Originally Posted by mailiang Disc rentals are going down
while steaming is going up. Since Coin Star has invested in both, I figured it would be a good topic for discussion.
Actually Redbox rental revenues are up, profit is down because:
The drop came despite an 8.4% jump in revenue year-over-year ($564 million vs. $520 million). Coinstar said the drop in profit was due to operating results from kiosks acquired as part of its $100 million acquisition of NCR Corp.’s entertainment division, which included 10,000 kiosks previously operating under the Blockbuster Express brand.