Outerwall 8-K Update Reflects Warner Home Video Agreement Announced Today

©

2010 Coinstar, Inc. All Rights Reserved

1

Investor

Update

February 16, 2010

©

2010 Coinstar, Inc. All Rights Reserved

Exhibit 99.2

This presentation contains statements considered forward-looking for purposes of the safe harbor

provisions

under

the

Private

Securities

Litigation

Reform

Act

of

1995.

Actual

results

may

differ

materially

from those indicated by these forward-looking statements as a result of various factors, including those

discussed

in

our

most

recent

Form10-Q,

as

well

as

other

filings

with

the

SEC.

Coinstar,

Inc.

assumes

no

obligation and does not intend to update these forward-looking statements.

Safe Harbor for Forward Looking Statements

2

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

Coin Kiosks

0

DVD Kiosks

7,000 to 8,000

Coin

$265 to $285

DVD

$1,080 to $1,140

E-Pay

$25 to $35

Money Transfer

$95 to $105

Total

$1,465 to $1,565

Full Year 2010 Guidance

As of February 16, 2010

3

Coin –

New

$8.0 to $10.0

Coin –

Maintenance

$10.0 to $13.0

DVD

$115.0 to $125.0

E-Pay

$1.0 to $2.0

Money Transfer

$3.0 to $4.0

Corporate/Other

$15.0 to $20.0

Total

$152.0 to $174.0

EBITDA *

(in millions)

$250 to $265

EPS

$1.50 to $1.65

Shares

Outstanding

(in

millions)

31.4 to 31.6

Estimated Effective Tax Rate

41.5%

Free

Cash

Flow

**

(in

millions)

$40 to $60

*   EBITDA, as defined,

represents earnings before net interest expense, income

taxes, depreciation, amortization and certain other non-cash charges including

stock-based compensation and share-based expenses.

**

Free

Cash

Flow,

as

defined,

represents

Operating

Cash

Flow

less

capital

expenditures.

Revenue

by

Segment

(in

millions)

Capital

Expenditures

(in

millions)

Other

Installations, net

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

Q1 2010 Guidance

As of February 16, 2010

4

Revenue

(in

millions)

$315 to $335

EBITDA

*

(in

millions)

$43 to $48

EPS

$0.08 to $0.14

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

Guidance

* EBITDA, as defined,

represents earnings before net interest expense, income taxes, depreciation, amortization and certain other non-cash charges including stock-based 

compensation and share-based expenses.

Consolidated Revenue from Continuing Operations

As

of

December

31,

2009

5

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

$221

$261

$307

$762

$1,145

2005

2006

2007

2008

2009

Revenue

(in

millions)

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

2009

$   6,153

$   6,118

$   5,844

$   6,670

$   24,785

2008

$   6,068

$   5,828

$   6,216

$   6,388

$   24,500

2007

$   5,116

$   5,151

$   5,570

$   6,987

$   22,824

2006

$   3,815

$   4,194

$   4,553

$   5,027

$   17,589

2005

$   1,624

$   2,197

$   2,551

$   3,096

$     9,468

2009

$ 19,931

$ 22,154

$ 22,476

$ 23,095

2008

$ 20,470

$ 23,787

$ 22,016

$ 21,151

2007

$   4,783

$   5,706

$   6,239

$   7,427

2006

-

-

-

-

-

-

-

$   1,027

$   3,489

$   4,486

2005

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2009

$ 154,697

$188,925

$ 198 085

$ 231,804

2008

$   60,513

$  89,956

$ 104,192

$ 133,792

2007

$     2,602

$    3,063

$     1,649

$     2,216

2006

$        281

$       876

$        891

$     2,405

2005

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

$          65

2009

$ 57,987

$ 64,851

$ 69,566

$ 66,435

2008

$ 59,242

$ 64,501

$ 71,028

$ 66,532

2007

$ 54,796

$ 62,413

$ 67,401

$ 66,266

2006

$ 50,513

$ 57,256

$ 61,475

$ 60,664

2005

$ 46,703

$ 52,589

$ 56,283

$ 55,567

6

Revenue by Segment (in thousands)

As of December 31, 2009

Coin Revenue

DVD Revenue (from acquisition date)

