Sunday, September 4, 2011

Red Box

Red Box
Netflix Red box is a great opportunity to gain some "of the earth.

Netflix, the largest subscription video service on the United States reached nearly 25 million subscribers in the U.S. this month with rate increases of 60 percent. The impact of price should Red box, which rents DVDs for $ 1 per day per kiosk, even more appealing to moviegoers.

"We are very aware of the value of the dollar," said Gary Cohen, Red box is senior vice president of marketing and consumer experience. "Red box on simplicity, comfort and value."

Price Netflix Inc. to make the competitors of the Blockbuster chain of video rental and others, including home entertainment, but nobody has a better chance of interference Wedbush Securities analyst Michael Pachter as Red box use.

This is because millions of people are expected to continue to pay for video services streaming Netflix is ​​broadband, but looking for other places to rent a DVD at an affordable price. Many people do not have to travel far before reaching the Red box kiosk, two-thirds of the U.S. population now lives in five minutes by car from one of his red cars, which are widely available at Wal- Mart, pharmacies, supermarkets and shops.

Netflix subscribers, has given no reason to depart further. Service has become a staple of families in recent years, the group rented a DVD streaming video Email unlimited Internet for a minimum of $ 10/month. Keep these two options to pay $ 16 a month from Netflix, according to the new price list. Netflix expects about 10 million customers to avoid higher prices, limiting their orders plan for $ 8 a month, which is constantly playing the last available on DVD and pay-per-view.

Pachter estimates that between 2 million and 3 million customers close their accounts and simply leave the service entirely protest against rising prices of Netflix.


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