Redbox Automated Retail LLC is a video rental company based in the United States and Canada. It specializes in 4K UHD, Blu-ray, and DVD rentals. It also used to offer video games via automated retail kiosks.
Most of the company’s kiosks can be identified by their signature red color. They are mostly found in grocery stores, fast food restaurants, pharmacies, mass retailers, and convenience stores. As of 2012, there were more than 42,000 Redbox kiosks in about 34,000 locations worldwide. The company had a 51.8% physical rental market share by 2016.
What time does Redbox open?
| Monday | 24 Hours |
| Tuesday | 24 Hours |
| Wednesday | 24 Hours |
| Thursday | 24 Hours |
| Friday | 24 Hours |
| Saturday | 24 Hours |
| Sunday | 24 Hours |
Is Redbox open today? Is Redbox open tomorrow?
Is ValRedbox open on Sunday? Yes, it is open
Redbox closing time
What time does Redbox close? It operates 24 hours
History
Redbox Automated Retail LLC was established by the Corporation business development team at McDonald’s. Kiosks originally operated under the name Ticktok Easy Shop and sold convenience store products until 2003.
Gregg Kaplan took up the kiosks in 2004 and decided to rent out DVDs. Unlike other similar businesses, McDonald’s offered a return policy that allowed customers to return rented DVDs to any kiosk. In 2005, McDonald’s sold Redbox to Coinstar in 2005 for $32 million. In 2009, Coinstar bought the remaining part for between $169 and $176 million.
Redbox then moved to retail locations and placed kiosks within and outside supermarkets. By 2007, it had surpassed Blockbuster in its number of locations. It passed 1 billion rentals in 2010. The company’s current competitors include Blockbuster, Netflix, Hollywood Video, Family Video, West Coast Video, and Movie Gallery.
In 2003, Mitch Lowe joined Redbox, and became the Chief Operating Officer in 2005. Lowe had prior experience with the business as he operated Video Droid, a video rental company that ran from 1982 to 1997. Lowe became president at Redbox in 2009.
The same year, 20th Century Fox, Universal Studios and Warner Bros decided to only sell DVDs to Redbox 28 days after their arrival in stores. The three companies were concerned that the growth of DVD kiosks would jeopardize their incomes. Redbox filed lawsuits against the companies. An agreement was entered on April 22, 2010 in which Redbox agreed to provide rental films from the studios 28 days after their first home-video releases.
In July of the same year, Redbox started renting out Blu-ray movies from 13,000 of its kiosks nationwide. The company started testing video game rentals in Nevada, Florida, Wisconsin, Texas, North Carolina, and Oregon in October. Video games from all major platforms were available countrywide in June 2011. This was, however, halted in 2019.
Redbox Holiday Hours – Open
| Date | Holiday |
|---|---|
| January 21 | Martin Luther King Jr. Day |
| February 14 | Valentine’s Day |
| February 18 | President’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 21 | Easter Sunday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| May 27 | Memorial Day |
| July 04 | Independence Day |
| September 02 | Labor Day |
| June 16 | Father’s Day |
| May 12 | Mother’s Day |
| October 14 | Columbus Day |
| October 31 | Halloween |
| November 11 | Veterans Day |
| November 28 | Thanksgiving Day |
| November 29 | Black Friday |
| December 24 | Christmas Eve |
| December 25 | Christmas Day |
| December 26 | Day after Christmas |
| January 01 | New Year’s Day |
| December 31 | New Year’s Eve |
Redbox near me
Redbox locator
Business Directions
In an industry that’s already dominated by GameFly and Netflix, Redbox rents DVD, Blu-ray discs and video games through its kiosks which are located in major retail outlets. Customers are able to rent out a movie for $1.20 a night and $2 for games. No membership is required and customers incur no fees if they return the movies and games late.
Key Facts
Redbox runs a video on demand service called Redbox Free Live TV. It was launched in early February 2020 and became available nationwide on February 18. Content is availed to viewers in partnership with Lionsgate, Comedy Dynamics, FilmRise and other major content providers.
Conclusion
With its rich history of being a leading rental company for DVDs, Blu-ray discs and video games; Redbox has stood the test of time. It competes well against major content providers such as Netflix and Amazon.
FAQ
Does anyone use Redbox anymore?