Q1

Q2

Q3

Q4

YTD

E-Pay Revenue (from acquisition date)

Money Transfer Revenue (from acquisition date)

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

$ 258,839

$ 261,303

$ 250,876

$ 229,908

$ 211,142

$ 773,511

$ 388,453

$     9,530

$     4,453

$          65

$   87,656

$   87,424

$   24,155

$     9,002

-

-

-

-

-

-

-

-

7

Installations, net (rounded)

As of December 31, 2009

Coin Kiosks

Q1

Q2

Q3

Q4

DVD Kiosks

2009

15,400

17,900

20,600

22,400

2008

7,900

9,600

11,800

13,700

2007

3,000

4,300

5,700

7,000

2006

1,000

1,500

1,700

2,200

2005

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

900

Q1

Q2

Q3

Q4

Coin to Card™

or eCertificate

Enabled Kiosks

Q1

Q2

Q3

Q4

2009

23,000

24,000

24,500

25,000

2008

18,500

18,900

20,800

23,000

2007

14,000

14,500

15,900

17,500

2006

19,500

19,500

19,500

14,000

2005

16,500

17,000

17,800

19,000

E-Pay POSA Terminals

2009

18,400

18,400

18,800

19,200

2008

15,500

16,500

17,500

18,400

2007

13,800

14,200

14,500

15,400

2006

13,000

13,100

13,100

13,500

2005

12,200

12,400

12,400

12,800

2009

11,000

12,300

12,400

12,500

2008

10,700

10,900

10,900

11,000

2007

8,500

8,900

9,200

10,700

2006

6,100

6,700

7,300

8,200

2005

3,000

3,500

4,700

5,800

Q1

Q2

Q3

Q4

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

8

Other Information

As of December 31, 2009

Coin Kiosk Same Store Sales

Total Money Transfer Agents, net

DVD Kiosk Same Store Sales

2009

-5.0%

-4.3%

-5.4%

-3.9%

2008

-0.2%

-3.2%

-1.8%

-5.0%

2007

4.3%

4.4%

3.7%

1.7%

2006

7.8%

7.6%

7.0%

6.2%

2005

4.2%

5.7%

5.1%

6.7%

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

2009

41,000

44,000

45,000

49,000

2008

35,000

36,000

35,000

38,000

2007

22,000

19,600

19,700

19,100

2006

-

-

-

-

-

-

-

> 17,000

22,000

22,000

2005

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2009

35.0%

33.0%

26.0%

21.0%

2008

37.4%

63.2%

40.6%

64.3%

2007

41.3%

26.6%

33.9%

18.1%

2006

-

-

-

-

-

-

-

103.8%

143.7%

61.7%

2005

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Q1

Q2

Q3

Q4

YTD

2009

$ 35,980

$ 39,572

$ 29,589

$ 48,329

$ 153,470

2008

$ 29,503

$ 36,755

$ 49,482

$ 34,997

$ 150,737

2007

$   8,385

$ 13,255

$ 16,482

$ 15,226

$   53,348

2006

$   3,683

$   5,145

$   5,221

$ 12,256

$   26,305

2005

$   4,852

$   7,086

$   6,072

$   6,427

$   24,437

Consolidated

Capital

Expenditures

for

Continuing

Operations

(in

thousands)

Number of Locations *

As of December 31, 2009

9

Grocery

Mass Merchant

Drug

Convenience Store

Quick Service Restaurant

Financial

Other

Total *

>

>

>

>

>

>

>

>

15,000

3,500

8,000

13,000

2,000

400

4,100

46,000

* Excludes Money Transfer

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

Q4 2009

Top

5

Customers*

–

Select

Lines

of

Business

(LOB)

and

Consolidated Company

As of  December 31, 2009

10

*  As measured by revenue.

** All Walmart

related companies, including Sam’s Club and ASDA.

© 2010 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc.

DVD

•

Walmart**

•

Walgreens

•

McDonald’s

•

Supervalu

•

Ahold

Coin

•

Kroger

•

Walmart**

•

Supervalu

•

Delhaize

•

Ahold

All LOBs

•

Walmart**

•

Walgreens

•

McDonald’s

•

Supervalu

•

Kroger