Redbox rentals will get a price hike on December 2nd

If you're looking to snag a DVD or Blu-ray from Redbox while out gathering holiday supplies, you'll soon be paying a bit more for the rental. On December 2nd, the red kiosks will increase rates from $1.20 to $1.50 for DVDs and from $1.50 to $2 for Blu-ray selections. While the allure of Redbox lies in its low prices, even after the increase, its rates will still hit the wallet for sums significantly lower than on-demand or streaming rentals from the likes of Amazon, iTunes and others. In addition to the cost increase, Redbox will launch a recommendation engine -- similar to Netflix -- that will serve up suggestions for your next rental based on previous titles that you enjoyed. Games aren't exempt either, as that nightly fee will increase from $2 to $3 in January.