Productions' action-crime film Johnny & Clyde, starring Avan Jogia (Zombieland: Double Tap), Ajani Russell (Betty), Tyson Ritter (Preacher) and Megan Fox (The Expendables 4). Directed by Tom DeNucci (Vault), the movie is due to get a theatrical…

Redbox Entertainment and Red Sea Media have signed world rights to the action-adventure film King Of Killers, based on the graphic novel of the same name. Frank Grillo leads the cast of the movie, which will shoot in Winnipeg, Canada, later this month. The film tells the story of a group of international assassins who…

EXCLUSIVE: Redbox Entertainment has acquired U.S. distribution rights to thriller film Assailant. Assailant follows British couple, Zoe and Jason, whose marriage is on the rocks as they sail to the Caribbean in hopes of saving their marriage. After a seemingly harmless bar fight between the husband and a mysterious…

Redbox, originally a disc-dispensing network of kiosks developed by executives at McDonald’s, kicked off a new corporate chapter today by becoming a publicly traded company. Its stock surged 24% during the trading session, touching a high of $14.44 before closing at $11.90. The public listing on the Nasdaq was created…

Redbox, the 19-year-old entertainment mainstay known for its network of disc-dispensing kiosks, will become a public company on Monday. The company confirmed the date of its long-planned initial public offering after closing its merger with special-purpose acquisition company Seaport Global. The SPAC deal, announced…

EXCLUSIVE: Redbox has set a multi-year distribution deal with Lionsgate for the release of Redbox Entertainment titles and also stocking Redbox streaming services with Lionsgate library fare. Formed in 2019, the entertainment division of the longtime operator of DVD kiosks is an important part of the company’s…

EXCLUSIVE: Redbox Entertainment has acquired U.S. distribution rights to under-the-radar action-thriller Vendetta, which is starring Bruce Willis (Die Hard), Clive Standen (Taken), Thomas Jane (The Last Son), Theo Rossi (Army of the Dead), and Mike Tyson (The Hangover). Written and directed by Jared Cohn (The Horde)…

EXCLUSIVE: When Redbox was founded in 2002, video rental rival Blockbuster had thousands of global stores and Netflix was still sending its customers DVDs through the mail. Two decades later, streaming is the universal mantra and Darwinian law is starting to assert itself, but Redbox CEO Galen Smith has presided over…

EXCLUSIVE: Redbox Entertainment has picked up North American distribution rights to Muti, the action-thriller starring Oscar winner Morgan Freeman (Million Dollar Baby) and Yellowstone star Cole Hauser. As we first revealed, Muti heralds from writer-director George Gallo (Bad Boys) and producers Iervolino & Lady…

EXCLUSIVE: Charles Murray, a writer and producer whose wide-ranging credits include Sons of Anarchy, Star Wars: The Clone Wars, and Luke Cage, has set a slate deal with Redbox Entertainment spanning six films over three years. The pact centers on Command Films, a new production company founded by Murray and Marc…

UPDATED with trailer and key art: Vertical Entertainment has released the first trailer and the key art for She Ball. Watch the video above and check out the poster below. PREVIOUS EXCLUSIVE: Redbox Entertainment has acquired the North American distribution rights to She Ball, a new film written, produced, and…