Redbox - Video supplier price increase 20%

SeaKing · 11-02-2011, 05:28 PM

I rented a movie last night (Tuesday) from Red-Box.
"The Lost Future," one of those where man's science has created a disease that has destroyed civilization and the last of mankind is fighting blood thirsty zombie type creatures. (My kind of movie.)

The price is now $1.20. [20 percent increase!]

Netflix has raised their prices already.

Will others including Amazon raise their prices?

How will this impact on all these tablets and readers that can show movies?

Penforhire · 11-02-2011, 05:58 PM

Oddly enough, they didn't raise their Blu-Ray prices (yet). And Netflix hasn't raised prices on their streaming-only plan (yet).

I wouldn't make it into some sort of tidal apocalypse just yet. $1.20 is still a heck of a bargain for a DVD rental. The cost of driving to a Redbox is just as big a deal (IRS figures $0.51/mile in 2011!) if you're not shopping there anyway.

SeaKing · 11-02-2011, 06:31 PM

Quote:

Originally Posted by Penforhire

Oddly enough, they didn't raise their Blu-Ray prices (yet). And Netflix hasn't raised prices on their streaming-only plan (yet).

I wouldn't make it into some sort of tidal apocalypse just yet. $1.20 is still a heck of a bargain for a DVD rental. The cost of driving to a Redbox is just as big a deal (IRS figures $0.51/mile in 2011!) if you're not shopping there anyway.

Red-Box is nice. It has locations at all the places I go.
Ingles - groceries
CVS - pharmacy
Walmart - everything.

You can return the movie to any Red-Box anywhere, so I usually do it at night when I go to eat, and since I am returning the movie, I look to see if there is anything else I want.

O.K. I am hooked on Red-Box.

I just have to make sure I don't go over to the ice cream aisle.

Kali Yuga · 11-02-2011, 07:58 PM

IIRC Red Box announced the price increase in the last week, and their stock took a requisite hit.

Phogg · 11-02-2011, 10:47 PM

Quote:

Originally Posted by SeaKing

I rented a movie last night (Tuesday) from Red-Box.
"The Lost Future," one of those where man's science has created a disease that has destroyed civilization and the last of mankind is fighting blood thirsty zombie type creatures. (My kind of movie.)

The price is now $1.20. [20 percent increase!]

Netflix has raised their prices already.

Will others including Amazon raise their prices?

How will this impact on all these tablets and readers that can show movies?

Go take a look at your grocery bill.

Currencies are down, and this is a correction to compensate for that. It isn't just rental movies. Concrete items have a concrete value relative to one another.

OtterBooks · 11-03-2011, 12:47 AM

$1.20!? Now what am I gonna do?

frahse · 11-03-2011, 01:46 AM

Quote:

Originally Posted by OtterBooks

$1.20!? Now what am I gonna do?

Go to the library. Better still walk to the library. Save the big bucks!

Rob Lister · 11-03-2011, 08:57 AM

1.20 is ok. I rent about 3 a month from redbox. honestly, if it was 1.75 i'd still rent the same.

my personal psychological price point for a impulse redbox movie rent is 1.97

SeaKing · 11-05-2011, 04:44 PM

Quote:

Originally Posted by Penforhire

Oddly enough, they didn't raise their Blu-Ray prices (yet). And Netflix hasn't raised prices on their streaming-only plan (yet).

I wouldn't make it into some sort of tidal apocalypse just yet. $1.20 is still a heck of a bargain for a DVD rental. The cost of driving to a Redbox is just as big a deal (IRS figures $0.51/mile in 2011!) if you're not shopping there anyway.

Does anyone say how many blueRay disks get rented compared to regular DVD disks?

There aren't many on the machines I use.

Is Blue Ray going to die off?

xg4bx · 11-05-2011, 09:21 PM

movie studios are demanding higher royalties, thats what all the price increases are. people who get angry at netflix or red box are just misinformed.

J. Strnad · 11-06-2011, 10:58 PM

xg4bx has it nailed. Costs are going up for all distribution channels because content providers have realized that these alternative channels are gaining popularity with the public.

The money has to come from somewhere, so it comes down to the consumer to pony up.

