Even as his company readies its digital delivery plan for release later this year, Paul Davis, CEO of Redbox parent Coinstar, says that physical discs aren’t anywhere near their swan song. Davis also said that nearly one-in-five Redbox locations across the country will have multiple kiosks by year’s end.
Speaking at the Technology Leadership Forum in Vail, Davis said the following on physical media:
“Today, by far, the preferred medium [for rental] is physical DVD . . . We think we’re well-positioned for a much longer tail than some predict.”
Davis also believes that there is “still a lot of white space for the kiosk footprint nationwide,” and he thinks rival NCR will reach its goal of 10,000 installed Blockbuster Express kiosks in 2010.
How much life does the venerable DVD have left in it, Insiders? Will Redbox’s upcoming digital delivery plan quickly outpace the physical discs that have been the company’s bread and butter for so long?
(via Home Media Magazine)