Category " News and Press"



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Redbox buys NCR/Blockbuster Kiosks and partners with Verizon goes after Netflix

07
Feb
(Reuters) - Verizon Communications Inc and Coinstar's Redbox unit have formed a joint venture to sell video services aimed at competing against video rental giant Netflix Inc. The venture will combine the Redbox DVD rental kiosk business with an Internet video offering from Verizon, including mobile offerings, in the second half of the year. On Monday, Redbox-operator Coinstar Inc moved to cement...
Date: 07 Feb 2012 | 0 Comment | Tags: ,,,,,,, | Industry News,News and Press | Posted by: admin | 


Redbox says no to 56-day delays on new Warner Bros. DVDs

02
Feb
Video-rental kiosk company Redbox is refusing to make its customers wait roughly two months before being able to rent a newly released Warner Brothers movie on DVD, the company announced in a statement yesterday. The statement is in direct response to contract agreement between the two companies that ended in February. In an effort to boost lagging DVD sales, film studio Warner Brothers decided...
Date: 02 Feb 2012 | 0 Comment | Tags: ,,,,,, | Industry News,News and Press | Posted by: admin | 


Redbox rentals, on-demand are how we like our movies

20
Jan
By Suzanne Choney Redbox's kiosks are now the leading source of physical DVD rentals in the U.S., and video-on-demand accounts for one out of three paid movie rentals. "Brick-and-mortar retail stores continue to cede movie-rental market share, as kiosks and digital-streaming rentals become more accepted by consumers," said The NPD Group Thursday. "There's no doubt that Redbox has been the largest...
Date: 20 Jan 2012 | 0 Comment | Tags: ,,,,,,,,, | Industry News,News and Press | Posted by: admin | 


Retailers could profit by selling movies via DVD Kiosks

06
Jan
1/6/12 - Soheil Samimi With a few initiatives already under way in the last year from redbox and NCR Blockbuster Express, are sell-through DVD Kiosks a good idea? While their impact on the market is most likely not going to be as dramatic as the kiosk concept was for the rental market, there are certainly productive uses and benefits to be leveraged from the automated retailing of packaged media...
Date: 06 Jan 2012 | 0 Comment | Tags: ,,,, | iMOZI News | Posted by: admin | 


Analyst: Netflix’s Sub Drain Equals $160M Redbox Gain

23
Nov
18 Nov, 2011By: Erik Gruenwedel With Netflix expected to lose 2.6 million to 3.6 million subscribers in the current fourth quarter, Redbox could realize incremental revenue of about $160 million as a result, an analyst said. When Netflix implemented a 60% rate hike in September to its combined disc and streaming rental program, subscribers reacted negatively — with 300,000 more abandoning...
Date: 23 Nov 2011 | 0 Comment | Tags: ,,,, | Industry News,News and Press | Posted by: admin | 


Streaming Not Lucrative as Bulls Think: Netflix Shares Hit Low for Year

22
Nov
By SHARA TIBKEN Netflix Inc. shares fell to their lowest point in over a year, a day after the Internet video company raised concerns about its cash level and said it will post a loss for 2012. The Los Gatos, Calif.-based Internet video company on Monday said it was raising $400 million in cash and warned of a loss in 2012 amid stagnant revenue and increased investment in its international business....
Date: 22 Nov 2011 | 0 Comment | Tags: , | Industry News,News and Press | Posted by: admin | 


DEG: Q3 Home Entertainment Spending Up 5%

05
Nov
31 Oct, 2011 By: Erik Gruenwedel Spurred by a 52% year-over-year increase in households with Blu-ray Disc players, consumer spending on home entertainment increased 5% in the third quarter (ended Sept. 30) — the first quarterly increase of home entertainment spending since the first quarter of 2008, according to the latest data from DEG: The Digital Entertainment Group. Blu-ray-enabled households...
Date: 05 Nov 2011 | 0 Comment | Tags: ,,,,, | Industry News,News and Press | Posted by: admin | 


Consumers Not Too Concerned Over Redbox Price Hike

02
Nov
1 Nov, 2011 By: Chris Tribbey NORTH HOLLYWOOD, Calif. — There was something apropos about the dozen or so pennies sitting in plain view atop a Redbox kiosk in front of a 7-Eleven here. Consumers rented and returned for an hour Halloween night, the first day Redbox’s price jumped 20% to $1.20 a day, and the pennies were never touched. Just like those pennies, consumers paid little heed to the 20 more...
Date: 02 Nov 2011 | 0 Comment | Industry News,News and Press | Posted by: admin | 


Coinstar’s 3Q earnings soar, Redbox prices to rise

29
Oct
Redbox's DVD rental kiosks are attracting movie lovers fed up with Netflix's video subscription service. But now Redbox's owner, Coinstar Inc., is risking its own customer backlash by raising its prices, the same move that triggered Netflix's recent loss of 800,000 U.S. subscribers. The plot twist emerged Thursday in Coinstar's latest quarterly report. The company's earnings nearly doubled, largely...
Date: 29 Oct 2011 | 0 Comment | Tags: ,,,,,,,,, | Industry News,News and Press | Posted by: admin | 


iMOZI Whitepaper: Tapping into the Automated DVD Rental Kiosk Market

17
Oct
DVD rental kiosks are growing in popularity, and many business owners are looking to enter this lucrative market. Partnering with an expert can help ensure success for a DVD rental kiosk deployment. A iMOZI can help! With customers clamoring for inexpensive entertainment, revenue is soaring for $1-a-day movie rental kiosks, prompting increased demand for DVD vending machines in supermarkets, restaurants...
Date: 17 Oct 2011 | 0 Comment | Tags: ,,,,,,, | iMOZI News,Industry News,News and Press | Posted by: admin |