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CSTR > SEC Filings for CSTR > Form 8-K on 28-Mar-2013All Recent SEC Filings

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Form 8-K for COINSTAR INC


28-Mar-2013

Other Events


Item 8.01 Other Events.

On March 25, 2013, Redbox Automated Retail, LLC ("Redbox"), a wholly-owned subsidiary of Coinstar, Inc. ("Coinstar"), entered into a Second Amendment to the Revenue Sharing License Agreement (the "Amended Agreement") with Universal Studios Home Entertainment LLC ("Universal"), which extended the term of the parties' DVD rental revenue sharing arrangement through December 31, 2014. Universal has the option to extend the term of the Amended Agreement through December 31, 2015, exercisable by notifying Redbox no later than September 30, 2014.

Certain statements in the foregoing paragraphs are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expect," and variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. The forward-looking statements in this release include statements regarding Redbox's relationship with Universal relating to, among other things, a DVD rental revenue sharing arrangement. Forward-looking statements are not guarantees of future performance and actual results may vary materially from the results expressed or implied in such statements. Differences may result from actions taken by Coinstar, Redbox or Universal, including those beyond our or Redbox's control. Such risks and uncertainties include, but are not limited to, the extension, termination or the renegotiation on materially adverse terms of the Amended Agreement, and failure to abide by the terms and requirements of the Amended Agreement. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect future performance, including our relationship with Universal, please review "Risk Factors" described in our most recent Form 10-K and any subsequent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission, as well as other filings. These forward-looking statements reflect Coinstar's expectations as of the date hereof. Coinstar undertakes no obligation to update the information provided herein.


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