Cosmo DeNicola Companies News


Friday, April 28, 2023

CHICKEN SOUP FOR THE SOUL ENTERTAINMENT ADDS 1,500 REDBOX KIOSKS AT DOLLAR GENERAL STORES

Capitalizing on the resurgence of blockbuster movies, partnership gives Dollar General customers fast access to the newest titles.

 

Total number of Redbox kiosks at Dollar General locations expected to surpass 5,000 by end of 2024.

 

DVD rentals are expected to significantly grow with an expanded theatrical slate of 39 major films this year, including Spider-Man: Across the Spider-VerseGuardians of the Galaxy Vol.3, and Transformers: Rise of the Beasts

 

COS COB, Conn.– Redbox, a Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) company – one of the largest providers of premium content to value-conscious consumers, today announced it signed an expanded partnership agreement with Dollar General Corporation (NYSE: DG) to add 1,500 Redbox kiosks over the next two years. This will bring the number of Redbox kiosks at Dollar General to over 5,000 locations by the end of 2024, giving customers faster access to the newest movies.

 

“Dollar General has been an incredibly important strategic partner for Redbox, as we both serve value-conscious customers,” said William J. Rouhana, Jr., chief executive officer of Chicken Soup for the Soul Entertainment. “As the economy continues to challenge and impact consumers, expanding Redbox’s kiosks nationwide with Dollar General will provide millions of Americans additional access to more affordable entertainment.”  

 

The Redbox kiosk expansion comes when theatrical releases are rapidly increasing. In 2023, over 39 major films are slated to be released, including the latest installments from major franchises such as Spider-Man: Across the Spider-Verse, Guardians of the Galaxy Vol.3, Fast X, Mission: Impossible – Dead Reckoning Part 1, Transformers: Rise of the Beasts, Indiana Jones and the Dial of Destiny, and more. These titles and many others will be available in Redbox kiosks shortly after their theatrical run.

 

 

Topics: Chicken Soup for the Soul Entertainment, Redbox