Redbox Review – Best Way to Rent Movies or Just a Total Scam?
| Welcome to my review of | Redbox! | ||||
| There has been some buzz about this company lately so I decided to investigate what it was all about… | |||||
| Chances are you've seen these somewhere near your grocery store or Walgreens and want to make sure it's a good deal right? | |||||
| First, congratulations on actually doing your research and you didn’t just jump in on the hype… | |||||
| So many people do that and get burned… | |||||
| And no one wants to get burned… | |||||
| So in this blog post, I am going to walk you through the company, the products and offerings and costs so you can make the right decision to use it or not… | |||||
| Find out of it’s legit! | |||||
Redbox Review – The Company
Redbox originally launched in 2002 and is owned by Outerwall (formerly Coinstar).
This whole concept was created after testing began within McDonald’s Ventures LLC, Redbox started counting its locations and rentals by the hundreds instead of the handfuls.
Redbox specializes in the USA by providing competitive prices on movies and video game rentals.
Fast forward then In 2010, Redbox rented its 1 billionth disc and also started renting Blu-ray™ Discs.
In 2016, they nearly hit $76 million. Their rise helped spur the demise of Blockbuster Video in 2011.
Today, Redbox is located at some of the largest retailers nationwide, where Americans have rented more than 6 billion discs.
Redbox launched Redbox On Demand in 2018 to deliver a broader selection of movies and TV shows via transactional video-on-demand (VOD) and electronic sell-through (EST).
In 2019, Redbox launched Redbox Entertainment, a new division to produce and distribute original content across its services. Through Redbox Entertainment, the company released The Fanatic (starring John Travolta) and Running with the Devil (starring Nicolas Cage and Lawrence Fishburn) through VOD and at the kiosk.
Anyway, now that you know about the company…
Let’s jump into the products next…
Redbox Review – The Products
Redbox provides movie and video game rental all over the USA except Alaska.
The good news when companies like Redbox pop up, the big corporations can’t have that monopoly in the marketplace.
They do provide competitive prices and you can compare for yourself.
Redbox Review – The Competition
There is a lot of competition when it comes to the movie rental space in the entertainment industry…
Here are the following companies competing with each other…
Netflix
Amazon
FandangoNow
Vudu
Google Play
Warner Brothers
Familyvideo.com
Roku
GameFly
Redbox Costs and Fees
Their prices start at $1.80 a day for DVDs and $2 a day Blu-ray™ Discs.
You can earn free movie night rentals via Redbox Perks.
You can Rent a new-release cheaper than cable.
The good news is No monthly subscription is required
Overall, the cost is fairly cheap, but not as strong as lets say Amazons 99 cent rentals.
Redbox Review – The Verdict
CONCLUSION
Overall, Redbox is NOT a scam…
It’s a legit business and has been in the marketplace for almost 20 years now and counting.
Not to mention, they have rented billions in discs and expanded all over the USA.
The good thing is most people rent movies and as far as in-person disc rental there isn't much competition.
The bad thing is that if you forget to return the disc the late fees and penalties can ADD UP FAST!
So don't be late!
I've even seen people pay $30 or more if they're late.
But overall they provide a good value for the price.
And provide some of the older generations a good alternative with BlockBuster Video having gone under.
There are tons of options out there…
Anyway, I hope you enjoyed my Redbox review and if you have any questions, feel free to ask in the comments below…
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