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Showing posts with label movie rentals. Show all posts
Showing posts with label movie rentals. Show all posts

January 9, 2012

August 5, 2011

The RedBox Growth Story :40 Rentals Per Second

Only days after reporting $363.9 million in quarterly revenue and $79 million in operating income, up 34% and 99% year-over-year, respectively, DVD kiosk company Redbox has released some more impressive figures. With more than 27,000 kiosks spread across the country, the Coinstar-owned service is now seeing an average of 55 million monthly rentals and up to 40 rentals per second.As of July 13, 2011 Redbox, which offers movies at $1 apiece for each night checked out, "now has more than 27,000 locations that are within a five minute drive of 60 percent of the U.S. population

Kiosks feature the company's signature red color and arched top surface, visible in the corporate logo, and are located across the United States at fast food restaurants, pharmacies, university campuses, grocery stores and convenience stores.According to Redbox, which released a handy infographic to boast of its growth, the company has seen more than 4.5 million iPhone app downloads and more than 2.1 million Android app downloads. Additionally, Redbox.com is now receiving nearly 9 million monthly unique visitors, while it also boasts 30.5 million newsletter subscribers and 2.7 million SMS subscribers. .

May 18, 2011