Coinstar Inc., owner of the Redbox movie-rental kiosks, said fourth-quarter profit almost tripled and the company will buy the competing service operated by NCR Corp. (NCR) The shares soared.
Net income jumped to $31.5 million, or $1 a share, from $11.7 million, or 35 cents, a year earlier, which included a loss from discontinued operations, the [...]
At a time when the DVD appears to be dying, Redbox has acquired NCR’s entertainment business for $100 million.
Redbox will bolster its movie-kiosk business by acquiring Blockbuster Express.
NCR is a company that specializes in automatic teller machines and retail kiosks. If you used one of those self-serve ticket machines at an airport, chances [...]
January 24, 2012
Coinstar’s redbox is the most popular source of DVD and Blu-ray disc rentals, according to an NPD survey released Thursday.
Although redbox is beating its competitors, NPD’s VideoWatch tracker, which surveyed more than 38,600 movie renters and an additional 74,000 Blu-ray renters, found that the number of consumers getting their movies from streaming services [...]
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 [...]
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.
Saturday, 29 October 2011
Talk about the future of distribution of movie contents and all you hear these days is about finding workable commercial models for streaming to a variety of computer and hand-held devices. DVD-rentals seem to be “oh so yesterday.” Both the sale and rental of DVDs continue their steady decline. U.S DVD sales [...]
By Tim Carmody October 28, 2011 | 9:56 am
Warner Bros. wants the 28-day window between sales and rentals of new DVDs and Blu-ray discs it’s negotiated with Netflix and Redbox to be even longer — and it wants big retail chains like Blockbuster to submit to the [...]
ANALYSIS AIR DATE: Oct. 27, 2011
Transcript
MARGARET WARNER: Now, Netflix stumbles badly, and its competitors see an opportunity in a fast-changing media and entertainment landscape.
In recent years, Netflix’s familiar red envelopes delivering DVDs by mail symbolized a company on the rise with an ever-expanding customer base. But late Monday, Netflix announced that it [...]
Watch out, Netflix! You may have wiped out almost all the Blockbusters from El Lay to La Canada, but there are still PLENTY of Redboxes…and more are coming!
According to Piper Jaffray analyst Michael J. Olson, Coinstar’s Redbox movie rental kiosk are reaping the benefits of Netflix totally screwing up with their formerly loyal customers.
Olson says [...]
Samimi is unveiling a kiosk membership program as part of a new pricing model to “allow consumers to have a physical DVD plan like Netflix, but enjoy the convenience of being able to come and get a DVD any time that they want,” he said.
Copyright © 2012 dvdkioskinsider. Designed by
Powered by eShop v.4
Insider Comments