There is a blog dedicated to the Redbox DVD rental kiosks: Inside Redbox.
Interesting tidbits from the site:
1 million DVDs are rented each month through Redbox kiosks at McDonald’s in the United States. The new "Arch Card" will work for food and DVD rentals. Redbox kiosks have been installed at more than 700 locations. There are a number of promo codes for a free rental ($1 value).
From the Redbox site: "At Redbox, there is no such thing as a late fee. Each night you enjoy the DVD is only an additional $1.00. + tax." Hmm... I thought that this was called a "late fee."
Well, Netflix doesn't call them late fees either. But they can easily be calculated for Netflix as well:
http://netflix.frogcircus.org/
The daily late fee at Netflix is $0.28 per day for 3-8 out plans, $0.35 per day for the 2 out plan, and $0.46 per day for the 1 out plan.
In all cases, it is significantly lower than Redbox.
For that matter, with quick turnaround times a single movie from Netflix costs $0.84 per DVD with the 3-8 out plans, $1.05 per DVD with the 2 out plan, and $1.38 per DVD for the 1 out plan.
Posted by: Charles | January 25, 2006 at 07:47 AM
I'd call that a per diem - like renting a plumber's snake or pnuematic finish nailer from you local home rental place.
Posted by: | January 25, 2006 at 07:52 AM
I don't get $0.28. $18 for 3 disks is $6 per disk per month. $6 over 30 days in a month works out to $0.20 a day per disk.
Posted by: | January 25, 2006 at 07:55 AM
I think that in order to have a late fee you need to have a due date. You need to have a due date because you need to have some beginning point for being late. It's all semantics, but I think Redbox is in the right. Blockbuster could (should?) have abolished late fees with a similar system.
Posted by: Aron | January 25, 2006 at 09:04 AM
I agree, the Redbox system is just a "per diem" calculation. What I like about the Redbox is that it is an extremely simple model. Where else are going to find a new release in town for $1?
Also, I find that the movies I want are nearly always available. No such thing as "Long wait" or "Very long wait"...
Then, you throw in the Redbox promo codes and you can easily get movies in the 50 cents or less range.
If you are nearby a Redbox, definitely visit my site and get yourself a free rental. I think you will be hooked!
Michael
http://www.insideredbox.com
Posted by: Redbox codes | January 25, 2006 at 07:16 PM
why is it that when i rented a redbox movie, it wouldnt work on my computer??? (my only means of watching a movie at the time)????
Posted by: terri | November 26, 2007 at 01:33 AM
I do notlike the terms and condition of redbox. the surcharges
Posted by: manuel | April 03, 2009 at 02:57 PM
This industry is going to evolve rapidly & only the big boys are going to be able to keep up. I am talking about DVD Kiosk that will burn a DVD in 20 seconds and hold 30,000 DVD Titles. Its coming stay tuned! Read all about it www.dvdkioskfranchise.com
Posted by: DVD Kiosk Guy | November 17, 2009 at 10:36 PM
One dollar is not a late fee no company can afford free movies so either pay a dollar when most movies now a days are only worth a dollar or go buy it for 15 or rent it for more
Posted by: s | July 10, 2010 at 05:19 PM