Redbox, the popular $1-a-night DVD rental company, will start a subscription-based Internet streaming service, one that will directly rival Netflix.
President Mitch Lowe told analysts that the new subscription model will also give users a chance to still rent physical DVDs along with unlimited streaming.
Netflix reported last quarter that they moved to over 20 million subscribers, ... [ read the full article ]
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I think it has a shot. they have two things going for them. 1. there is not another competitor atm. and 2. They might offer different/additional movies that netflix does not yet have access to. I personally would subscribe to both and may the best one win!
I used to have the blockbuster plan with DVDs by mail and something like 5 or more in store movie exchanges per week( which I loved because you could get any movie). That being said, I switched to Netflix. It's cheaper, the DVDs only take one day to get mailed to me and the steaming is flawless on my PS3.
I truly believe they are wasting their time at Redbox. How can they compete with 20 million subscribers, especially when Netflix now has an unlimited streaming only plan for $7.99?
If Redbox is using Amazon as their streaming partner, why not just go with the new Amazon streaming service? What movies will Redbox offer that Amazon won't? Will Redbox be able to price its service any cheaper?
