Company

Redbox Entertainment Inc.

Redbox Entertainment Inc. operates kiosks that rent DVDs, Blu-rays and 4K UHD movies at grocery stores, pharmacies and other retailers.

About

Redbox Entertainment Inc., formerly Redbox Automated Retail, LLC, was founded in 2002 and is based in Oakbrook Terrace, Illinois. It operates kiosks at convenience stores, grocery stores, pharmacies and other retailers that rent movies, with reservations available through a smartphone app. Revenue comes from daily rental fees, annual plans of USD 9.99 or USD 19.99 per year and streaming services, and the company generated USD 546 million in 2020. In May 2021 it agreed to go public through a business combination with Seaport Global Acquisition Corp.

2Funding rounds

2Investors

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