Are 28-day Delays for New Releases Hurting Redbox?

Redbox has had to lower its full-year 2010 financial expectations thanks to studio imposed 28-day delays and weak Blu-ray rentals. Apparently the new "rent and return anywhere" feature screwed things up too by causing movie shortages at some kiosks.

The high-flying, buck-a-night DVD-kiosk company hit a speed bump Thursday, with Redbox parent Coinstar warning surprised investors that its fourth-quarter results will be taking a turn for the worse. What happened? Weaker-than-expected Blu-ray rentals, for starters, but especially those annoying 28-day delays for new-release DVDs.

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