Will Redbox pull a Netflix with its price hike?
Et tu, Redbox? Coinstar, owner of the Redbox service, is raising DVD rental fees by 20 percent, due to an increase in operating expenses. Let's see if this stirs a Netflix-like outcry.
Netflix's decision over the summer to increase prices for those who had both streaming and DVD-rental plans was met with intense anger from subscribers. Those customers, who were previously paying $9.99 per month for DVD rentals and streaming, are now forced to pay $15.98 per month for the same level of service.
As soon as the price hike was announced, many subscribers loudly declared … Read more