Redbox

The recently expanded mini-conglomerate partners with Publicis Media’s APX Content Ventures for series that will run across both its AVOD platforms

After losing $141 million in 2021, Redbox revenue is expected to triple to $500 million under new parent company

Redbox stock was up more than 5X at one point after a subreddit movement emerged to squeeze short sellers

'They built their transactional video business, their PVOD business, their FAST TV business with 130 FAST channels,' he tells Next TV. 'That's a perfect fit for what we do with our multiple AVOD networks'

Transaction includes $50 million in stock and assumption of debt

The transitioning -- and troubled -- video company has seen its stock price more than double since Friday

Studio's Alter channel launches on Samsung TV Plus, Redbox

The amount of theatrical movie titles available to Redbox kiosks dropped 16%, but revenue declined a whopping 47%

So says the erstwhile App Annie (now 'data.ai'), which has some surprising data about the services consumers use the most

Redbox's 10% workforce cut comes just six months after its SPAC IPO. The company says COVID-related movie supply chain issues are killing its kiosks business