The company has seen its business erode as Redbox and Netflix become more popular with consumers. Because it's only getting a license fee, it's not going to replace the business it loses. For movie studios, this is just more pain. Redbox is suing the studios. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts.
Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. He asked us, and we tried to find out. Redbox, you may recall, is a company that rents movies and video games through kiosks for a small daily fee. As consumers move toward streaming their video entertainment and downloading their video games, that has affected the Redbox business model. We checked with Redbox to find out whether they had any plans to cull the herd, which consists of almost 40, boxes.
One kiosk might be removed and put next to an existing one in a high-traffic area. Have you noticed that Redbox kiosks are proliferating, disappearing, or clustering together in your area? Keep your eyes open and let us know what you see by dropping us an email. Want more consumer news? Visit our parent organization, Consumer Reports , for the latest on scams, recalls, and other consumer issues.
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