Extole turns regular customers into brand ambassadors, raises $10M
Nearly every company has a social presence these days, but personal recommendations are often a more powerful way to boost sales. If you’ve never heard about a company before, but your friend has, you’ll likely trust her opinion over that of a complete stranger. But keeping track of how much customer referrals really help your business can be hard, so Extole has created a way to track word-of-mouth marketing.
The service seeks to find and … Continue Reading
Verizon/Redbox video service will be subscription-based, offer a “competitive” content library
Top executives from Verizon and Redbox revealed more details about the new jointly-operated rental service announced earlier today.
The video rental service will allow people to access streaming video through Verizon, while also taking advantage of Redbox’s DVD and Blu-Ray rental Kiosks. The service will definitely operate under a subscription-based pricing model, but won’t give customers the option of choosing between a separate streaming or DVD/Blu-Ray subscription package, said Verizon SVP of consumer product management … Continue Reading
Verizon and Redbox join forces on new video rental service
Verizon and Redbox are teaming up on a new video rental service that will directly compete with Netflix, the companies announced in a joint statement today.
The new service will allow people to access streaming video through Verizon, while also taking advantage of Redbox’s DVD & Blu-ray rental Kiosks. At this point it’s unknown if both services will retain their own branding or forge a single brand to unify the service. However, we do know … Continue Reading
Redbox says no to 56-day delays on new Warner Bros. DVDs
Video-rental kiosk company Redbox is refusing a Warner Brothers request to make customers wait roughly two months before being able to rent a newly released WB movie on DVD, the company announced in a statement yesterday.
The statement is in direct response to contract agreement between the two companies that ended in February. In an effort to boost lagging DVD sales, film studio Warner Brothers decided earlier this month to delay all new releases from … Continue Reading
Redbox launches daily trivia-based discounts
Redbox, the dollar-a-day DVD rental kiosk company, has launched a new promotion where customers can earn discounts by partaking in movie trivia.
The trivia is powered by Scene It?, the popular multiplayer trivia game, and can earn you up to 50 cents off a single rental every day. That’s a 50% discount, assuming you reserved your DVD online before picking it up. (Otherwise it’s $1.20 now.)
You’ll be given 60 seconds to answer five questions, … Continue Reading
Want to rent a new Warner Brothers DVD via Netflix? Prepare to wait longer
In an effort to boost lagging DVD sales, film studio Warner Brothers has decided to delay all new releases from becoming available through many popular movie rental services.
This means you’ll have to wait 56 days after a new Warner Brothers DVD goes on sale before you can rent it through Netflix, Redbox and Blockbuster (see update below). Previously, all WB movies would become available 28 days after the DVD went on sale, but … Continue Reading
Redbox announces its most-rented movie of 2011
With 2011 in the bag, Coinstar-owned DVD rental company Redbox has revealed which movies were the most-rented, by genre, throughout all of last year.
If you’d like to watch the 5-minute video ceremony, complete with cheesy clip art (c’mon Redbox, you have billions of dollars!), you can do so here. Or I can just spoil everything for you:
Most Rented Action Movie: Green Hornet
Most Rented Family Movie: Rango
Most Rented Horror Movie: Insidious
Why a streaming movie service from Verizon & Redbox is bad news for Netflix
A Verizon streaming service has the potential to ruin Netflix’s domestic and international business aspirations — and quite possibly destroy the entire company.
On its own, Verizon doesn’t seem like a threat to other streaming video services. But now the cable company’s rumored streaming strategy includes a partnership with video-rental kiosk company Redbox, and the possible acquisition of an existing streaming video service.
When rumors of Verizon starting its own streaming movie service surfaced earlier … Continue Reading
Soaring RedBox lifts Coinstar profits, planning online streaming service
Video and game rental service RedBox is having a banner year, increasing the Q3 earnings of parent company Coinstar 90 percent, the company announced today in its earnings call.
Coinstar’s RedBox kiosks, located in grocery stores and other retail spots, offer inexpensive movie and video game rentals. The dollar-a-day pricing is part of its appeal, but Coinstar announced plans to raise prices on DVD rentals to $1.20 per day.
The company also plans to launch … Continue Reading
Redbox jumps into video game rentals
Redbox, which runs several kiosks in stores that let individuals rent movie DVDs at cheap rates, announced Thursday that it is introducing video game rentals to around 21,000 of its kiosks.
The company had announced in April that it planned to bring video games to its kiosks. The games are now available to rent. The vending machines will feature some of the most popular games available to consumers today, including games like Call of Duty: … Continue Reading
