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Archive for August, 2008

We made it to another Monday and another promo code…

Today’s code is:

H3BL13

It expires tonight (Monday, Aug 12) at midnight.

Also, stay tuned for Wednesday promo codes the entire month of August.

Redbox New Releases for August 12, 2008

Here are your new releases for the week…

Belly 2: Millionaire Boyz Club R
movie details / trailer
Starring: The Game, Shari Headley
Release Year: 2006

 

Frank PG
movie details / trailer
Starring: Jon Gries, Cynthia Watros
Release Year: 2007

 

Kirby’s Adventures in Cappytown NR
movie details / trailer
Starring:
Release Year:

 

Smart People R
movie details / trailer
Starring: Dennis Quaid, Sarah Jessica Parker, Ellen Page
Release Year: 2008

 

The Art of War II: Betrayal R
movie details / trailer
Starring: Wesley Snipes, Athena Karkanis
Release Year: 2008

 

The Secret R
movie details / trailer
Starring: David Duchovny, Lili Taylor
Release Year: 2007

 

Wednesday Promo Codes back again?

Thanks to moonbeam for bringing this to my attention…

It looks like Wednesday promo codes are back, at least for today. Perhaps we will see them for the entire month of August. Let us know if the code works for you.

Today’s code is:

W6CT98

Expires tonight (Wed, Aug 6) at midnight.

In a not-so-surprising move, Blockbuster – the original movie rental giant that has taken a beating recently by Netflix and Redbox – has announced that they will be placing 50 DVD rental kiosks in a pilot test they are doing.

Blockbuster previously announced their partnership with NCR – the maker of ATM machines – for the download-only kiosks they are testing in Dallas. This new announcement expands that agreement to include these new dvd kiosks.

The scary part of all of this is that Blockbuster and NCR have enough funding to enter the DVD kiosk arena with a lot of force and intensity. Check out this quote from the release:

“This alliance with Blockbuster is an exciting step for NCR as we pursue our mission of becoming the leader in the market for entertainment self- service solutions,” said Bill Nuti, NCR chairman and CEO. “Looking beyond this initial deployment, our mutual goal is to have 10,000 kiosks installed within 18 months. We are energized and thrilled to be such an integral part of Blockbuster’s strategy for providing consumers with greater choice and convenience.”

10,000 kiosks in 18 months… That is a large number and could really hurt Redbox. I wonder if Redbox had wind of this recently and that is why they delayed their IPO. News like this – especially if Blockbuster is successful in their test – could really hurt share prices in an IPO.

Anyway, read the full press release if you want the full scoop, and stay tuned for more developments on this over the next 3-6 months.

What do you think? Will Blockbuster takeover the DVD rental kiosk space and put an end to Redbox and other competitors?

Here is your Monday-only promo code for today. Enjoy!

172GJZ

Expires tonight (Mon, Aug 4) at midnight.

Here are your new releases for the week. I only recognize one of the movies, the rest seem to be obscure or older titles…

64 Zoo Lane NR
movie details / trailer
Starring:
Release Year: 2008

 

Adventures Of Johnny Tao PG-13
movie details / trailer
Starring: Matthew Twinning, Matt Mullins, Chris Yen
Release Year: 2007

 

Nim’s Island PG
movie details / trailer
Starring: Jodie Foster, Gerard Butler, Abigail Breslin
Release Year: 2008

 

Starship Troopers 3: Marauder R
movie details / trailer
Starring: Casper Van Dien, Jolene Blalock
Release Year: 2008

 

Super Mario Bros: King Koopa Katastrophe NR
movie details / trailer
Starring:
Release Year: 2003

 

Vexille: The Movie PG-13
movie details / trailer
Starring: Shosuke Tanihara, Meisa Kuroki
Release Year: 2007

 

Coinstar has issued a press release regarding is Q2 2008 earnings, and it looks like Redbox has been good to them.

Redbox saw a 200% revenue growth from last year, with sales of $57.8 million last quarter, and earnings of $11.5 million. Of course, Redbox has also more than doubled their kiosk installations from this time last year as well, going from 4,300 a year ago, to 9,600 as of the end of last quarter.

Coinstar upped its share in Redbox from 47% to 51% this past January, to become the majority stakeholder in the company. McDonald’s – along with a handful of other investors – owns the remainder of the company.

So, it doesn’t look like all of the free promo codes they are giving out is hurting their business, but instead continuing to drive their growth. Now, if they can just get their IPO done, Redbox investors will be very happy, indeed.