Redbox confirms streaming service rumor, will launch in 2011

vbimport

#1

Redbox confirms streaming service rumor, will launch in 2011.

[newsimage]http://static.rankone.nl/images_posts/2010/10/XzDPSQ.jpg[/newsimage]Coinstar CEO Paul Davis made an announcement during the company’s quarterly earnings conference this week and stated that Redbox is currently holding "detailed negotiations with a number of highly interested parties" to begin an online streaming service some time during 2011.


Read the full article here: [http://www.myce.com/news/redbox-confirms-streaming-service-rumor-will-launch-in-2011-36033/](http://www.myce.com/news/redbox-confirms-streaming-service-rumor-will-launch-in-2011-36033/)


Please note that the reactions from the complete site will be synched below.

#2

That sounds good and all but there another that is doing that already and has a bigger selection to stream-Netflix. Plus redbox has limited dvd as of current so if your going to stream you need a larger catalog for users to stream to watch. Not until they get big as Netflix or offer more then their limited selection streaming won’t do or give them more business. Plus the $1 rental/DVD isn’t as efficient as a monthly payment to get as many as you want in a month time. As with a physical DVD you can watch and play when you want and don’t need the net to watch you are free when to watch and where. But streaming you need the net and when you don’t have internet well you be watching a blank screen.


#3

Redbox needs to bring their 99 cents per rental model to streaming. Now THAT would shake up the industry. :slight_smile:


#4

[QUOTE=Blu-rayFreak;2553687]Redbox needs to bring their 99 cents per rental model to streaming. Now THAT would shake up the industry. :-)[/QUOTE]

So that means each movie you stream is .99+tax? That would be like watching 10 movies stream = $10.00+tax each time. That is not a sustainable model to go with it. Plus as I also noted they have limited selection and without a larger database to choose from it will hurt them more then help. In the Netflix model you pay a monthly fee and unlimited streaming as much as you want for $16.99+tax(3 DVD at a time for one month). So you can see how it compares - Redbox needs to be more competitive with their larger rival Netflix to really make a dent. But that 3 DVD at a month means 30 days let say minus 7 days would leave 23 days aka 23x3DVD=69 DVD plus unlimited streaming.

Netflix and Hulu have become more convenient alternatives than trying to remember to return a disc to a kiosk the next day.

This last part if you don’t get to returned cost your another $1 and plus it has to go back to the right kiosk you got if from as well. So that is the snag Rebox has to fix or do away with or change plans.