8 years ago
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The Slow Death of Redbox: Why the Kiosk Colossus Is the Next Blockbuster
In November 2007, Redbox had exciting news: Its brick-red DVD vending machines were in more locations nationwide than industry leader Blockbuster. “Redbox offers a level of service and convenience that our competitors simply can’t provide,” Redbox founder and then-CEO Gregg Kaplan said at the time, boasting of the company’s 6,000th automated kiosk installation.
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While I'll be more inclined to watch a movie on Netflix over Redbox, I still think they are marketable because a blue-ray rental in redbox is $2.50 a night (which is all I need it for), vs Google Play at $4.99 for 48 hours, or Amazon Prime at $4.99 plus the Prime membership of $90 annually.