Redbox and Foursquare have teamed up to run a promotion from August 15th to August 24th that will offer discounts to customers who check in to a Redbox kiosk on Foursquare. The dvd rental company has apps for iPhone and Android that provide users with info like Redbox locations and which titles are currently available where. Mashable reports that the check-ins will get customers discounts between ten cents and a dollar.

Redbox reported $363.9 million in quarterly revenue and $79 million in operating income. The company rented out about 1.5 billion videos thus far with an average of 55 million per month. About 4 million video games have been rented out per month. The infographic above has more details.

Redbox has officially announced that they have seen about 1.5 billion DVD and Blu-ray disc rentals thus far. Redbox launched in 2004 and also rented out over 4 million video games.

Movie kiosk company Redbox will soon be entering Netflix’s territory by selling video streaming subscriptions. Redbox president Mitch Lowe said that there will be a single monthly fee that would allow people to watch the movies on multiple devices. Netflix has about 20 million customers for its DVD-mail and Internet streaming subscriptions. [LA Times]

Coinstar CEO Paul Davis confirmed in the pas tweak that Redbox is planning to launch a streaming service. Redbox has kiosks that are spread out across retail chains where people can rent a DVD for $1 per day. For a fixed monthly price, Redbox users will be able to stream an unlimited number of movies. No word on whether it will be an a la carte DVD model or an all-you-can eat DVD model yet. [BGR]

Redbox has been testing video game rentals in certain markets as of this past July. After a successful pilot, Redbox decided to roll out this service to thousands more of their 24,000 kiosks. And it will cost $2 per night. Redbox kiosks can be spotted across certain grocery and convenience stores across the nation. [Consumerist]

Blockbuster has signed deals with Fox and Sony. The deal is very similar to a deal that Blockbuster already has signed with Warner. Blockbuster’s deal with Fox, Sony, and Warner ensures that they will be able to rent new titles on the day they are released along with mail orders.

Blockbuster will also get favorable payment terms from the studios. Blockbuster has a plan to lower operating costs by about $200 million too. The movie studios made deals with Redbox and Netflix to allow new movies only after 28 days from the release date. [TechCrunch]