Friday, August 14, 2009

Studios want share of Redbox receipts

In a move seemingly ripped from a WWII script, film studios honchos have declared war on the owners of the ultra-convenient, and ultra-cheap Redbox movie rental kiosks.
New movie DVDs can be rented overnight from Redbox for just $1, compared to $5 at a Blockbuster store.

The difference: Blockbuster gives a cut of their dough to movie studios and Redbox does not.

You can read the CNN story for more details.

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