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REDBOX HINTS IT MAY SLASH RENTAL RATES

April 7, 2010 by · Leave a Comment 

A price war may be about to break out between kiosk operator RedBox and online renter Netflix. The website HighDefDigest.com disclosed on Tuesday that RedBox has sent out a survey to its users asking them about their interest in subscribing to a movie streaming service that would give them the ability to watch an unlimited number of movies streamed over the Internet as well as four rentals from RedBox kiosks — all for just $3.95 per month, about half what Netflix charges at its lowest monthly rate for basically the same service. Since RedBox already charges $1.00 per overnight rental, anyone who regularly rents four movies or more a month from its kiosks would essentially be receiving the streaming service free. RedBox offered no details about such a service.