Monday, August 26, 2019

UNLIKE NETFLIX, REDBOX TO CONTINUE FOCUSING ON DVD, BLU-RAY RENTALS

May 17, 2013 by · Leave a Comment 

While Netflix is putting most of its energy into attracting customers to its streaming service, Redbox, while also expanding its streaming service, plans to focus its attention on physical media — DVD and Blu-ray rentals, J. Scott Di Valerio, CEO of parent company Coinstar, told the annual J.P. Morgan Global Technology, Media and Telecom Conference […]

BLUE DVD KIOSKS WILL BE TURNING RED

February 7, 2012 by · Leave a Comment 

Redbox is taking over Blockbuster Express. In a surprise announcement on Monday, Coinstar, which operates the Redbox DVD kiosks, and NCR, which has operated the Blockbuster Express kiosks said that they will merge. Under the deal Redbox will pay NCR $100 million for its assets in company. For the time being, the Blockbuster Express logo […]

REDBOX USERS APPEAR TO ACCEPT 20-PERCENT RATE HIKE

November 2, 2011 by · Leave a Comment 

Unlike Netflix subscribers who signaled their displeasure with the video rental company’s rate hike with their feet, users of Redbox kiosks appeared unfazed by the company’s 20 percent rate hike that went into effect this week, according to a spot check in North Hollywood, CA conducted by Home Media magazine. Interviewed as he was returning […]

DVD WINDOW HURTING KIOSK OPERATOR REDBOX

February 4, 2011 by · Leave a Comment 

The deal between kiosk operator Redbox and several studios that prevents Redbox from renting DVDs until 28 days after they hit retail shelves was being blamed for lower-than-expected earnings for Redbox parent Coinstar. While on Thursday Coinstar reported fourth-quarter income from DVD sales of $11.7 million — up from $3.4 million for the year-ago quarter […]

JUST WHAT THE DOCTOR PRESCRIBED? REDBOX AT CVS

August 6, 2010 by · Leave a Comment 

Representing a significant expansion, Coinstar’s Redbox said on Thursday that it has signed a deal witH CVS to install more than 6,000 of its DVD/Blu-ray Disc rental kiosks at the pharmacy retail outlets by the end of 2011. Redbox currently counts 23,000 locations. Coinstar has been engaged in a bruising battle with NCR Corp., which […]

REDBOX TESTING HIGHER PRICES

July 1, 2010 by · Leave a Comment 

Kiosk operator Redbox is conducting tests in at least five markets to determine customers’ interest in videogame and Blu-ray rentals and whether they would be willing to pay more than the current $1.00 per night for DVD rentals, according to published reports. The Hollywood Reporter said today that the Coinstar-operated video rental company has raised […]

NEW UPROAR AT BLOCKBUSTER

June 16, 2010 by · Leave a Comment 

Blockbuster today (Wednesday) urged shareholders to reject dissident shareholder Gregory Meyer’s bid to win a seat on the company’s board of directors. Meyer’s candidacy was lifted Tuesday when a proxy advisory group, RiskMetrics gave him its endorsement, saying that he had “a deep understanding of the home entertainment retail market” while the current board members […]