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fan_from_texas
Posts: 2,693
Dec 30, 2011 12:35pm
That extra 20 cents each time I rent a DVD is really starting to cramp my style. Price-gougers. We need the gubmint to step in and do something about this. All those actors making millions, while good, hard-working people of America are struggling to make ends meet!
(my apologies to http://www.ohiochatter.com/forum/showthread.php?31336-Get-ready-for-4-ga)
(my apologies to http://www.ohiochatter.com/forum/showthread.php?31336-Get-ready-for-4-ga)
Fab4Runner
Posts: 6,196
Dec 30, 2011 12:36pm
Haha my sister actually commented on this last week. She wasn't actually mad...just surprised when she rented her movie.
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thavoice
Posts: 14,376
Dec 30, 2011 12:36pm
20% increase?
Wow.
Eh...still a little more convenient than regular video stores, and can be cheaper too.
Wow.
Eh...still a little more convenient than regular video stores, and can be cheaper too.
sleeper
Posts: 27,879
Dec 30, 2011 12:40pm
I don't use Redbox, never will either.
However, I feel the $1 pricing point was the big draw. $.20 isn't much, hell if anyone rents from redbox and wants me to pay the .20 each time they use it send me a PM and I'll reimburse. I'm more worried about the loss in revenue from people not having the .20 in change lying around, unless you can pay by CC.
However, I feel the $1 pricing point was the big draw. $.20 isn't much, hell if anyone rents from redbox and wants me to pay the .20 each time they use it send me a PM and I'll reimburse. I'm more worried about the loss in revenue from people not having the .20 in change lying around, unless you can pay by CC.
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fan_from_texas
Posts: 2,693
Dec 30, 2011 12:42pm
My understanding is that the increase comes from Dodd-Frank, which makes it more difficult and expensive for companies to process super-cheap transactions. So the increased regulation of Wall Street called for by the OWS types now result in a 20% hike on Redbox prices. Similarly, convenience store prices are expected to go up, too.thavoice;1031375 wrote:20% increase?
Wow.
Eh...still a little more convenient than regular video stores, and can be cheaper too.
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thavoice
Posts: 14,376
Dec 30, 2011 12:44pm
Thanks for the explanation.
So, in retard terms, do you mean that costs for transactions for debit/credit cards went up?
So, in retard terms, do you mean that costs for transactions for debit/credit cards went up?
pmoney25
Posts: 1,787
Dec 30, 2011 12:47pm
It is only by credit card that you can pay. I like Redbox, There is one probably a mile from my house. Makes it easy to rent movies, usually always have movies I want to see in because where I live is not a high traffic area really. Pretty good idea because harldy anyone returns movies the next day. I have three or four that I forgot about and ended up having to buy.
I honestly don't know how Blockbuster is staying in business. I know they do get some new releases before Redbox or Netflix and I am sure that helps some but I would surprised if Blockbuster is around in 5 years. Two near my house have closed within the last year.
I use Netflix Streaming right now along with RedBox, I cant wait for the day when they actually start getting new movies when they are released on DVD. Hopefully happens soon.
I honestly don't know how Blockbuster is staying in business. I know they do get some new releases before Redbox or Netflix and I am sure that helps some but I would surprised if Blockbuster is around in 5 years. Two near my house have closed within the last year.
I use Netflix Streaming right now along with RedBox, I cant wait for the day when they actually start getting new movies when they are released on DVD. Hopefully happens soon.
Ironman92
Posts: 49,363
Dec 30, 2011 12:52pm
I've never used Red Box....helps me afford gas.
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thavoice
Posts: 14,376
Dec 30, 2011 12:53pm
IVe seen a few blockbuster units like redbox around.pmoney25;1031388 wrote:It is only by credit card that you can pay. I like Redbox, There is one probably a mile from my house. Makes it easy to rent movies, usually always have movies I want to see in because where I live is not a high traffic area really. Pretty good idea because harldy anyone returns movies the next day. I have three or four that I forgot about and ended up having to buy.
I honestly don't know how Blockbuster is staying in business. I know they do get some new releases before Redbox or Netflix and I am sure that helps some but I would surprised if Blockbuster is around in 5 years. Two near my house have closed within the last year.
I use Netflix Streaming right now along with RedBox, I cant wait for the day when they actually start getting new movies when they are released on DVD. Hopefully happens soon.
FatHobbit
Posts: 8,651
Dec 30, 2011 1:15pm
Love red box. There's one on my way home from work. .20 won't make much of a difference to me.
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fan_from_texas
Posts: 2,693
Dec 30, 2011 2:18pm
Yes, that's pretty much it. If a company has to pay a flat X cents for each transaction, and then the cost goes up Y cents, the flat fee increase makes a bigger difference for low-margin items. Redbox has to increase their prices by 20% just to be back to where they were before the changes. It's a little ironic that regulatory actions taken to protect the poor from evil Wall Street will disproportionately hurt . . . the poor (or at least those who buy low-margin items).thavoice;1031387 wrote:Thanks for the explanation.
