Biz: Company that owns Redbox machines said sales are terrible/stock is crashing

[ShortyCumStain]

Kudos to netflix. They this coming and went all in on original programming/streaming

Hell, Netflix movie selection ain't hittin' on shit either.

 

[Non-StopJFK2TAB]

I think Redbox will only work in rural areas
Because you still have some people in rural areas with shitty internet
People with less than 10MB DSL, or Satellite internet, or Verizon/AT&T cell internet, limited to a certain number of GB per month
For them it makes sense to grab a movie from Redbox, instead of running up their monthly internet allowance

Plus with Ultra High Def movie coming out soon, most people don't have the bandwidth speed to download those huge movies
You need at least 25mb per sec speed, or else it's going to buffer
Redbox needs to double down on all the grocery stores & etc, in rural areas

Double down? Rural areas?

Borderline hilarious.

 

[CurtDawg]

Double down? Rural areas?

Borderline hilarious.

You have a better idea ???

 

[gdatruth]

Hell, Netflix movie selection ain't hittin' on shit either.

I hate it too but they are more economically viable creating and controling their content vs licensing agreements with studios.

 

[Non-StopJFK2TAB]

You have a better idea ???

Sell the company to a sucker, and take it private.

 

[playahaitian]

Can't dispute the part about the germs, ain't no effort involved in finding a redbox. They're ubiquitous as fuck. Every grocery store I go to has one. I just grab one on my way out if the mood strikes me and you can drop 'em off anywhere.

Now if you don't shop often or there's not a convenience store a couple minutes away then yeah...

ive always thought this.

I thought they were located in enough areas like a drug store, laundromat newstand etc it wasnt convenient enough

 

[Rembrandt]

yeah, but they had a niche and made some money, but their streaming options never materialized. I think the movie companies and stores like Best buy, Target and Walmart also made it harder for them to get the new releases when they first came out. You had to wait for a week or so to get them on Redbox so the big box stores could make their money of DVD sales.

They will always be remembered as the company that basically put Blockbuster/Hollywood Video out of business though

This is it right here. It was unfortunate they never had a solid streaming venture. I think an all around solution would be best. Blockbuster should have bought them early and then added streaming where you could have one large location within an area where you stored movies and had employees service kiosks or they could mail in and return in store immediately and kept the unlimited monthly payment. it would have been smart but they didn't.