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Redbox Raises DVD Rentals to $1.20 - Blu-ray Prices Stay the Same

Mon Oct 31, 2011 at 12:00 PM ET
Tags: Redbox, Kiosks, Blu-ray Rentals (all tags)

Well, they couldn't stay at $1.00 forever, but the effects of this price increase should be interesting to see.

Redbox, the rental kiosk chain famous for their $1.00 a night DVD rentals, has finally raised its prices. DVDs are now going to run $1.20 a night, which isn't actually too ridiculous. It does mean that the company loses out on a long established selling point though.

"This marks the first price increase for a Redbox standard definition DVD rental in eight years," says Redbox CEO Paul Davis. "The change is primarily due to the increase in operating expenses, including the recent increase in debit card interchange fees as a result of the Durbin Amendment."

While the news may upset DVD renters a bit - we'll have to wait and see how it pans out - Blu-ray fans are exempt for now. Rental of Blu-ray discs at Redbox will stand at $1.50 a night as it always has. Now that there's an even smaller disparity between Blu-ray and DVD rentals, this may even encourage holdouts to finally take the step into HD.

Source: Home Media Magazine

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F.Y.E Tests In-Store Movie Rental Kiosks

Wed Jul 27, 2011 at 12:00 PM ET
Tags: Kiosks, High-Def Retailing (all tags)

Two California based stores have kiosks set up that offer DVDs and Blu-rays before Redbox gets them.

One way to succeed in business is to innovate and break through boundaries and do something that no one thought could be done. That's what Redbox did with their kiosks. Another way, and this is the f.y.e. route, is to model yourself after someone else successful.

The retail chain with 440 stores nationwide is testing out the idea of rental kiosks in two new stores in Torrence and Glendale, California. You can rent new releases the day they're available for sale and then return them to the kiosk or drop them in the store's night drop box.

Pricing is set at $1 a day for everything in the kiosk including new releases and, you'll be happy to hear, Blu-rays.

Source: Home Media Magazine

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Blockbuster Express Launching 3,000 New Kiosks in 2011

Mon Feb 07, 2011 at 10:30 AM ET
Tags: Blockbuster, Kiosks, Redbox (all tags)

“We feel good about what we learned in 2010"

Blockbuster has been hit hard in the last couple of years. With the popularity of Netflix and Redbox constantly growing, renters have abandoned that once giant chain.

They're feeling good about 2011 though, and are deploying 3,000 new kiosks to add to the 8,000 already in the wild. Blockbuster seems to see kiosks as the future, and has had some success with most of their existing kiosks.

"We are either addressing site issues or redeploying machines that did not show up to have the rental foot traffic we had expected," says Blockbuster's John Bruno.

Bruno also says that the premium rentals for newer titles has paid off, surpassing the company's expectations.

Source: Home Media Magazine

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