Redbox Raises Its Prices To $1.20 Per Day 232
Posted
by
samzenpus
from the those-who-don't-know-history dept.
from the those-who-don't-know-history dept.
nixkuroi writes "Redbox, apparently not having noticed the backlash against Netflix, has decided to charge its customers 20% more per day. Though there will be a discounted grace period for the first day of rental until Nov. 30 2011, the full pricing increase will kick into effect on December 1."
Great, TFS is a troll (Score:5, Informative)
The price of everything else is up 20% in the past few years (other than salaries), so why not Redbox? Netflix raised their base price 60%, and fumbled with Qwickster - different story.
It would be great if the value of the dollar were stable, but it's not, so prices rise. Thanks, Helicopter Ben.
Re:Why it doesn't matter (Score:4, Informative)
Re:Why it doesn't matter (Score:2, Informative)
What will the market bear (Score:5, Informative)
Netflix customers would have had to pay two membership fees monthly with the new Qwikster arrangement, a 60% increase over the prior setup. The key here is that the "service" that customers were paying for and to which they were accustomed, was being substantially modified - into two new services.
Redbox is simply raising their price, by a marginal $0.20 per rental. For heavy renters, this may be significant over the course of a month. But for most normal renters, this increase is tolerable.
Even at one rental per day, the difference over a month is only $6. If this is too much for you, perhaps you shouldn't be renting 30 DVDs a month.