Redbox Indicators Crew Whistle’s Palomino Media Group to Deal with Direct Gross sales for Advert Supported Streaming Video Platform

NEW YORK–()–Redbox (NASDAQ: RDBX), a number one leisure firm, at this time introduced it has signed a take care of world sports activities and leisure media firm Crew Whistle to have their Palomino Media Group deal with direct gross sales for his or her advertiser-supported streaming video platform that features Advert Supported Video on Demand (AVOD) and Free Advert Supported Tv (FAST) channels. Palomino Media Group is an award-winning media gross sales group inside Crew Whistle serving to prime platforms within the streaming video area monetize their stock with tailor-made options.

Redbox has been aggressively increasing its free streaming efforts and not too long ago surpassed 120 FAST channels with latest additions that embrace Yahoo! Finance, 10 native information channels from Cox Media Group (CMG), and standard kids’s channel Glad Children. The corporate has additionally not too long ago introduced an AVOD content material take care of Lionsgate, and now provides over 5,000 films and TV exhibits utterly free.

“Palomino Group is among the greatest direct gross sales organizations within the streaming enterprise and we’re thrilled to be working with them to promote our stock,” stated Jason Kwong, Chief Technique and Digital Officer, Redbox. “As we work to quickly develop our free streaming enterprise, having a associate like Palomino will assist us develop even sooner.”

“We have now a protracted historical past promoting stock for streaming platforms” stated Kyle Younger, EVP of Options at Crew Whistle. “We’re excited to associate with Redbox of their efforts to scale income development on their streaming platform and ship a best-in-class expertise for Redbox’s advertiser companions.”

About Redbox

Redbox (NASDAQ: RDBX) is a number one leisure firm that offers shoppers entry to a big number of content material throughout digital and bodily media. The corporate operates a quickly rising digital streaming service that gives each advert supported (AVOD) and paid films from Hollywood studios and a whole lot of content material companions, in addition to over 120 channels of free advert supported streaming tv (FAST). The Redbox app is offered on main leisure platforms that embrace Roku gadgets, linked TVs, gaming platforms, the online as effectively iOS and Android gadgets. Redbox additionally operates its standard kiosks throughout the US at hundreds of retail places – giving shoppers inexpensive entry to the newest in leisure. The corporate produces, acquires, and distributes films by means of its Redbox Leisure™ label, offering rights to talent-led movies which are distributed throughout Redbox’s digital and bodily providers in addition to by means of third-party digital providers. Headquartered simply outdoors of Chicago, Redbox has places of work in Los Angeles and Seattle. For extra info go to www.redbox.com.

Ahead-Trying Statements

Sure statements on this press launch could comprise “forward-looking statements” inside the which means of the Non-public Securities Litigation Reform Act of 1995. The phrases “anticipate,” “consider,” “proceed,” “may,” “estimate,” “count on,” “intend,” “could,” “may,” “plan,” “doable,” “potential,” “predict,” “mission,” “ought to,” “would” and related expressions could establish forward-looking statements, however the absence of those phrases doesn’t imply {that a} assertion will not be forward-looking. The forward-looking statements on this launch embrace statements concerning the Redbox administration crew’s expectations, hopes, beliefs, intentions or methods concerning the way forward for its free streaming providers. Ahead-looking statements are usually not ensures of future actions, outcomes, efficiency or occasions, which can differ materially from these expressed or implied in such statements. Variations could outcome from actions taken by Redbox or their administration, in addition to from dangers and uncertainties past their management. Such dangers and uncertainties embrace, however are usually not restricted to, modifications adversely affecting the enterprise through which Redbox is engaged, the dangers related to demand for Redbox’s providers and vulnerability to trade downturns and regional or nationwide downturns, competitors from new and current rivals, Redbox’s dependence upon third events to offer sure content material and providers, and normal financial and political circumstances. The foregoing record of dangers and uncertainties is illustrative however certainly not exhaustive. For extra info on elements which will have an effect on Redbox, please evaluation the “Threat Components” and different disclosures described in Redbox’s (and beforehand Seaport International Acquisition’s) public studies filed with the SEC, together with its Annual Report on Kind 10-Ok, Quarterly Stories on Kind 10-Q, and Present Stories on Kind 8-Ok in addition to the preliminary and the definitive proxy statements filed with the SEC in reference to the solicitation of proxies for the assembly of stockholders that authorized the enterprise mixture between Redbox and Seaport. These forward-looking statements mirror Redbox’s expectations as of the date of this launch. Redbox undertakes no obligation to replace the knowledge supplied herein.

Palomino Media Group

Palomino Media Group, the media gross sales arm of Crew Whistle, is an award-winning group serving to prime platforms within the streaming video area monetize their stock with tailor-made options. Rated within the prime 4 within the Myers Report amongst a listing of most trusted gross sales organizations, Palomino helps its shoppers set up credibility within the market and scale by means of direct gross sales and media operations. Crew Whistle is a sports activities and leisure media firm constructed to have interaction and activate at this time’s followers worldwide, wherever and nevertheless they need it. The corporate’s video content material IP and viewers mixed with its highly effective analytical, manufacturing and industrial capabilities serve to assist manufacturers, distributors, expertise, sports activities leagues and media firms activate and interact shoppers throughout the content material ecosystem.

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