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Call it Deadbox. In another nail in the coffin of physical media, Redbox is shutting down after more than two decades of serving up DVD rentals from thousands of kiosks across the U.S. Redbox’s ...
A rental DVD is dispensed from a Redbox, a $1-per-night DVD movie rental kiosk, at a 7-Eleven in Silver Lake area in 2009. (Lindsey Besecker)
Redbox Automated Retail LLC was initially developed in Chicago as a part of “Project 361”, a McDonald's business expansion initiative. John Sexton Abrams, a strategy executive at McDonald's, designed the original concept as an immersive kiosk leveraging McDonald's product supply chain and geographic footprint to provide 24/7 access to fresh dairy and other products.
Another sign that the issue isn't just a bad few months of movies is that Outerwall now expects to close out the year with as many as 700 fewer Redbox kiosks in operation in the U.S. market.
The Redbox DVD kiosks at Sacramento locations including the Safeway grocery store at 1814 19th St. and CVS at 3710 Franklin Blvd. both had “out of service” messages on their screen Thursday.
The mall would originally have been built at Sawmill Road and 161, but it did not happen and the site ultimately became Sun Center in 1994. The mall opened on July 11, 1997 with Sears, Lazarus, Marshall Field's, and JCPenney as anchor stores.
Redbox kiosks are the most "old school" way to sell DVDs. Unlike Netflix (NFLX), which markets DVDs through the mail, or Amazon (AMZN) and cable companies, which offer VOD, Redbox has kiosks.
DVDXpress was a media company that owned and operated a network of DVD rental kiosks in supermarket locations across North America. The company was the second largest player in the DVD kiosk sector after Redbox, and was founded in 2001 by entrepreneurs Greg Meyer and Jason Tanzer as a way to fill the need for a more efficient and cost-effective method to provide DVD rentals in existing retail ...