Archive

Get ready for $1.20 Redbox

  • fan_from_texas
    That extra 20 cents each time I rent a DVD is really starting to cramp my style. Price-gougers. We need the gubmint to step in and do something about this. All those actors making millions, while good, hard-working people of America are struggling to make ends meet!


    (my apologies to http://www.ohiochatter.com/forum/showthread.php?31336-Get-ready-for-4-ga)
  • Fab4Runner
    Haha my sister actually commented on this last week. She wasn't actually mad...just surprised when she rented her movie.
  • thavoice
    20% increase?

    Wow.

    Eh...still a little more convenient than regular video stores, and can be cheaper too.
  • sleeper
    I don't use Redbox, never will either.

    However, I feel the $1 pricing point was the big draw. $.20 isn't much, hell if anyone rents from redbox and wants me to pay the .20 each time they use it send me a PM and I'll reimburse. I'm more worried about the loss in revenue from people not having the .20 in change lying around, unless you can pay by CC.
  • fan_from_texas
    thavoice;1031375 wrote:20% increase?

    Wow.

    Eh...still a little more convenient than regular video stores, and can be cheaper too.
    My understanding is that the increase comes from Dodd-Frank, which makes it more difficult and expensive for companies to process super-cheap transactions. So the increased regulation of Wall Street called for by the OWS types now result in a 20% hike on Redbox prices. Similarly, convenience store prices are expected to go up, too.
  • thavoice
    Thanks for the explanation.

    So, in retard terms, do you mean that costs for transactions for debit/credit cards went up?
  • pmoney25
    It is only by credit card that you can pay. I like Redbox, There is one probably a mile from my house. Makes it easy to rent movies, usually always have movies I want to see in because where I live is not a high traffic area really. Pretty good idea because harldy anyone returns movies the next day. I have three or four that I forgot about and ended up having to buy.

    I honestly don't know how Blockbuster is staying in business. I know they do get some new releases before Redbox or Netflix and I am sure that helps some but I would surprised if Blockbuster is around in 5 years. Two near my house have closed within the last year.

    I use Netflix Streaming right now along with RedBox, I cant wait for the day when they actually start getting new movies when they are released on DVD. Hopefully happens soon.
  • Ironman92
    I've never used Red Box....helps me afford gas.
  • thavoice
    pmoney25;1031388 wrote:It is only by credit card that you can pay. I like Redbox, There is one probably a mile from my house. Makes it easy to rent movies, usually always have movies I want to see in because where I live is not a high traffic area really. Pretty good idea because harldy anyone returns movies the next day. I have three or four that I forgot about and ended up having to buy.

    I honestly don't know how Blockbuster is staying in business. I know they do get some new releases before Redbox or Netflix and I am sure that helps some but I would surprised if Blockbuster is around in 5 years. Two near my house have closed within the last year.

    I use Netflix Streaming right now along with RedBox, I cant wait for the day when they actually start getting new movies when they are released on DVD. Hopefully happens soon.
    IVe seen a few blockbuster units like redbox around.
  • FatHobbit
    Love red box. There's one on my way home from work. .20 won't make much of a difference to me.
  • fan_from_texas
    thavoice;1031387 wrote:Thanks for the explanation.

    So, in retard terms, do you mean that costs for transactions for debit/credit cards went up?
    Yes, that's pretty much it. If a company has to pay a flat X cents for each transaction, and then the cost goes up Y cents, the flat fee increase makes a bigger difference for low-margin items. Redbox has to increase their prices by 20% just to be back to where they were before the changes. It's a little ironic that regulatory actions taken to protect the poor from evil Wall Street will disproportionately hurt . . . the poor (or at least those who buy low-margin items).
  • Glory Days
    pmoney25;1031388 wrote:It is only by credit card that you can pay. I like Redbox, There is one probably a mile from my house. Makes it easy to rent movies, usually always have movies I want to see in because where I live is not a high traffic area really. Pretty good idea because harldy anyone returns movies the next day. I have three or four that I forgot about and ended up having to buy.

