Redbox Net Worth (Updated 2026).

Redbox, a name now synonymous with movie rentals, was founded in 2002 by a group of entrepreneurs who saw an opportunity in the evolving entertainment landscape. The company’s inception was marked by a simple yet innovative idea: to provide a convenient, 24/7 self-service movie rental kiosk. This concept was a breath of fresh air in an era dominated by traditional brick-and-mortar video stores with limited operating hours.

The first Redbox kiosk was installed in a McDonald’s parking lot in Long Beach, California. Its success was immediate, with customers appreciating the ease of use, wide selection of titles, and the low price point of $1 per night. This model, which combined the accessibility of a vending machine with the vast library of a video store, quickly gained traction. By 2005, Redbox had expanded to over 5,000 kiosks across the United States, signaling its transformation from a novel idea to a formidable player in the entertainment industry.

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Redbox’s Current Net Worth (2025)

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As of 2025, Redbox’s current net worth is estimated to be around $1.5 billion. This figure takes into account the company’s extensive portfolio of movie and game rental kiosks, as well as its digital streaming services.

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Career

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Redbox was founded in 2002 by a team led by Gary Cohen, with the first kiosk launched in 2004. Initially focused on DVD rentals, the company expanded to include Blu-ray and video game rentals. In 2012, Redbox introduced its digital streaming service, Redbox On Demand.

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Other Ventures

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In addition to its core rental business, Redbox has ventured into other areas. In 2017, it launched Redbox Free Live TV, a free, ad-supported streaming service. The company also offers Redbox Rent & Own, a service that allows customers to purchase physical and digital copies of movies.

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Assets

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Redbox’s primary assets include its extensive network of kiosks, totaling over 41,000 units across the United States and Canada. The company also owns a large library of movies and games, as well as its digital streaming platforms and content licenses.

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Annual Income

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According to the latest available data, Redbox’s annual income in 2021 was approximately $1.2 billion. This figure reflects the company’s revenue from movie and game rentals, as well as its digital streaming services and other ventures.

Frequently Asked Questions about  Redbox

Frequently Asked Questions about Redbox

1. What is Redbox?

Redbox is a popular movie and game rental service based in the United States. It allows customers to rent DVDs, Blu-ray discs, and video games from automated kiosks located in various retail stores and other public places.

2. When was Redbox founded?

Redbox was founded in 2002 and launched its first kiosk in October 2004.

3. Who is the owner of Redbox?

Redbox is a subsidiary of Chicken Soup for the Soul Entertainment, Inc., which acquired it from Coinstar, Inc. in 2018.

4. How many Redbox kiosks are there?

As of 2021, there are over 38,000 Redbox kiosks across the United States and Canada.

5. What is the Redbox Net Worth?

The latest estimated net worth of Redbox is $1.5 billion.

6. How does Redbox make money?

Redbox generates revenue through rental fees for movies and games, as well as through partnerships with retailers and other businesses that host its kiosks.

7. Can I return a Redbox rental to any kiosk?

Yes, you can return a Redbox rental to any kiosk, regardless of where you initially rented it.

8. What happens if I keep a Redbox rental too long?

If you keep a Redbox rental past its due date, you will be charged a late fee. If the item is not returned within 24 hours after the due date, you will be charged the full retail price of the item.

9. Does Redbox have an app?

Yes, Redbox has a mobile app for both iOS and Android devices, which allows users to browse movies and games, reserve items, and manage their rentals.

10. Can I stream movies with Redbox?

Yes, in addition to its physical rental service, Redbox also offers a streaming service called Redbox On Demand, which allows users to rent or purchase movies and TV shows to stream on various devices.