Redbox wants to save Netflix’s DVD business
by Emma Roth from The Verge - All Posts on (#6B1C5)
Photo by Smith Collection/Gado/Getty Images Redbox wants to give Netflix's DVD business a second chance at life, but Netflix isn't budging. That's according to a report from The Hollywood Reporter (via NextTV), which says that Redbox's parent company has already expressed interest in acquiring Netflix's DVD business, only to get turned down by the streamer several times.
Bill Rouhana, the CEO of Chicken Soup for the Soul, which acquired Redbox for $370 million last year, tells The Hollywood Reporter that Netflix has brushed off his attempts to purchase its DVD business three or four times" before Netflix announced its decision to sunset the offering on Tuesday. I'd like to buy it," Rouhana says. I wish Netflix would sell me that business instead of shutting it down."
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