via MarketingTrendsNews on YouTube
NerdBoyTV NOTE: Boy, I'm not sure this is such GREAT timing for a price increase, especially after that horrible backlash from the Netflix pricing snafu! Well, we shall see...
Redbox's DVD rental kiosks have grown in popularity lately, attracting customers fed up with Netflix's video subscription service.
Now Redbox is risking its own customer backlash by raising prices, the same move that triggered Netflix's recent loss of 800,000 U.S. subscribers.
Yesterday, Redbox announced a 20 percent price increase, making the rental rate $1.20 per day, instead of the current $1 daily rate.
Redbox prices will remained unchanged for Blu-ray discs at $1.50 per day and video games at $2 per day.
Now Redbox is risking its own customer backlash by raising prices, the same move that triggered Netflix's recent loss of 800,000 U.S. subscribers.
Yesterday, Redbox announced a 20 percent price increase, making the rental rate $1.20 per day, instead of the current $1 daily rate.
Redbox prices will remained unchanged for Blu-ray discs at $1.50 per day and video games at $2 per day.
1 comment:
Even though Redbox and Netflix are making changes there is another option. Being a DISH subscriber you can get the Blockbuster Movie Pass. You can get over thousands of movies and games delivered to your home which is so convenient. Working for DISH I can tell you that there is one, two or three disc plans available.
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