Redbox's rental kiosks have been an enormous success over the past few years despite their online streaming service attempt being an utter failure. These rental kiosks simplified the DVD rental process and brought it to the mainstream at an affordable price. Just this morning, the company announced plans to increase their daily rental fees across the board.
We’ll be raising our movie prices a little starting December 2. For details, go here: http://t.co/jcB3b4nZX9
— Redbox (@redbox) November 24, 2014
Here are the changes to the pricing structure:
- DVD rentals will increase from $1.20 to $1.50 per day
- Blu-Ray rentals will increase from $1.50 to $2 per day
- Video game rentals will increase from $1 to $3 per day
Why the increased fees? The Redbox site's FAQ section states the following reasons:
We raised our prices to continue to bring you the best value for the latest movies and games on the formats you want, including Blu-ray™ (for the highest-quality viewing experience) and new-generation games. We’re also investing to improve your experience at redbox.com, on our mobile apps and at the box. We’re always looking for the best ways to enhance your entertainment needs and bring you the best value.
As a graduate of the University of Massachusetts and our Managing Editor, Colt loves testing out the newest tech products/services. His goal is to help better educate other consumers to ensure the most satisfying purchases decisions on consumer electronics and services. When he is not working on creating new content, Colt enjoys spending time with his two Australian Shepherds, Mia and Zoey.