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 [...]
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 [...]
23 January 2012
Redbox kiosks have popped up at every neighborhood block in the country practically overnight! There seems to be one in every grocery store, liquor store and 7/11 in the nation.These free-standing, vibrantly red kiosks offer tons of new movie titles for cheap and are require absolutely no membership, making them appealing to many [...]
January 31, 2012 | 11:53am
Warner Bros.’ deal with Redbox has expired with the two companies still at odds over how long consumers should wait to rent DVDs for $1.20 a night.
As a result, kiosk rental company Redbox will have to buy Warner DVDs from retailers like Wal-Mart at a higher price but will no longer [...]
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 [...]
October 27, 2011 | 4:15 pm
Say goodbye to $1-per-night DVD rentals.
Kiosk rental company Redbox said Thursday it is raising its standard price to $1.20 a day to cope with rising costs.
The company’s first price increase since it launched eight years ago comes as Redbox reported strong results for its third quarter ended Sept. 30, [...]
OCTOBER 27, 2011 BY MIKE FLACY
While consumers are dropping Netflix for cheaper alternatives after the price hike, Coinstar is also dishing out a price hike to consumers that rent DVDs through Redbox around the United States.
Earlier today, Coinstar announced an increase in price on DVD rentals at Redbox kiosks from $1.00 a day to [...]
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 [...]
17 Oct, 2011
With Warner Home Video likely to lengthen the 28-day embargo to 60 days for kiosks such as Redbox and Blockbuster Express beginning next month, independent kiosk operators welcome the news.
“Bring it on,” said Dan Kearney, who owns and operates two rental kiosks under the DBA “EnjoyNewReleases” with his wife, Mary, in Milford and [...]
“In our opinion, this price would still be more attractive than other rental options and could actually drive a margin boost to Redbox since the price increase would benefit all transactions, while the debit fee hike would only impact about half of all transactions,” Wold wrote in a Sept. 21 note.
Copyright © 2012 dvdkioskinsider. Designed by
Powered by eShop v.4
Insider Comments