OtterBooks · 11-06-2011, 11:50 PM

Well that homeless guy sleeping next to the Redbox is getting a couple dimes less from me, now.

ucfgrad93 · 11-07-2011, 09:22 AM

Quote:

Originally Posted by xg4bx

movie studios are demanding higher royalties, thats what all the price increases are. people who get angry at netflix or red box are just misinformed.

Agreed.

RainingLemur · 11-07-2011, 12:27 PM

While nobody likes price increases, if the ones pitching major fits knew the WHY behind the increases, they'd probably be a little more understanding. They still wouldn't be happy, but it may be a bit easier to take.

frahse · 11-07-2011, 12:51 PM

Quote:

Originally Posted by OtterBooks

Well that homeless guy sleeping next to the Redbox is getting a couple dimes less from me, now.

A hard otter are you!

11-02-2011, 05:28 PM	#1
SeaKing Frequent Flier Posts: 1,282 Karma: 2058993297 Join Date: Oct 2011 Device: KB kindle aboard, Galx Tab 7.0 Plus, trying out Droid 1 as mini-tab	Redbox - Video supplier price increase 20% I rented a movie last night (Tuesday) from Red-Box. "The Lost Future," one of those where man's science has created a disease that has destroyed civilization and the last of mankind is fighting blood thirsty zombie type creatures. (My kind of movie.) The price is now $1.20. [20 percent increase!] Netflix has raised their prices already. Will others including Amazon raise their prices? How will this impact on all these tablets and readers that can show movies?

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11-02-2011, 05:58 PM	#2
Penforhire Wizard Posts: 2,230 Karma: 7145404 Join Date: Nov 2007 Location: Southern California Device: Kindle Voyage & iPhone 7+	Oddly enough, they didn't raise their Blu-Ray prices (yet). And Netflix hasn't raised prices on their streaming-only plan (yet). I wouldn't make it into some sort of tidal apocalypse just yet. $1.20 is still a heck of a bargain for a DVD rental. The cost of driving to a Redbox is just as big a deal (IRS figures $0.51/mile in 2011!) if you're not shopping there anyway.

11-02-2011, 07:58 PM	#4
Kali Yuga Professional Contrarian Posts: 2,045 Karma: 3289631 Join Date: Mar 2009 Device: Kindle 4 No Touchie	IIRC Red Box announced the price increase in the last week, and their stock took a requisite hit.

11-03-2011, 12:47 AM	#6
OtterBooks Wizard Posts: 1,262 Karma: 2979086 Join Date: Nov 2010 Device: Kindle 4, iPad Mini/Retina	$1.20!? Now what am I gonna do?

11-03-2011, 08:57 AM	#8
Rob Lister Fanatic Posts: 532 Karma: 3293888 Join Date: Oct 2011 Location: Virginia Device: Nook Simple Touch	1.20 is ok. I rent about 3 a month from redbox. honestly, if it was 1.75 i'd still rent the same. my personal psychological price point for a impulse redbox movie rent is 1.97

11-05-2011, 09:21 PM	#10
xg4bx Are you gonna eat that? Posts: 1,633 Karma: 23215128 Join Date: Jun 2011 Location: Phillipsburg, NJ Device: Kindle 3, Nook STG	movie studios are demanding higher royalties, thats what all the price increases are. people who get angry at netflix or red box are just misinformed.

11-06-2011, 10:58 PM	#11
J. Strnad Guru Posts: 915 Karma: 3537194 Join Date: Feb 2009 Device: Kobo, Kindle 3, Paperwhite	xg4bx has it nailed. Costs are going up for all distribution channels because content providers have realized that these alternative channels are gaining popularity with the public. The money has to come from somewhere, so it comes down to the consumer to pony up.

11-06-2011, 11:50 PM	#12
OtterBooks Wizard Posts: 1,262 Karma: 2979086 Join Date: Nov 2010 Device: Kindle 4, iPad Mini/Retina	Well that homeless guy sleeping next to the Redbox is getting a couple dimes less from me, now.

11-07-2011, 12:27 PM	#14
RainingLemur Spork Connoisseur Posts: 2,355 Karma: 16780603 Join Date: Mar 2011 Device: Nook Color	While nobody likes price increases, if the ones pitching major fits knew the WHY behind the increases, they'd probably be a little more understanding. They still wouldn't be happy, but it may be a bit easier to take.