Outerwall 8-K Coinstar, Inc. Announces 2010 Third Quarter Results

Investor Update

Oct. 28, 2010

Exhibit 99.2

©

2010 Coinstar, Inc. All Rights Reserved

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 Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with

the Securities and Exchange Commission. 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.

3

*Adjusted EBITDA from continuing

operations

is

defined

as

earnings

before

net

interest expense, income taxes, depreciation, amortization and certain other non-

cash charges including the write-off from early retirement of debt, and stock-

based compensation and share-based expenses from continuing operations.

**

Free

cash

flow

from

continuing

operations

is

defined

as

net

cash

provided

by

operating

activities

from

continuing

operations

less

capital

expenditures

from

continuing operations.

2010

Full

Year

–

Revenue

by

Segment

(in

millions)

DVD

$1,190

-

$1,205

Coin

$270

-

$280

Total

$1,460

-

$1,485

2010 Full Year –

Other

Adjusted EBITDA from continuing

operations* (in millions)

$291

-

$297

EPS from continuing operations

$2.14

-

$2.20

Shares Outstanding (in millions)

31.9

-

32.1

Estimated Effective Tax Rate

39%

-

40%

Free Cash Flow from continuing

operations**  (in millions)

$100

-

$110

2010 Q4 Guidance

Revenue (in millions)

$415

-

$440

Adjusted EBITDA from continuing

operations* (in millions)

$84

-

$90

EPS from continuing operations

$0.79

-

$0.85

2010 Full Year Capital Expenditures

from Continuing Operations (in millions)

DVD

$135

-

$140

Coin –

New

$9

-

$10

Coin –

Maintenance

$11

-

$13

Corporate/Other

$24

-

$25

Total

$179 -

$188

2010 Full Year –

Installations, net

redbox

Kiosks

8,300

-

8,500

DVD Kiosks

7,500

-

7,700

Coin Kiosks

(200)

-

0

2010 Full Year and Q4 Guidance

As of October 28, 2010

©

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

Initial View of 2011

As of October 28, 2010

4

2011 Full Year Guidance

Projected Growth

Consolidated revenue (in millions)

$1,800

-

$1,950

21%

-

34%

Adjusted EBITDA from continuing operations*   (in millions)

$350

-

$380

18%

-

31%

EPS from continuing operations

$3.00

-

$3.50

36%

-

64%

Capital expenditures (in millions)   

$180

-

$210

(4%)

-

17%

Free Cash Flow from continuing operations**  (in millions)

$175

-

$200

59

%-

100%

•

In addition,

we

expect

5,500

to

6,500

net

new

redbox

kiosks

in

2011

©

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

Consolidated Revenue

As of Sept. 30, 2010

5

Revenue

(in millions)

* Guidance as of Oct. 28, 2010

$1,460 –

$1,485*

©

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

2010

$  15,994

$  26,466

$  26,986

-

-

-

-

-

-

-

-

$    69,450

2009

$  22,488

$  25,786

$  26,919

$  26,673

$  101,866

2008

$  24,736

$  26,217

$  27,523

$  26,300

$  104,776

6

Segment Information (in thousands)

As of Sept. 30, 2010

DVD

Coin

2010

$  44,431

$  39,049

$  53,677

-

-

-

-

-

-

-

-

$ 137,152

2009

$  20,899

$  24,157

$  27,391

$  29,461

$ 101,908

2008

$    8,258

$  10,533

$  12,779

$  18,599

$   50,169

Operating Profit:

2010

$ 59,993

$ 70,427

$ 74,717

-

-

-

-

-

-

-

-

$ 205,137

2009

$ 58,056

$ 64,919

$ 69,641

$ 66,497

$ 259,113

2008

$ 59,329

$ 64,585

$ 71,104

$ 66,608

$ 261,626

2007

$ 54,915

$ 62,523

$ 67,513

$ 66,365

$ 251,316

2006

$ 50,683

$ 57,408

$ 61,610

$ 60,789

$ 230,490

DVD (from acquisition date)

Coin

Revenue:

2010

$ 263,130

$ 271,929

$ 305,470

-

-

-

-

-

-

-

-

$ 840,528

2009

$ 154,697

$ 188,925

$ 198,085

$ 231,804

$ 773,511

2008

$   60,513

$   89,956

$ 104,192

$ 133,792

$ 388,453

2007

$     2,602

$     3,063

$     1,649

$     2,216

$     9,530

2006

$        281

$        876

$        891

$     2,405

$     4,453

2010

$ 10,509

$   7,706

$   7,376

-

-

-

-

-

-

-

-

$  25,591

2009

$   6,981

$   7,437

$   7,434

$   7,398

$  29,250

2008

$   6,723

$   6,018

$   6,329

$   6,746

$  25,816

DVD

Coin

2010

$ 22,171

$ 23,906

$ 24,006

-

-

-

-

-

-

-

-

$  70,083

2009

$ 13,169

$ 14,738

$ 15,541

$ 17,283

$  60,731

2008

$   5,468

$   7,719

$    8,655

$ 12,332

$  34,174

Depreciation, Amortization and Other:

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

©

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

2010

19,100

19,000

18,900

-

-

-

-

-

-

-

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

7

Installations and Same Store Sales

As of Sept. 30, 2010

DVD Kiosks

(rounded)

2010

24,800

26,900

28,500

-

-

-

-

-

-

-

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

Coin Kiosks  (rounded)

Coin Kiosk Same Store Sales

2010

0.5%

7.9%

7.9%

-

-

-

-

-

-

-

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%

DVD Kiosk Same Store Sales

2010

21.0%

3.5%

17.2%

-

-

-

-

-

-

-

2009

35.0%

33.0%

26.0%

21.0%

2008

37.4%

63.2%

40.6%

64.3%

©

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

Q1

Q2

Q3

Q4

2010

59.0%

56.4%

59.7%

-

-

-

-

-

-

-

-

58.4%

2009

59.6%

57.4%

58.1%

54.0%

57.0%

2008

65.2%

63.0%

62.5%

62.2%

62.9%

2010

$ 31,517

$ 52,822

$ 48,135

-

-

-

-

-

-

-

-

$ 132,474

2009

$ 34,987

$ 38,288

$ 28,647

$ 46,545

$ 148,467

2008

$ 28,182

$ 34,653

$ 47,692

$ 33,442

$ 143,969

2007

$   7,495

$ 11,926

$ 15,375

$ 15,047

$   49,843

2006

$   1,725

$   4,159

$   3,727

$ 13,197

$   22,808

8

Other Information

As of Sept. 30, 2010

DVD Gross Margin

Consolidated Capital Expenditures for Continuing Operations (in thousands)

Q1

Q2

Q3

Q4

YTD

Q1

Q2

Q3

Q4

YTD

©

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

Top 5 Customers* –

DVD and Coin Lines of Business

and Consolidated Company

As of Sept. 30, 2010

9

*  As measured by revenue.

** All Walmart

related companies, including Sam’s Club and ASDA.

DVD

•

Walmart**

•

Walgreens

•

Kroger

•

McDonald’s

•

7-Eleven

Coin

•

Kroger

•

Walmart**

•

Supervalu

•

Delhaize

•

Ahold

All LOBs

•

Walmart**

•

Walgreens

•

Kroger

•

Supervalu

•

McDonald’s

©

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