Redbox Automated Retail announced that it will pay up to $100 million to purchase NCR’s DVD business assets, including its kiosks, certain retailer contracts and inventory.
Archive of posts filed under the Rental category.
Verizon and Redbox Form Joint Venture
Verizon and Coinstar announced a new joint venture that will combine redbox’s physical disc rentals with Verizon’s Video-On-Demand streaming and download services.
Walmart Sticks with Redbox DVD Kiosks
Redbox Automated Retail announced Walmart will continue to feature Redbox’s DVD and game rental kiosks at more than 3,700 of the retailer’s locations in the United States through 2015.
Netflix Raises Cash and Warns of Loss
Netflix, Inc. announced it sold $400 million in common stock and convertible notes as well as warned the company expects to incur a loss for its year ending December 31, 2012.
Walmart To Settle Netflix Suit
Kinsella Media, LLC announced that there is a lawsuit and proposed settlement of a class action that involves consumers who paid a subscription fee to rent DVDs online from Netflix anytime from May 19, 2005 to September 2, 2011.
Netflix Does Qwikster About Face
Netflix announced that it will not rename its DVD-by-mail service to Qwikster and that its U.S. members will continue to access their streaming and DVD rental accounts through the Netflix website.
Public Media Works Exits DVD Kiosk Business
Public Media Works announced that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code as well as shut down its movie rental kiosk business, which operated under the name Spot. The difference.
Final Days of Blockbuster Canada Sales
Grant Thornton Limited announced that it is wrapping up final closing sales at Blockbuster Canada’s remaining retail stores.
Netflix’s Loss is Redbox’s Gain
Magid Advisors announced that, according to its latest survey, Redbox stands to benefit from customer dissatisfaction with Netflix.
Playdium DVD Kiosks Fill Blockbuster Void
Playdium announced the official launch of its Playdium Movie Magic DVD rental kiosk program.
