Redbox

Redbox Automated Retail, LLC, doing business as redbox, is an American video on-demand streaming and video rental company. 
==History==
Redbox Automated Retail LLC was initially developed in Chicago as a part of “Project 361”, a McDonald's business expansion initiative. John Sexton Abrams designed the original concept as an immersive kiosk leveraging McDonald's product supply chain and geographic footprint to provide 24/7 access to fresh dairy and other products. Initially, the kiosks sold a range of goods under the name Ticktok Easy Shop. In late 2003, McDonald's ended its use of the kiosks for these products. https://www.forbes.com/2009/03/06/redbox-blockbuster-rentals-business-media-rebox.html 
In 2005, Coinstar bought 47% of the company for $32 million. http://edgar.secdatabase.com/1091/95013408014521/filing-main.htm In early 2008, Coinstar exercised an option to increase its share from 47% to 51%. In February 2009, Coinstar paid McDonald's between $169 and $176 million for the remainder of the company. https://gigaom.com/2009/02/13/419-dvd-kiosk-firm-redbox-bought-out-by-coinstar-for-up-to-176-million-mcdo/ While traditional brick and mortar rental stores were closing at a high rate, Redbox moved into existing retail locations such as supermarkets, and placed kiosks within them or outside of them to gain access to that consumer base. https://books.google.com/books?id=aY1q881PnNcC&pg=PT56
The company surpassed Blockbuster in 2007 in the number of US locations, passed 100 million rentals in February 2008, and passed 1 billion rentals in September 2010. https://web.archive.org/web/20100831110948/http://www.kioskmarketplace.com/article.php?id=18858&na=1https://web.archive.org/web/20111026171837/http://gigaom.com/video/redbox-hits-one-billionth-rental/ 
==Channel==
The redbox channel was created on November 7, 2005. Their first video was uploaded on August 16, 2010. 
==References==
Category:Film YouTubers
Category:Vlogging YouTubers
Category:Commentary YouTubers
Category:American YouTubers
Category:Users who joined in 2005