Triverse writes, "Additional bits of information that can be gleaned from the press release, that Redbox Instant by Verizon made available, includes some hardware that we can expect to see an App of some sort made available for. Namely, LG Smart TV and Blu-ray Players, Samsung Blu-ray Players and Televisions with SmartHub(TM), iOS (a given) and Android (again, a given). What is mysteriously left out here is consoles of any kind – no mention of Xbox 360, Playstation 3 or either the Nintendo Wii or Wii U which recently launched and is setting sales records. Could these unmentioned platforms be in the planning stages or are they waiting for official approval by the manufacturers before making public any support for any particular console?"
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If RedBox can charge $1.20 for a 1 day rental and make a profit why do companies like VuDu charge $3.99?
If I could rent on VuDu on my Xbox 360 for say $2 (or less), I would much rather do that than drive to a Red Box.
The reason I say $1.99 because I know red box makes extra cash off people that bring their DVD in a day late. But red box also has a higher operating cost: Cost of kiosk, cost to load them with dvds, cost to pay someone to change the ads on them, cost for damaged disc, cost to pay location to have kiosk there etc.
So the companies wanted Redbox to raise prices and pay more for the movie. Redbox said no, and now they are stuck waiting. I believe Sony and Disney have agreements again.
If you ask me, other companies are stuck in the same situation. They lower prices and it will be against the rules and they get in trouble. It's the only reason why I can see EVERY single digital company offering things at the same exact prices....
You have to remember places like PSN get their prices from the companies, they don't price it themselves.