Watch Out ‘Netflix’ ,’Redbox’ Takes Over ‘Blockbuster’ Kiosks

couponsavingfamily.com

Looks like ‘Netflix’ better watch out. Redbox parent company Coinstar announced that they’d be purchasing NCR’s Blockbuster Express DVD rental kiosks for $100 million! For the moment, the Blockbuster Express Kiosk machines will remain blue, but soon enough they’re likely to turn red.
An NCR spokesman had to say about the deal:
“Once the deal is completed, NCR will have no need for the Blockbuster license. NCR will be out of the owner-operator business in entertainment.”
Between this deal and Coinstar/Redbox’s newly-reported fourth quarter revenue of $520.5 million,looks like this is the year ‘Redbox’ makes a serious run at ‘Netflix’ for the DVD rental market leader. Do you use ‘Netflix’ or ‘Redbox’ for your video rentals?

Leave a Comment