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Company Profile

Outerwall, Inc. is a provider of automated retail solutions offering convenient products and services that drive incremental retail traffic for retailers. The company operates through three segments: Redbox, Coinstar and New Ventures. The Redbox segment operates self-service Redbox kiosks, where consumers can rent or purchase movies and video games focused on the entertainment sector. The Coinstar segment is focused on the money consumer sector and provides self-service kiosks where consumers can convert their coins to cash and convert coins and paper bills to stored value products. This segment also offers self-service kiosks that exchange gift cards for cash under its Coinstar Exchange brand. The New Ventures segment focuses on identifying, evaluating, building or acquiring, and developing innovative new self-service concepts in the automated retail space. The company was founded by Jens Henrick Molbak in February 1991 and is headquartered in Bellevue, WA.