CHICAGO–(BUSINESS WIRE)–Redbox, a number one leisure firm, in the present day introduced it has signed a multi-faceted settlement with Curiosity Inc., the worldwide factual media firm, to convey extra leisure choices to Redbox clients. As a part of the settlement, Redbox will promote Curiosity’s subscription video on demand service (SVOD), Curiosity Stream, and embody choose content material from Curiosity on Redbox’s fast-growing Advert Supported Video on Demand (AVOD) and Free Advert Supported Streaming Tv streaming (FAST) providers. The businesses have additionally agreed to supply Curiosity Stream as a premium subscription providing when Redbox launches SVOD Channels in its streaming app in 2022.
Underneath phrases of the deal, the Curiosity Stream SVOD service shall be made accessible to pick out Redbox clients on a promotional trial foundation and promoted on Redbox’s 40,000 kiosks and digital streaming properties. Moreover, Redbox will license Curiosity content material which shall be provided on Redbox’s AVOD and FAST streaming providers within the coming months.
“Our clients will respect the high-quality content material delivered by Curiosity Stream and we’re excited to work with them to develop their viewership via distribution of their service on the Redbox app,” stated Jason Kwong, Chief Technique and Digital Officer, Redbox.
“We’re thrilled to companion with Redbox as they proceed to develop their video streaming choices,” stated Brandon Fong, Senior Vice President of Partnerships and Distribution for Curiosity Inc. “Because the main factual leisure service, Curiosity is ideally positioned to ship inexpensive, excessive worth leisure to Redbox clients who need to know extra concerning the world round them.”
Redbox is America’s main vacation spot for inexpensive new-release films and leisure with extra methods to look at than another dwelling leisure supplier. Redbox delivers worth and comfort via unparalleled selection throughout content material, platforms, rental and buy choices, and worth factors. The corporate not too long ago introduced a definitive settlement to mix with Seaport International Acquisition Corp. (Nasdaq: “SGAM,” “SGAMU,” and “SGAMW”), a publicly traded particular objective acquisition firm. The transaction, which is able to lead to Redbox changing into a publicly traded firm, is predicted to speed up Redbox’s ongoing transformation to supply clients and companions a multi-product expertise throughout bodily and digital channels. The corporate’s increasing streaming providing consists of digital rental and buy in addition to free stay TV and free On Demand content material and enhances Redbox’s nationwide footprint of leisure kiosks, conveniently positioned the place shoppers already store. Redbox Leisure, a brand new content material acquisition and manufacturing division, has additional reworked Redbox right into a multi-channel content material supplier. For extra info, go to redbox.com.
About Curiosity Inc.
Curiosity Inc. is the leisure model for individuals who need to know extra. The worldwide media firm is dwelling to award-winning unique and curated factual movies, exhibits and sequence masking science, nature, historical past, expertise, society and way of life. With roughly 20 million paid subscribers worldwide and 1000’s of titles, the corporate operates the flagship Curiosity Stream SVOD service, accessible in additional than 175 nations worldwide; Curiosity Channel, the linear tv channel accessible by way of international distribution companions; and Curiosity Studios, which oversees unique programming. Curiosity Inc. not too long ago accomplished the acquisition of One Day College, which supplies entry to participating talks and lectures from the perfect college and school professors in the US. Curiosity Inc. is an entirely owned subsidiary of CuriosityStream Inc. (Nasdaq: CURI). For extra info, go to CuriosityStream.com.