Redbox Reaches 1.5 Billion DVD And Blu-ray Rentals

rated by 0 users
This post has 0 Replies | 0 Followers

Top 10 Contributor
Posts 25,873
Points 1,172,935
Joined: Sep 2007
ForumsAdministrator
News Posted: Mon, Aug 1 2011 10:54 AM
Redbox, the DVD rental box service that's sweeping the nation, has just reached 1.5 billion DVD and Blu-ray Disc rentals.

That's a pretty staggering number. The company launched their service in 2004, which means it only took 7 years to reach the milestone. Furthermore, they've also rented over 4 million video games during the period. 1.5 billion rentals x ~$1 each… well, that's not a bad stack of cash to have rolling in.


To celebrate, the company is launching 5000 more kiosks starting today, and with those in the rotation, they'll have a whopping 27,000 kiosks across the U.S. Any guesses as to how long it'll take for the company to hit the next 1.5 billion?
  • | Post Points: 5
Page 1 of 1 (1 items) | RSS