March 21, 2013
Redbox Instant, the new streaming and DVD service by Coinstar (NASDAQ: CSTR ) and Verizon (NYSE: VZ ) , has barreled onto the streaming scene. But even if it becomes a big success, the service won't have much of an impact on Coinstar's earnings. Fool contributor Demitrios Kalogeropoulos explains why, and points to a more promising source of growth for the company in the automated retailing space.
Internet video streaming may be all the rage, but customers still flock to the ubiquitous red boxes that spit out DVDs. How long can Coinstar, the company behind Redbox DVD rentals and its namesake loose-change coin machines, survive on this old medium? Longer than many may think, especially with its new expansion plans. The opportunity is ripe for Coinstar to grab market share, but is it the right time for investors to grab its stock? To get the answer to this question, you're invited to check out The Motley Fool's new comprehensive research report on the opportunities, risks, and must-watch areas in Coinstar's future. Simply click here now to claim your copy today.
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