How it started
History
The company was founded in 1991 as Coinstar, Inc. and is headquartered in Bellevue, Washington.
Outerwall cooperated with the US Mint in the introduction of the Golden Dollar at the beginning of the millennium and encouraged people to use coins rather than notes.
In February 2009, Coinstar purchased all remaining shares of DVD rental kiosk company Redbox for $175 million from McDonald's Corporation, making Outerwall the sole owner. Prior to this, Coinstar and McDonald's each owned 47% of Redbox shares, with various other parties owning the remaining 6%.
In September 2009, Coinstar sold its entertainment business, which included skill cranes and bulk vending, to three entrepreneurs, a month after the business was renamed National Entertainment Network.
Outerwall
From Wikipedia’s article on Coinstar, shared under CC BY-SA 4.0.3
