Blockbuster is now renting out over 3,000 video game titles by mail for PS2, PS3, Xbox, Xbox 360 and Wii consoles. The move positions them to compete with video game rental company Gamefly, and gives them an advantage over competing rent-by-mail company Netflix (who doesn’t offer video games), and kiosk movie rental company Redbox (who offers video game rentals for $2 a night but in limited locations). Full Story
Movie rental company Redbox has announced it will start installing their movie rental kiosks at CVS/pharmacy locations nationwide, including Puerto Rico and CVS-owned Longs Drug locations in the state of Hawaii. Approximately 700 kiosks are scheduled to be installed by the end of 2010. Full Story
Redbox has started offering Blu-ray Disc rentals at about half it’s kiosk locations nationwide. The rental fee is cheaper than what we expected — only $1.50 per night — which is .50 less than their video game rental fee. Full Story
It’s hard to believe the company that opened thousands of stores nationwide and lead the movie rental business soon after launching in 1985 could possibly go belly up. But video-on-demand, kiosks, and movies-by-mail may have toppled the giant. Full Story
Redbox will continue to stock Paramount titles day-and-date with DVD and Blu-ray Disc releases, a deal that gives the movie kiosk company good positioning against competing rental company Blockbuster. Paramount began analyzing data from a test period which started in August ‘09 and concluded that the $1 a day DVD rentals ($2 Blu-ray) will not compete with sales of DVDs and Blu-ray Discs. Full Story
Coinstar CEO Paul Davis said Redbox will most likely begin offering Blu-ray Disc rentals from its over 22,000 rental kiosks throughout the U.S. by the middle of 2010, that according to Home Media Magazine. Although a rental fee was yet to be determined, the CEO said the fee will “for sure be higher” than standard DVDs. Full Story
Yes it’s CES time for just about every major newspaper and tech-journal, but one announcement of importance this week hasn’t come from there, but directly from Warner Bros., which has announced it’s no longer going to immediately provide new releases to Netflix on their rental-ready street date. Instead, Warners is hoping to set a trend for other studios and content producers to follow by creating a sell-through only window for these new disc releases. Full Story
The L.A. Times reports that Walmart and Target will be creating a bargain basement for some of the newest and most popular DVD titles coming to market this holiday season. You won’t find the deal in stores, as it’s strictly online… for now. Full Story
- Limited Time
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