So, in retard terms, do you mean that costs for transactions for debit/credit cards went up?
Glory Days
Posts: 7,809
Dec 30, 2011 3:05pm
I'd be surprised if Netflix survives also. Until they start streaming good movies, it wont be any good. I havent found a movie worth watching in months. its great if you want B movies streamed, other than that, goodluck.pmoney25;1031388 wrote:It is only by credit card that you can pay. I like Redbox, There is one probably a mile from my house. Makes it easy to rent movies, usually always have movies I want to see in because where I live is not a high traffic area really. Pretty good idea because harldy anyone returns movies the next day. I have three or four that I forgot about and ended up having to buy.
I honestly don't know how Blockbuster is staying in business. I know they do get some new releases before Redbox or Netflix and I am sure that helps some but I would surprised if Blockbuster is around in 5 years. Two near my house have closed within the last year.
I use Netflix Streaming right now along with RedBox, I cant wait for the day when they actually start getting new movies when they are released on DVD. Hopefully happens soon.
THE4RINGZ
Posts: 16,816
Dec 30, 2011 3:08pm
The Redbox is for poor people.
THE4RINGZ
Posts: 16,816
Dec 30, 2011 3:10pm
On a related note, I drove past an old grocery store that has been for sale for 3-4 years, I see last week that a Family Video store has purchased the building and is opening up there. Really? I thought walk in video rental stores were a thing of the past, especially given the location of this one which is maybe a block and a half from a Blockbuster store which every time I drive by there it is a ghost town.
FatHobbit
Posts: 8,651
Dec 30, 2011 3:12pm
I must be poor as hell then!THE4RINGZ;1031540 wrote:The Redbox is for poor people.
But if I want to take my wife and kid to the movies it will cost $30. (Assuming we sneak some food and drinks in) If we're a little patient we can watch movies at home for $1.20. And then I can afford to buy gas for the week. 
THE4RINGZ
Posts: 16,816
Dec 30, 2011 3:18pm
I believe you missed the point of my post.FatHobbit;1031545 wrote:I must be poor as hell then!
FatHobbit
Posts: 8,651
Dec 30, 2011 3:22pm
Not entirelyTHE4RINGZ;1031552 wrote:I believe you missed the point of my post.
wes_mantooth
Posts: 17,977
Dec 30, 2011 4:02pm
I steal my movies.
Hope this helps
Hope this helps
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thavoice
Posts: 14,376
Dec 30, 2011 4:06pm
Had alot of time to kill the other day an we went to a family video. That place was hopping. Hadnt been in a walk in video store in many years and I was surprised. OF course they had new releases that were a couple of bucks but it seemed like the whole store was full of movies for a dollar and ya got to keep them for like 5 nights. We walked out with 6 videos for 6 bucks and got to keep them for 5 days. Wasnt too bad of a deal and alot more selection than a redbox.THE4RINGZ;1031544 wrote:On a related note, I drove past an old grocery store that has been for sale for 3-4 years, I see last week that a Family Video store has purchased the building and is opening up there. Really? I thought walk in video rental stores were a thing of the past, especially given the location of this one which is maybe a block and a half from a Blockbuster store which every time I drive by there it is a ghost town.
WHen I think of blockbuster, and I think it is a common to many, I think of expensive movies to rent. It may not be that way inside, but that is the first thought that comes into my mind.
GoChiefs
Posts: 16,754
Dec 30, 2011 4:25pm
It's assholes like you that are turning the movie industry to shit!wes_mantooth;1031606 wrote:I steal my movies.
Hope this helps
ManO'War
Posts: 1,420
Dec 30, 2011 4:35pm
I think if America started to make our own movies the price of renting DVD's would come down......
Film, baby, film!
Film, baby, film!
sleeper
Posts: 27,879
Dec 30, 2011 5:12pm
Agreed. $10 a ticket + food/drinks is way too expensive. I haven't been to a movie in years because its not worth it. I think the last movie I saw in the theaters was Avatar and I regretted every second of it.FatHobbit;1031545 wrote:I must be poor as hell then!
ManO'War
Posts: 1,420
Dec 30, 2011 5:20pm
If you had a Smartphone you could watch it on that! 
redstreak one
Posts: 1,152
Dec 30, 2011 6:23pm
Go to redbox.com rentals are a dollar if you pay online and pick it up. Im must be poor also, use redbox often.
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fan_from_texas
Posts: 2,693
Dec 30, 2011 6:57pm
+1ManO'War;1031635 wrote:I think if America started to make our own movies the price of renting DVD's would come down......
Film, baby, film!