Redbox and other DVD-kiosk chains have grown to 19%
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Falcon01
July 2006
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Redbox and other DVD-kiosk chains have grown to 19% of the DVD rental market but are projected to comprise an impressive 30% by the end of 2010, according to an industry study released Tuesday.
NPD Group said the current market share of kiosk companies, which collectively form the controversial dollar-rentals portion of the DVD marketplace, compares with a 36% share for Netflix and other subscription services and a 45% piece of the rental market for Blockbuster and other traditional video stores.
Just a few years ago, DVD kiosks represented less than 2% of the rental market. Redbox, co-founded by McDonald's but now 100%-owned by Coinstar, changed all that after it began aggressively rolling out its network of rental kiosks in retail locations nationwide in 2005.
"Consumers are obviously responding positively to the perceived value of $1-per-day rentals," NPD analyst Russ Crupnick said. "And they appreciate the convenience offered by video rental kiosks."
http://www.hollywoodreporter.com/hr/content_display/news/e3id7aa74bd2d86729b86967e4f45396df1
posters5
March 2002
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richiro33
December 2007
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January 2008
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View profile »I just got sick of adding another stop to an already hectic schedule...be it to Block Buster or a movie kiosk...I would much rather just grab the latest mystery title from the mailbox when I get home and pop it into the company outbound mail the next morning and wait for the nxt Hollyweird Blockbuster to grace me with it's presence
[Post edited by r-u-serious on Aug 27, 2009 - CDT 12:41 PM]