5/29/2023 0 Comments Gods not dead 2 redbox![]() With 44,000 kiosks in 36,000 locations as of early June, Redbox accounted for half of the DVD rental market, according to Outerwall CFO Galen C. People may move in droves to Netflix (NASDAQ:NFLX) and away from cable providers so they can stream movies and binge watch TV shows whenever they want without any commercials, but Redbox is proving plenty of people still go for renting a disc and taking it home. ![]() The Illinois-based Outerwall (NASDAQ:OUTR) subsidiary hasn’t even come close to giving up on its ventures centered around real, palpable, hard-copies of movies and video games that it makes available for rent through its Redbox kiosks. ![]() While technology trends toward cord-cutting, cloud-based technology, digital copies, and everything - files, software, and even hardware elements - existing beyond consumers’ physical reach, Redbox seems to be defying the trends and succeedingly so.
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