Companies Also Plan to Sign a Manufacturing and Services Agreement
OAKBROOK TERRACE, Ill.–Feb. 6, 2012 – Redbox Automated Retail, LLC, a wholly-owned subsidiary of Coinstar, Inc. (Nasdaq: CSTR) today announced that Redbox has agreed to purchase assets of NCR Corporation’s (NYSE: NCR) entertainment line of business. The acquisition includes the purchase of the DVD kiosks, certain retailer contracts, and DVD inventory from NCR’s entertainment line of business. In connection with the asset purchase, Coinstar and NCR also will enter into a strategic supplier arrangement where Coinstar will purchase product and services from NCR.