CHICAGO–(BUSINESS WIRE)–Redbox, a leading entertainment company, today announced that it has signed a multi-faceted agreement with Curiosity Inc., the global factual media company, to bring more entertainment options to customers of Redbox. As part of the agreement, Redbox will promote Curiosity’s subscription video-on-demand (SVOD) service, Curiosity Stream, and include selected Curiosity content on ad-supported video-on-demand (AVOD). ) and ad-supported free TV streaming (FAST) services. The companies have also agreed to offer Curiosity Stream as a premium subscription offering when Redbox launches SVOD channels in its streaming app in 2022.
Under the terms of the agreement, the Curiosity Stream SVOD service will be made available to select Redbox customers on a promotional trial basis and promoted on Redbox’s 40,000 digital streaming kiosks and properties. Additionally, Redbox will license Curiosity content to be offered on Redbox’s AVOD and FAST streaming services in the coming months.
“Our customers will appreciate the high-quality content provided by Curiosity Stream and we are excited to work with them to grow their audience through the distribution of their service on the Redbox app,” said Jason Kwong, Chief Strategy and digital, Redbox.
“We are thrilled to partner with Redbox as they continue to expand their video streaming offerings,” said Brandon Fong, senior vice president of partnerships and distribution for Curiosity Inc. factual entertainment, Curiosity is uniquely positioned to deliver affordable, high-value entertainment for Redbox customers who want to learn more about the world around them.
About Redbox
Redbox is America’s leading destination for new movies and affordable entertainment with more ways to watch than any other home entertainment provider. Redbox delivers value and convenience through an unparalleled choice of content, platforms, rental and purchase options, and pricing. The company recently announced a definitive merger agreement with Seaport Global Acquisition Corp. (Nasdaq: “SGAM”, “SGAMU” and “SGAMW”), a publicly traded special purpose acquisition company. The transaction, which will make Redbox a publicly traded company, is expected to accelerate Redbox’s ongoing transformation to provide customers and partners with a multi-product experience across physical and digital channels. The company’s expanding streaming offering includes digital rental and purchase as well as free live TV and free-on-demand content and complements Redbox’s nationwide footprint of entertainment kiosks, conveniently located where consumers are already shopping. Redbox Entertainment, a new content acquisition and production division, has further transformed Redbox into a multi-channel content provider. For more information, visit redbox.com.
About Curiosity Inc.
Curiosity Inc. is the entertainment brand for people who want to know more. The global media company is home to award-winning original and curated factual films, shows and series spanning science, nature, history, technology, society and lifestyle. With approximately 20 million paid subscribers worldwide and thousands of titles, the company operates SVOD’s flagship service Curiosity Stream, available in more than 175 countries worldwide; Curiosity Channel, the linear television channel available through global distribution partners; and Curiosity Studios, which oversees original programming. Curiosity Inc. recently completed the acquisition of One Day University, which provides access to engaging lectures and lectures from top university and college professors across the United States. Curiosity Inc. is a wholly owned subsidiary of CuriosityStream Inc. (Nasdaq: CURI). For more information, visit CuriosityStream.com.
