Outerwall Inc's quarterly profit fell by more than half as fewer movie DVD releases led to lower revenue for its Redbox video rental kiosk business. Outerwall, whose main rival is Netflix Inc, forecast core diluted earnings from continuing operations of between 99 cents and $1.29 per share on revenue of between $535 million-$565 million for the third quarter

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Outerwall profit halves as fewer DVD releases hit rental business

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