Redbox is raising its DVD rental prices by 25 percent in an effort to wring more revenue from the shrinking audience that still watches movies on discs rather than online.
Redbox and Verizon Communications plan to shut down their unprofitable online competitor to Netflix on Tuesday night.
In a challenge to instant video leader Netflix, telecom giant Verizon and rental group Redbox have launched a streaming video service for US customers.
(AP) -- A new Internet streaming venture built around Redbox's DVD-rental kiosks adds to a crowded field of online video-viewing services dominated by Netflix.
Challenging Netflix, phone company Verizon Communications Inc. says it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks.
(AP) -- Home video spending in the U.S. fell 2 percent to about $18 billion in 2011. A surge in the popularity of movie streaming services like Netflix Inc. and gains in Blu-ray disc sales helped offset some of the drop ...
Prepare to have your patience tested if you prefer to rent DVDs rather than buy them.
(AP) -- In a welcome relief for Hollywood, Americans are finally spending more on home videos.
(AP) -- Netflix is giving Redbox a golden opportunity to gain some ground.
(AP) -- Americans spent more money renting home movies than buying them in the second quarter, marking only the second time that's happened in the DVD era. The big switch in consumer behavior shows the rising popularity ...