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Universal Studios Demands Cut of DVD Kiosk Revenue 'or Else'

By soulxtc

Tells Redbox that if doesn't sign a "revenue sharing agreement" that it will cut off its distributors supply of Universal DVDs. We always hear Hollywood carrying on about how its trying to innovate and satisfy the demands of consumers, but once again we see this couldn't be further from the truth. Following the efforts by the MPAA to make sure you can't back up purchased DVDs comes word that Universal Studios is targeting Redbox DVD rental kiosks. Redbox rents and sells DVDs to consumers through automated, self-service kiosks located across the US in locations such as McDonald's, where it began in 2002 — as well as other retail, pharmacy and grocery store locations across the country. In fact, the company surpassed Blockbuster Inc.

Full post as published by ZeroPaid on October 28, 2008 (boomark / email).