CHICAGO: Redbox, America's leading destination for low-cost, new-release movie and video game rentals, today announced the appointment of Jason Kwong as the company's Chief Strategy and Business Development Officer. Mr. Kwong will lead strategic partnerships and oversee new business initiatives at Redbox.
"Jason brings deep digital entertainment expertise to our executive management team," said Galen Smith, CEO of Redbox. "He's ready to hit the ground running to build the future state of Redbox for our movies and games businesses."
With more than 15 years of deep experience in developing and managing new business ventures within the digital entertainment and media industries, Mr. Kwong's career includes roles at Helio, Virgin Mobile, Warner Bros. Digital Distribution and Netflix. He most recently held the role of Senior Vice President, Strategy, Program Planning and Acquisitions at Fullscreen Media - a youth-focused media company with a global network of digital content creators on YouTube and a direct-to-consumer subscription streaming service. He holds an MBA from the University of Southern California and a BA in Economics from UCLA.
Mr. Kwong will report to Mr. Smith out of the company's Bellevue, Wash. office.
Redbox is the nation's leading movie rental destination that averages more than one million rentals per day. The company is on track to install more than 1,500 net new rental kiosks in 2017, with more planned in 2018. By the end of this year, Redbox will have more than 41,500 kiosks nationwide, a total larger than the number of Starbucks and McDonald's locations in the U.S. combined.
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