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Redbox expansion continues in deal with Walgreens

Written by Rich Fiscus (Google+) @ 28 Feb 2008 0:02 User comments (6)

Redbox expansion continues in deal with Walgreens After some market tests which began last year, Redbox has announced that they'll be adding their kiosks to nearly 1,800 Walgreens stores. At present the company expects to have over 11,000 active kiosks by year's end.
Redbox, which is primarily owned by Coinstar and McDonald's, is already the clear leader in the rental kiosk business. All told they already have nearly 7,000 units in use around the U.S. That's more than four times the number their closest competitor, Moviecube, has.

Although Moviecube has also announced big plans for expansion, with Redbox's aggressive growth continuing from last year, when they tripled the number of kiosks they had deployed, Redbox looks to be the clear market leader for the forseeable future.

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6 user comments

128.2.2008 7:50

I think these would do pretty well on college campuses.

228.2.2008 21:37

I agree with you DarkJello. I really like watching movies and rent quite a few a week, so redbox is absolutely awesome for me.... They get the new releases every tuesday just like the blockbuster and netflix and er only a $1...

328.2.2008 22:48

RedBox is the best. BUT - If they raise their prices to pay for all these new kiosks, I will drop them like I did Blockbuster.

429.2.2008 11:28

i dont think they will raise their prices. their low price is what is helping them grow so fast. who wants to spend $5 on a movie any more?

520.4.2008 17:34

It seems that redbox is expanding soo much that they are going to paint the whole world eventually red :)

621.4.2008 11:40
goodswipe
Inactive

Originally posted by borhan9:
It seems that redbox is expanding soo much that they are going to paint the whole world eventually red :)
I thought it was already Blu?

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