HardOCP News
[H] News
- Joined
- Dec 31, 1969
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It's not like this is surprising, the writing has been on the wall for ages. I'm actually rather impressed that Redbox has made it this long.
A disappointing revenue outlook for Redbox, whose red vending machines offer DVD rentals starting at $1.50 a day, shows that new movie titles and the addition of more videogames have not been enough to stave off the challenge posed by streaming rivals such as Netflix Inc. NFLX, +1.29% which also still rents out physical DVDs by mail.
A disappointing revenue outlook for Redbox, whose red vending machines offer DVD rentals starting at $1.50 a day, shows that new movie titles and the addition of more videogames have not been enough to stave off the challenge posed by streaming rivals such as Netflix Inc. NFLX, +1.29% which also still rents out physical DVDs by mail.