REDBOX USERS APPEAR TO ACCEPT 20-PERCENT RATE HIKE

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 [...]

WARNER BROS. SAYS BLOCKBUSTER MUST WAIT 28 DAYS, TOO

Warner Bros., which forces Redbox and Netflix to wait 28 days before they can rent out its films, will now apply that policy to Blockbuster, which has boasted that customers can rent the discs from its brick-and-mortar locations or from its website without having to wait those four weeks. Analysts observed that Warner Bros. may [...]

REDBOX PICKING UP FLEEING NETFLIX SUBSCRIBERS

Kiosk operator Redbox is taking advantage of Netflix’s foibles by hiring a creative advertising agency, San Francisco’s Camp & King, to develop a national ad campaign boasting that it responds to its customers and that customers in turn love them for that. (The implication is that Netflix does not.) Advertising Age reported that it also [...]

STUDIOS MAY EXTEND KIOSK EMBARGO TO 60 DAYS

Small, independent DVD kiosk operators are expecting that the major studios will extend the embargo on rentals by Redbox and Blockbuster express from 28 days to 60 — and that they’ll benefit from the move. According to Home Media Magazine, the operators of the kiosks — normally installed in locations that Redbox and Blockbuster regard [...]

REDBOX LIKELY TO INCREASE ITS PRICES, TOO

Redbox is preparing to up its rental charge by about 25 percent if credit-card companies proceed with plans to increase the fees they charge retailers for debit card transactions less than $10. Home Media magazine reported that Redbox, which currently pays about 5 cents per debit card transaction, would be required to pay about 22 [...]

STUDY: A THIRD OF NETFLIX’S SUBSCRIBERS MAY FLEE

Netflix could lose nearly a third of its subscribers as a result of its recent rate hike, according to a survey conducted by Marion, Iowa-based Frank N. Magid Associates. Some 16 percent have definite plans to cancel, according to the survey, while an additional 14 percent said they are seriously considering canceling. The survey was [...]

MORE GREEN NEEDED FOR REDBOX RENTALS

Renting videos on the cheap is becoming increasingly problematic. On the heels of Netflix’s recent announcement that it intends to charge customers 60 percent more if they wish to continue to rent physical DVDs and stream other movies online, comes word that Redbox may also up its prices. <I>Home Media </I>magazine reported on its website [...]

BLOCKBUSTER EXPRESS TAKES ON REDBOX

After making it known that it is looking for a buyer for its Blockbuster Express video rental kiosks, NCR said on Wednesday that it plans to launch a big ad campaign touting the advantages of its kiosks over those of its chief rival, Redbox. (The principal advantage, apparently, is that unlike Redbox users, those renting [...]

SURVEY: FEW VIEWERS “CUT THE CORD”

Only 3 percent of cable and satellite subscribers have “cut the cord” and now watch television shows and movies via online streaming or downloading or substitute TV watching with DVD viewing of rented movies from services like Netflix and Redbox, according to a survey by J.D. Power and Associates released today (Thursday). The figure varies [...]

BLOCKBUSTER SLASHES RENTAL RATES

Blockbuster, which was recently acquired by satellite operator DISH Network, is at last doing what many analysts had been urging it to do for years — compete with rivals like Netflix and Redbox on price. It announced on Thursday that beginning today (Friday) it is lowering the prices of thousands of videos to 99 cents [...]

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