Redbox Attracting More Customers as Netflix Raises Rates and Blockbuster Closes Stores

With Blockbuster closing stores, and Netflix announcing a 60% increase in membership rates, video rental service Redbox gaining a lot of attention from consumers. Redbox, a relatively new alternative video rental service allows for more flexibility and a offers a much lower cost for DVD and BluRay rentals – as low as $1 per day.

Unlike its competition, Redbox does not have stores with overhead, and currently does not stream videos over the internet or mail them to customers. Instead, Redbox has small kiosks in a variety of stores, like your local grocery or drug store.

The concept is simple. Customers go can go online to find a movie and a kiosk near them and reserve their DVD or Blu-Ray movie. They go to the location and get the movie from the kiosk. They can then return the movie to any other kiosk in the 27,000+ network of Redbox kiosks nationwide – a really great option for travelers.

Most movies rent for as low as $1.00. Customers can also rent from the kiosk without a reservation if they just happen to see one in their store. The company has even released apps for smart phones to help you locate a kiosk near you and make a movie reservation.

To date the company has rented over 1 billion movies, and this summer the company started offering video game rentals as part of their offerings. For customers looking for new release titles, and want a physical DVD or Blu-ray instead of streaming over the internet, Redbox may be the wave of the future.