Here’s an interesting thought. Galen Smith, CFO of Redbox parent Coinstar, has revealed that Redbox does better renting movies that were not big hits at the box office.
According to Smith, consumers are more likely to purchase, rather than rent, massive hits. It’s the less-successful movies, in the $50 to $100 million gross range, that make up the “sweet spot” for successful rentals, as fewer consumers consider those titles must-owns.
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TGIF! Every week on “Freebie Friday” we offer our readers an opportunity to win free prizes. This week we’re giving away 5-packs of free Redbox rentals to three lucky winners!
The summer movie season is in full swing, and that means sequels, sequels, and more sequels. The two sequels launching this weekend are the sixth and the third installments in the Fast & Furious and Hangover franchises. Let’s talk about other famous sequels over the years.
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Welcome to another edition of Inside Redbox’s Preview Review, where we recap the movies that will be coming out in theaters this weekend. The goal of this feature is to help you make your weekend movie-watching plans, as well as to note movies that you want to Redbox in a few months when they come out on DVD.
Star Trek had the box office to itself last weekend, but things are getting crowded this time around. The previews and trailers for The Hangover Part III, Fast & Furious 6, and Epic are after the break.
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From upstart to consumer darling, and from fallen icon to Wall Street wonder, Netflix has had a wild ride the last few years. On board that entire time has been the company’s chief content officer, Ted Sarandos. The high-profile exec recently sat down with The Hollywood Reporter to talk about his “Phase 2″ plan’s for the company’s original content. Read the rest of this entry »
Get on your hobbit feet, strap on your sword, and head over to Redbox Instant by Verizon’s website if you are interested in streaming The Hobbit: An Unexpected Journey for free. Details after the jump.
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In our never-ending quest to keep you informed and up-to-date on movie and home entertainment happenings, Inside Redbox regularly takes a look at major films coming out in the near(ish) future that are already generating buzz and anticipation. This time around, we’re spotlighting About Time.
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And why not? Looking to jump into the hyper-competitive but quickly growing subscription video-on-demand game, retail giant Target has begun testing its own SVOD service.
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In our never-ending quest to keep you informed and up-to-date on movie and home entertainment happenings, Inside Redbox regularly takes a look at major films coming out in the near(ish) future that are already generating buzz and anticipation. This time around, we’re spotlighting Anchorman: The Legend Continues.
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Here are the new movies you will find in your local Redbox this week (5/21/2013):
Gangster Squad
Parker
Promised Land
Stand Up Guys
The Last Stand
and more…
See the full list after the break. What will you be watching this week?
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Scott Di Valerio, CEO of Redbox parent Coinstar, is pretty bullish on the kiosk operator’s future. By better adapting to its customers’ rental patterns, Di Valerio says that Redbox can expect to see a 5 to 10 percent annual increase in rentals for the next several years.
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