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Redbox snatches up NCR's entertainment division, swallows Blockbuster Express business
If you thought Coinstar was through making industry rattling announcements today, you were wrong. After taking the wraps off its joint venture with Verizon, now the company has announced it'll be taking over NCR's entertainment division for $100 million. That includes DVD kiosks, retailer contracts and an inventory of discs for stocking the machines. That's big news not only because it expands Redbox's already sizable self-serve rental empire, but because it's doing so at the expense of the floundering Blockbuster, since NCR owns the blue and yellow rental kiosks. Presumably existing Blockbuster Express installations will become Redboxes, though, how quickly that might happen is unclear. For a few more details about the deal check out the PR after the break.Update: We've attached a letter from Blockbuster explaining the switchover after the break.
Blockbuster Express kiosks hike rental rates to keep offering new movies
In a continuation of the worst fad ever, it appears NCR's Blockbuster Express kiosk biz is the latest to come down with a case of price hike-itis, following competitors Redbox and Netflix. Of course the cause behind this is the studios, who are pushing for higher rates on new release movies or delayed windows. The 3-2-1 pricing structure it has been testing kicks in on "Hot Movies" in the first month they're available (sound familiar?), renting for $3 the first night (additional nights are still just $1 each, Blu-ray discs still cost $1 extra the first night), dropping to $2 after a month and then to $1 after 90 days. Expect the squeeze to be continually and evenly applied to your video rental options as long as Hollywood believes it increases sales.
BlockBuster Express to distribute Warner Bros DVD rentals 28 days after release
It was only a couple of weeks ago that BlockBuster Express and Warner Bros were trialling the release of DVD titles into the former company's rental kiosks on their day of commercial release, but it seems like that's a future we're not going to see any more of. The pair have now announced a partnership whereby NCR's Blockbuster Express will offer WB's new DVD titles for rent 28 days after launch, matching Redbox and Netflix who are also subject to a four-week delay. This follows similar deals being concluded by NCR with Universal Studios and 20th Century Fox, with the major benefits being lower acquisition costs and a direct relationship with the studio. Update: We initially conflated Blockbuster with Blockbuster Express-branded DVD kiosks operated by NCR. The post has now been updated to rectify this unforgivable misguidance.
Blockbuster Express kiosks test $2.99 per night new release rentals, Redbox looks unimpressed
28 days. It's more than an unappreciated flick from the turn of the millennium, it's also driving the executives at Redbox, Netflix and a smattering of other unorthodox rental companies mad. Movie studios have been hellbent on keeping their new release DVDs and Blu-ray Discs out of instant-rent hands for 28 days after release, noting that dollar-per-night rentals could drastically reduce DVD / BD sales in the all-important launch window. Now, however, it seems that at least a couple of 'em are willing to bend. Starting this week in four major cities (Atlanta, Miami, Phoenix and San Francisco, for those curious) DVDs for Warner Bros.' "Inception" and 20th Century Fox's "Knight and Day" are being slipped into NCR's Blockbuster Express kiosks. The catch? It'll be $2.99 per night to rent either of them, a nearly threefold increase in the nightly rate that Redbox charges. Additional details on the trial are few and far betwixt, but it's safe to say that Redbox isn't any closer to nabbing fresh flicks sooner, and unless you're down with a 3x price hike, neither are you.
Blockbuster partially reaches back to the 90s, announces 3-day in store rentals with tiered pricing
Right on the heels of announcing that its on demand service was available on over 100 devices, Blockbuster has officially reduced in-store rentals periods from five to three days and established new pricing tiers. "Just arrived" Blu-rays and DVDs now cost $4.99, making them competitive with Redbox on a cost per day basis, especially when you consider the red vending machines must wait for up to 28 days later in some cases to get newer titles. Recent releases in circulation longer than six weeks cost $2.99 along with frequently rented "Top Picks," while older, and less popular titles -- think Weekend at Bernies -- have bottomed out to $0.99. According to company rep Patty Sullivan, these changes should help Blockbuster "continue to be a competitive force in the media business" and "simplify the rental experience." That sounds a lot like the same stance it took with the now dead no late fee scheme -- but who's keeping track? It also still seems expensive for frequent movie watchers compared to Netflix's basic $10 a month plan, which includes one rotating mailed disc along with unlimited streaming. So call us crazy, but somehow we don't see this move solving the company's bankruptcy woes anytime soon.
Blockbuster, Redbox adding rental kiosks at ridiculous speed
The DVD rental kiosk war continues to heat up, with NCR acquiring competitor DVDPlay to add around 1,300 kiosks under its Blockbuster Express umbrella, while Coinstar joyfully announced its surpassed expectations with the rollout of Redbox, now numbering 22,210 installations. For the last six months its maintained a pace of more than one kiosk every hour, 24/7. Is there anywhere you'd like to see one of these automated dispensaries that doesn't have one yet? Odds are there will be three new ones by the time you finish reading this post.
Blockbuster DVD kiosks creeping into New England supermarkets
Look out Redbox, Blockbuster is coming. The rental giant is expanding its test program with NCR, planning to deploy kiosks in all 57 Big Y locations in Massachussetts and Connecticut by September 3, with a familiar $1 per night pricing scheme. No word on any Blu-ray discs being tucked into these automated movie towers, and while 57 locations is hardly on the level of Redbox's thousands of self service locations, we wonder if this is just the beginning of a push to the "10,000 kiosks installed within 18 months" goal stated by NCR CEO Bill Nuti a year ago, but we suppose we'll know they're big time when the movie studios start suing.