    I honestly don't know how Blockbuster is staying in business. I know they do get some new releases before Redbox or Netflix and I am sure that helps some but I would surprised if Blockbuster is around in 5 years. Two near my house have closed within the last year.

    I use Netflix Streaming right now along with RedBox, I cant wait for the day when they actually start getting new movies when they are released on DVD. Hopefully happens soon.
    I'd be surprised if Netflix survives also. Until they start streaming good movies, it wont be any good. I havent found a movie worth watching in months. its great if you want B movies streamed, other than that, goodluck.
  • THE4RINGZ
    The Redbox is for poor people.
  • THE4RINGZ
    On a related note, I drove past an old grocery store that has been for sale for 3-4 years, I see last week that a Family Video store has purchased the building and is opening up there. Really? I thought walk in video rental stores were a thing of the past, especially given the location of this one which is maybe a block and a half from a Blockbuster store which every time I drive by there it is a ghost town.
  • FatHobbit
    THE4RINGZ;1031540 wrote:The Redbox is for poor people.
    I must be poor as hell then! :o But if I want to take my wife and kid to the movies it will cost $30. (Assuming we sneak some food and drinks in) If we're a little patient we can watch movies at home for $1.20. And then I can afford to buy gas for the week. :D
  • THE4RINGZ
    FatHobbit;1031545 wrote:I must be poor as hell then! :o But if I want to take my wife and kid to the movies it will cost $30. (Assuming we sneak some food and drinks in) If we're a little patient we can watch movies at home for $1.20. And then I can afford to buy gas for the week. :D
    I believe you missed the point of my post.
  • FatHobbit
    THE4RINGZ;1031552 wrote:I believe you missed the point of my post.
    Not entirely :)
  • wes_mantooth
    I steal my movies.

    Hope this helps
  • thavoice
    THE4RINGZ;1031544 wrote:On a related note, I drove past an old grocery store that has been for sale for 3-4 years, I see last week that a Family Video store has purchased the building and is opening up there. Really? I thought walk in video rental stores were a thing of the past, especially given the location of this one which is maybe a block and a half from a Blockbuster store which every time I drive by there it is a ghost town.
    Had alot of time to kill the other day an we went to a family video. That place was hopping. Hadnt been in a walk in video store in many years and I was surprised. OF course they had new releases that were a couple of bucks but it seemed like the whole store was full of movies for a dollar and ya got to keep them for like 5 nights. We walked out with 6 videos for 6 bucks and got to keep them for 5 days. Wasnt too bad of a deal and alot more selection than a redbox.

    WHen I think of blockbuster, and I think it is a common to many, I think of expensive movies to rent. It may not be that way inside, but that is the first thought that comes into my mind.
  • GoChiefs
    wes_mantooth;1031606 wrote:I steal my movies.

    Hope this helps
    It's assholes like you that are turning the movie industry to shit!
  • ManO'War
    I think if America started to make our own movies the price of renting DVD's would come down......


    Film, baby, film!
  • sleeper
    FatHobbit;1031545 wrote:I must be poor as hell then! :o But if I want to take my wife and kid to the movies it will cost $30. (Assuming we sneak some food and drinks in) If we're a little patient we can watch movies at home for $1.20. And then I can afford to buy gas for the week. :D
    Agreed. $10 a ticket + food/drinks is way too expensive. I haven't been to a movie in years because its not worth it. I think the last movie I saw in the theaters was Avatar and I regretted every second of it.
  • ManO'War
    If you had a Smartphone you could watch it on that! :p
  • redstreak one
    Go to redbox.com rentals are a dollar if you pay online and pick it up. Im must be poor also, use redbox often.
  • fan_from_texas
    ManO'War;1031635 wrote:I think if America started to make our own movies the price of renting DVD's would come down......


    Film, baby, film!
    +1