Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday December 08, 2015

Redbox President Steps Down

It's not like this is surprising, the writing has been on the wall for ages. I'm actually rather impressed that Redbox has made it this long.

A disappointing revenue outlook for Redbox, whose red vending machines offer DVD rentals starting at $1.50 a day, shows that new movie titles and the addition of more videogames have not been enough to stave off the challenge posed by streaming rivals such as Netflix Inc. NFLX, +1.29% which also still rents out physical DVDs by mail.