American company with a network of coin-cashing machines.
Coinstar, LLC
Formerly
Coinstar, Inc. (1991-2013) Outerwall, Inc. (2013-2017)
Company type
Private
Industry
Entertainment, DVD rental, coin counting machines, mobile product recycling
Founded
February 1991; 33 years ago (1991-02) (as Coinstar, Inc.) Bellevue, Washington, US.
Founders
Jens Molbak, Aaron Finch, Dan Gerrity[1]
Headquarters
Bellevue, Washington
,
US.
Area served
North America, Europe
Key people
Jim Gaherity (CEO)[2]
Services
Coin counting services E-payment services
Revenue
US$ 1.85 billion (2011)[3]
Operating income
US$ 209 million (2011)
Net income
US$ 104 million (2011)
Total assets
US$ 1.48 billion (2011)
Total equity
US$ 531 million (2011)
Owner
Apollo Global Management (2016–present)
Number of employees
400+ (2020)[4]
Parent
Apollo Global Management
Coinstar, LLC (formerly Outerwall, Inc.) is an American company operating coin-cashing machines.
Coinstar's focus is the conversion of loose change into paper currency, donations, and gift cards via coin counter kiosks which deduct a fee for conversion of coins to banknotes; it processes $2.7 billion worth of coins annually as of 2019[update].[2] The company also operates Coinstar Exchange for gift cards. Coinstar's kiosks are in the front of stores (between the cash registers and the exit/entrance). The company has more than 60,000 kiosks offering a variety of services in the US, UK, Canada, Puerto Rico, Mexico, and the Eurozone. Coinstar also produces machines that provide prepaid credit cards and e-payment kiosks.
On July 2, 2013, Coinstar changed its name to Outerwall and started trading on the NASDAQ as OUTR.[5]
On September 27, 2016, Apollo Global Management, LLC acquired Outerwall, Inc. and de-listed from NASDAQ. After the acquisition, former components of Outerwall—Redbox, Coinstar, and ecoATM (which includes Gazelle)—became separate business entities.[6][7]
^"All Business interviews Coinstar founder". Retrieved 2009-12-09.
^ abSmialek, Jeanne; Rappeport, Alan (June 25, 2020). "A Penny for Your Thoughts Could Be a Lot Harder to Find". The New York Times. Retrieved 26 June 2020.
^"US SEC Form 10-K". Retrieved 2012-02-11.
^"!company_name! - Company Profile from Hoover's".
^"Outerwall To Celebrate Its New Name, Ticker And Logo At The NASDAQ Stock Market". Retrieved Oct 3, 2013.
^"EX-99.2 Outerwall Inc. Announces Completion of Acquisition by Certain Funds Managed by Affiliates of Apollo Global Management, LLC". www.sec.gov. Retrieved 2022-06-01.
^Spangler, Todd (Sep 28, 2016). "Outerwall Boots CEO, Names New Redbox Chief in Closing Deal to Go Private". Retrieved May 28, 2020.
Coinstar, LLC (formerly Outerwall, Inc.) is an American company operating coin-cashing machines. Coinstar's focus is the conversion of loose change into...
and Netflix. In early 2008, Coinstar exercised an option to increase its share from 47% to 51%. In February 2009, Coinstar paid McDonald's between $169...
Coinstar, an operator of coin-converting kiosks, signed an agreement with Coinme in 2019 to enable consumers to purchase bitcoin at existing Coinstar...
Redbox, the founder of Modjule LLC, and the former President and COO of Coinstar. He has also worked for McDonald's Corporation, Streamline.com, and is...
Warner Bros. partnered with Act II, American Express, Best Western Hotels, CoinStar, Continental Airlines, Smucker's, and UNICEF, which advertised its trick-or-treat...
hosing out bins, sorting through old pens, and taking her spare change to Coinstar. The role of Natalie Cassidy was played by comedian Morgana Robinson. Robinson...
Madeline Stowe. In recent years, she has been seen in commercials for Coinstar, in which she portrays the Tooth Fairy. She appears in the musical film...
of America – Redmond Oberto Sausage Company – Kent Outerwall (formerly Coinstar) – Bellevue Paccar – Bellevue Premera Blue Cross – Mountlake Terrace Puget...
face off against the Simkins on his game show. While Peter stops to use a Coinstar machine, the truck explodes, seemingly killing Chuck. Later, at a gas station...
has been featured in several commercials for companies such as Nissan, Coinstar and General Electric. Celtic Pride (1996) – Lurch The 6th Man (1997) –...
West Pharmaceutical Service by December 2009. Other holdings in 2009 were Coinstar, Websense, and Magellan Health Services. Roy E. Disney died on December...
entertainment division, which includes the Blockbuster Express kiosks, to Coinstar, the owner of the Redbox DVD rental kiosks. Blockbuster Express machines...
Inc. in 2003. American Coin Merchandising was sold to Coinstar in 2004 for $235 million. Coinstar closed Folz Vending in 2007. Roger Folz died in New York...
2010). "Garrett Hedlund on Tron: Legacy, Country Strong, and Never Using Coinstar Again". Vulture. Interviewed by Kyle Buchanan. Retrieved January 19, 2015...
States for local currency at ATMs located in select MoneyGram locations and Coinstar machines. In South Africa, ATMs accept the Rand (ZAR) and transactions...
Bissell carpet cleaner rental, Primo Water, lottery, the Flashfood app, Coinstar, grocery pickup and delivery, and pharmacies. Giant Eagle also has banking...
The Centre for Speech Technology Research at The University of Edinburgh Coinstar (NASDAQ ticker symbol) Computer Science Technical Report, particularly...
is also the founder of Modjule LLC, and the former president and COO of Coinstar. The Related Group was founded by Stephen M. Ross (BUS: BBA 1962), real...
appears to reduce the chance that a nymph will be cannibalized by its coinstars. Ambrose, D.P. (1986). "Impact of nymphal camouflaging on predation and...
corporations, including Isilon Systems, Monsanto, Cummins, Pharmacia, Solutia, Coinstar, Nordstrom, Pfizer, and Weyerhaeuser. He was Chair of the Advisory Board...
DVD rentals in existing retail establishments. DVDXpress was acquired by Coinstar, Inc. in late 2007, subsequently merged with their Redbox division in 2009...
subdivisions, owner of office buildings, investor in successful tech start-ups (Coinstar, PLX Technology, Corcept Therapeutics). He has also invested in many limited...
(AB), president and chief operating officer of change-sorting company Coinstar, which now owns Redbox John Koza (MA Mathematics 1966; BA 1964, MS 1966...
their own Pudsey and Blush toys and held pyjama parties at their stores. Coinstar allowed fundraising monies to be paid into their machines. Currys and PC...
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