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Redbox Explosion: Movies and Shakers

Photo of Anne Thompson By Anne Thompson | Thompson on Hollywood August 20, 2009 at 5:12AM

Swiftly growing Mint.com lures potential customers into its jaws with nifty charts like this one: where do people spend money on movies? The answer: Redbox is exploding.
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Swiftly growing Mint.com lures potential customers into its jaws with nifty charts like this one: where do people spend money on movies? The answer: Redbox is exploding.

If the studios rely on their share of DVD sales for their survival, it makes sense that the ones resisting Redbox are not just being greedy if they want to stave off a huge slash in their annual income. The obvious solution --which I predict will come sooner rather than later --is that a studio will buy Redbox. The Wrap's Michael Speier explores what's at stake. Homevideo wonk Diane Garrett is also tracking this huge developing story.

MINT-MOVIES4

This article is related to: Studios, DVDs, Redbox


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Thompson on Hollywood

Born and raised in Manhattan, Anne Thompson grew up going to the Thalia and The New Yorker and wound up at grad Cinema Studies at NYU. She worked at United Artists and Film Comment before heading west as that magazine's west coast editor. She wrote for the LA Weekly, Sight and Sound, Empire, The New York Times and Entertainment Weekly before serving as West Coast Editor of Premiere. She wrote for The Washington Post, The London Observer, Wired, More, and Vanity Fair, and did staff stints at The Hollywood Reporter and Variety. She eventually took her blog Thompson on Hollywood to Indiewire. She taught film criticism at USC Critical Studies, and continues to host the fall semester of “Sneak Previews” for UCLA Extension.