Redbox, Sony extend distribution deal, keep the movies flowing with no delays

While Redbox's parent company Coinstar rejoiced over earnings results that showed revenue growth that was partially due to last year's price hike, the kiosk movie renter had more good news after extending its DVD licensing deal with Sony Pictures. This means Redbox can rent Sony movies the same day they go on sale in stores and has the option to license Blu-ray movies as well through September 2014, when Sony will have the option of two one-year extensions. We'll still have to wait and see if it can work out an arrangement with Warner and Disney, and what its streaming service has to offer, but more new movies right away is always good.