Report: Redbox Grabs 37% of Movie Disc Rental Market in 2011
2011 treated Redbox pretty well, according to data from research firm The NPD Group. According to the firm, Redbox’s unit volume in disc rentals rose 29% in the declining market, and Redbox now commands 37% of all DVD and Blu-ray rentals.
Russ Crupnick, SVP of industry analysis for The NPD Group, summed up the firm’s findings [...]
The NPD Group: Sea Change in Movie-Rental Market Benefits Redbox and Netflix Watch Instantly in 2011
Brick-and-mortar retail stores continue to cede movie-rental market share, as kiosks and digital-streaming rentals become more accepted by consumers.
Port Washington, N.Y. (PRWEB) January 19, 2012
According to The NPD Group, a leading market research company, U.S. consumer rental of movies in DVD and Blu-ray Disc formats fell by 11 percent in 2011, versus the prior [...]
Verizon And RedBox Planning Major Partnership For Early 2012 Launch
Verizon And RedBox Planning Major Partnership For Early 2012 Launch
DEVINCOLDEWEY
Yesterday, it was reported that Verizon was planning a Netflix competitor and in talks with various content producers to provide the streams and downloads. TechCrunch has obtained additional information on this story that makes the concept a bit more realistic and should alleviate some of the [...]
Redbox DVD Kiosk Operator – Amass a Fortune With These Stocks
CSTR smashed Q3 Earnings projections. Then stock price fell roughly 15% due to market’s thinking people won’t pay $0.20 more to rent a DVD. Although it is a 20% increase in price; the increase is relatively small in terms of cash outlay to the consumer. I believe the market got this one wrong. Redbox will not lose customers over 20 cents. Stock price will be up over the next 3 months or so.
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