News: Coinstar, Inc. (CSTR.O)

CSTR.O on Nasdaq

26.49USD
14 Dec 2009
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Mon, Dec 14 2009

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Paramount extends deal with Redbox to June

LOS ANGELES (Reuters) - Viacom Inc-owned Paramount Pictures extended on Monday a trial agreement with Redbox to June 2010, agreeing to provide the kiosk rental chain with DVD releases, but putting off a decision on whether to sign up with the company for a five-year pact.

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UPDATE 1-Paramount extends deal with Redbox to June

* Redbox accused of undercutting DVD sales by some studios

Quotes from the Global Media Summit

NEW YORK (Reuters) - Following are selected comments from speakers at the 2009 Reuters Global Media Summit in New York and London on Wednesday.

Redbox talking with video game makers

NEW YORK (Reuters) - Redbox is talking with video game developers about offering their products in its DVD kiosks and hopes to avoid the kind of resistance it encountered from some Hollywood studios, Redbox's president said on Wednesday.

Blockbuster to combine dual shares

LOS ANGELES (Reuters) - Blockbuster Inc said on Friday that it would change its stock structure in a move the beleaguered U.S. movie rental chain said will improve liquidity.

UPDATE 1-Blockbuster to combine dual shares

LOS ANGELES, Nov 20 (Reuters) - Blockbuster Inc said on Friday that it would change its stock structure in a move the beleaguered U.S. movie rental chain said will improve liquidity.

UPDATE 4-Blockbuster loss grows as sales drop, shares fall

* 25 ct loss excluding items vs 11 cts loss analysts expected

Blockbuster loss grew as sales dropped, shares fall

LOS ANGELES (Reuters) - Blockbuster Inc , the largest U.S. movie rental chain a larger-than-expected quarterly loss as revenue fell more than 20 percent, and its shares dropped 12 percent in after-hours trade.

Blockbuster loss wider than expected, shares drop

LOS ANGELES (Reuters) - Blockbuster Inc , the largest U.S. movie rental chain, posted a larger-than-expected third-quarter loss it said was due primarily to write-offs of debt financing costs and the sale of its Irish unit, and its shares plummeted 12 percent.

UPDATE 2-Blockbuster loss wider than expected, shares drop

* Loss more than double Street view of 11 cts loss/share

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