Organization And Business (Notes)

9 Months Ended

Sep. 30, 2013

Organization And Business [Abstract]

Organization And Business [Text Block]

ORGANIZATION AND BUSINESS

Description of Business

We are a leading provider of automated retail solutions offering convenient products and services that benefit consumers and drive incremental retail traffic and revenue for retailers.

On June 27, 2013, our name change from Coinstar, Inc. to Outerwall Inc. was approved by stockholders. The name change reflects the evolution of our company from a single coin-counting kiosk business into multiple automated retail businesses. The name Outerwall was selected as an umbrella corporate brand that encompasses our current operations and provides a platform for future automated retail opportunities. As part of our name change, we changed the name of our Coin business segment to the Coinstar business segment.

Our core offerings in automated retail include our Redbox and Coinstar segments. Our Redbox segment consists of self-service kiosks where consumers can rent or purchase movies and video games. Our Coinstar segment consists of self-service coin-counting kiosks where consumers can convert their coins to cash or stored value products. Our New Ventures segment is focused on identifying, evaluating, building, or acquiring and developing innovative self-service concepts in the marketplace. New Ventures concepts are regularly assessed to determine whether continued funding or other alternatives are appropriate. Our kiosks are located primarily in supermarkets, drug stores, mass merchants, financial institutions, convenience stores, malls and restaurants. Our kiosk and location counts as of September 30, 2013, are as follows:

	Kiosks	Locations
Redbox(1)	43,600	36,000
Coinstar	20,800	20,500
New Ventures(2)	1,220	1,030
Total(1) (2)	65,620	57,530

(1) As of September 30, 2013, no kiosks acquired from NCR remained in service. See Note 4: Business Combinations for more information on the NCR Asset Acquisition.

(2) Includes approximately 700 kiosks acquired through the purchase of ecoATM, Inc. See Note 4: Business Combinations for more information. As of September 30, 2013, there were over 800 ecoATM kiosks in service.