Redbox still operates around 40,000 disc-rental kiosks across the outlets of nearly 150 U.S. retail partners. It over-indexes in lower population density markets with lower costs of living (see the graphic from the company presentation below).
Is Redbox on the decline?
Despite the momentum, Covid-19 hit Redbox hard in 2020. Total revenue declined 34% in 2020 compared with 2019, from $829 million to $546 million. With production frozen across Hollywood for months, there was a major slowdown in new titles landing on Redbox, especially in the second half of the year.
Does Redbox still rent DVD?
Rent or Own on DVD, Blu-Ray, 4K, OnDemand, Free Live TV. Redbox.
How can I get Redbox for free?
Go to redbox.com/stream-free-live-tv on your web browser of choice.
Why is Redbox failing?
But Redbox ultimately found itself on the wrong side of video history as consumers moved away from physical media. The company reported $546 million in revenue for 2020, down 34% year over year, a decline that the company attributed in part to the much slower pace of new film releases during the COVID-19 pandemic.
Which is better Redbox or Netflix?
Netflix has way more titles than Redbox. It’s said they have more than 100,000 titles on DVD and Blu-ray, so you can easily rent that hard-to-find movie you’d like to see again. Plus they have TV shows in their title library, which is something Redbox doesn’t have.
How does Redbox make money?
The company gets revenue from the fees charged to rent or purchase a movie, including the roughly $2 a night that customers are charged to rent, plus late fees if they don’t return it by 9 pm the next day.
Why is Redbox streaming more expensive?
They have servers to host the content, digital media licensing fees, the cost of upstream bandwidth necessary to stream video, etc. Those costs could actually be greater than the costs that Redbox faces for maintaining its kiosks.
Who bought out Redbox?
Redbox to Be Acquired in $375 Million Deal by Chicken Soup for the Soul Entertainment.
When did Netflix stop mailing DVDs?
It seemed to have put the final nail in the video store’s coffin; DVD-by-mail would be the present and the future. But also in 2011, Netflix spun off its DVD selection from its primary platform, eventually establishing streaming on demand as the status quo.
Who owns Redbox?
Redbox’s majority owner, Apollo Global Management APO -3.6% , which acquired the company as part of its purchase of Outerwall Inc. for $1.6 billion in 2016, will own approximately 15% of the Chicken Soup after the transaction is completed.
What happens if you don’t return a Redbox DVD?
If you don’t return all your discs from a kiosk visit, you’ll be charged for them at the end of the maximum rental period(s) for whatever you didn’t return (or when you return another disc from that kiosk visit, whichever happens later).
Do you need an account to use Redbox?
There are no memberships. Just put in your card to pay at the Redbox.
Do you need a credit card for Redbox?
The simple answer to your question is to use either a regular debit card or a prepaid debit card. Moreover, one can also use his or her mobile wallet for the same. Generally, Redbox kiosks accept payment through MasterCard, VISA, American Express, or Discover credit cards.
Is Redbox safe to use?
According to the company, a simple soap-and-water mixture is safe to use along with a soft cloth — not paper towels. CDC-recommended rubbing alcohol and alcohol-based wipes can be used too, and Redbox suggests wiping from the center outward to avoid scratching the discs.
Is Redbox going digital?
Go to redbox.com and browse DIGITAL MOVIES. Rent or buy a movie. Click Watch Now. You’ll find it in My Library if you want to see it later.
How has Redbox changed?
Redbox, the company best known for its movie vending machines, is officially ditching its video game rental and sales business. The company has effectively stopped offering video games for rent through its red kiosks, but game sales will continue for a little while longer.
Does Redbox have a monthly subscription?
Redbox Instant has three pricing tiers, at $6, $8, and $9 a month. For $6, you get access to streaming only, from a fairly limited library of content — more on that later. The $8 plan gives you unlimited streaming plus four kiosk rentals a month.
Is Redbox and Netflix owned by the same company?
In 2005, Coinstar bought 47% of the company for $32 million, after unsuccessful attempts to sell half the company to Blockbuster and Netflix. In early 2008, Coinstar exercised an option to increase its share from 47% to 51%.
Is Redbox connected to Netflix?
And Redbox Instant will be limited to use on computers, internet-connected Blu-Ray players, and internet-enabled TVs; video game consoles such as the Playstation 3 or the Xbox 360, which are compatible with Netflix’s streaming service, are not an option.
