Filed under: Technology, Media, Netflix
The buck stops here at Redbox. Renting a DVD from one of the shiny disc-spewing kiosks will set you back $1.20 a night starting this week, up from the round $1 price point that Redbox parent Coinstar (CSTR) has been promoting for years. Hiking its DVD rental rates by 20% is a gutsy call. It comes on the heels of Netflix (NFLX) facing 800,000 net domestic cancellations in its latest quarter after a poorly received move to begin charging subscribers on its unlimited DVD plans for streaming --...Is Redbox Dumber Than Netflix? originally appeared on DailyFinance.com on 2011-11-01T08:00:00Z.
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