BLOCKBUSTER bankruptcy rumor AND $1 RENTALS AT Walmart are very popular with Red Box

[HDTV1080P]

Both BlockBuster and Netflix are great places to rent BLU-RAY movies. Today Blockbusters stock plunged 77% to 22 cents on a bankruptcy rumor. Hopefully Blockbuster does not go under like Movie Gallery did. Then consumers would just have Hollywood Video and Netflix to choose from.

I have read the $1 BLU-RAY and DVD rentals at Walmart are very popular. I know www.redbox.com has over 12,000 locations with many Walmarts carrying the automated machines.

http://blogs.moneycentral.msn.com/to...%20blockbuster


http://www.marketwatch.com/News/Stor...&siteid=yhoof2

Coinstar buys out Redbox, will test higher Blu-ray rental prices

http://www.engadgethd.com/2009/02/18...rental-prices/

[xtop]

i've never seen a redbox at a walmart. is that popular in other parts of the country?

[HDTV1080P]

Originally Posted by xtop

i've never seen a redbox at a walmart. is that popular in other parts of the country?

Click on this link for the closes location to you.
http://www.redbox.com/Locations/KioskSearch.aspx

I have not used them yet but you can reserve your movies online and then pick them up at a Walmart automated machine or other store that has the automated machine. They are not located in every city yet and perhaps some states do not have them yet.

[xtop]

Originally Posted by HDTV1080P

Click on this link for the closes location to you.
http://www.redbox.com/Locations/KioskSearch.aspx

i know where they are around me. just saying..i've never seen one at a walmart anywhere in ohio. is that a popular thing across the rest of the country?

[HDTV1080P]

Originally Posted by xtop

i know where they are around me. just saying..i've never seen one at a walmart anywhere in ohio. is that a popular thing across the rest of the country?

I do not know how many states they are located in. They only have 12,000 locations nationwide. Sorry I do not have enough details. The BLU-RAY rentals for a $1 might go up in price in the future.

[AU6294TX]

Here in Alabama and Georgia, they seem to be all over. When I worked at Blockbuster about 3 years ago, we were always told it was a possibly of bankruptcy. SO it would not surprise me.

[fatediesel]

Both the Wal-Marts in my area have Redbox, as well as 2 grocery stores and a Walgreens. I would gladly pay $2.00 if they'd carry Blu-rays in my area. It is nice to reserve it online and then just swipe your credit card to pick it up.

[Septimus Prime]

I see Redbox machines in supermarkets all the time, but I never see them stocking BDs.

[xtop]

Originally Posted by Septimus Prime

I see Redbox machines in supermarkets all the time, but I never see them stocking BDs.

yeah thats where they're located around me. grocery stores and gas stations. none of them have blu-rays tho.

but yea..i posted the price raise in here awhile back...nobody seemed to mind lol

[aheineken]

Originally Posted by xtop

i know where they are around me. just saying..i've never seen one at a walmart anywhere in ohio. is that a popular thing across the rest of the country?

Same here (I'm about 30 miles from you), but every Giant Eagle and several gas stations have them. They're all DVD though.

[Chevypower]

All good to have Netflix, Redbox etc. But this is the downside. A lot less employment. The ripple effect is surrounding businesses suffer and its bad for the economy. Our local Blockbuster is gone. Same could be said with Amazon taking business away from Circuit City and other places. Thats fewer people to come in and spend money at my business. So i am not convinced the lower monetary price is worth the other cost.

[BluOgre]

FYI, Movie Gallery owns the Hollywood stores.

I work for Blockbuster (not corporate) so I'm not going to speculate on rumors of bankruptcy. However I will say this, if they do file for chapter 11 Blockbuster is going to be fine. Remember chapter 11 =/= chapter 7 (which is what happened to Circuit City). Blockbuster just has a lot of debt right now, that's the problem.

Movie Gallery filed for chapter 11 last year and climbed out of it....that's why you still have Hollywood/Movie Gallery stores still around.

Jan and Feb has some of the worst titles I've ever seen before. If you include the economy mess with the rising popularity of vending machines, yes if you have a lot of debt you're going to be in trouble. Blockbuster could easily combat the vending machines by putting their own in locations. Heck make a deal with Best Buy and Target lol. There are options to fight back, I'm not sure what they are going to do though.

[billypoe]

Thank you, God, for NETFLIX

[richard lichtenfelt]

All 3 Walmarts around my house have 2 Redbox's in them. Most of the McDonald's and a Walgreens near me have 1.

If Blockbuster keeps charging $5 a movie their going bankrupt seems inevitable to me.
They're not even trying to compete monetarily, and I think their strategy is insane.

[foots]

Originally Posted by richard lichtenfelt

If Blockbuster keeps charging $5 a movie their going bankrupt seems inevitable to me.
They're not even trying to compete monetarily, and I think their strategy is insane.

The Blockbuster near me has the option to pay daily. It is $1.99 a day for new releases and $0.99 a day for catalog titles.

Originally Posted by billypoe

Thank you, God, for NETFLIX

If Blockbuster goes under you can bet on Netflix rate increases.



All that said I really wish Blockbuster would pull their head out of their *** and get it together. They still don't seem to have a direction. They seem to want to do all these different things instead of doing a few things well. There are test stores around me that have a mini convenience store in the middle of the floor plan complete with slushy machine. Another store has a separate room that sells electronics at extremely high prices and has all three game consoles set up for kids to play. Another has kiosks in the center of the store that no one ever uses.... I don't even know what they do. Another store is now selling concert tickets.....

The only thing they seem to do well is piss off customers. I don't understand how they think it is a good idea (given their history with late fees) to offer a program (Total Access) with incredible value to attract customers knowing that it won't be profitable. Then slowly they remove value from it until it becomes profitable (theoretically) which only pisses off the loyal customers they do have. How is that a good business model? It would be like Sony using firmware updates to remove features from the PS3.

Sorry for the rant. They have once again downgraded the Total Access plan. To add salt to the wound they are promoting it as if they are adding value to the plan. You have to read the very last paragraph to see that your in-store exchanges are now counted as part of the movies you can have out at a time.

[broganreynik]

Originally Posted by foots

Sorry for the rant. They have once again downgraded the Total Access plan. To add salt to the wound they are promoting it as if they are adding value to the plan. You have to read the very last paragraph to see that your in-store exchanges are now counted as part of the movies you can have out at a time.

I wasn't even informed of the new terms, and when I contacted them they said everyone received an e-mail, which I didn't, the only way I knew was because of the store. And then they said "if you return your in store rentals within one to two days, you will receive the same amount of movie rentals". How the hell does that work? In that time, I could've had another one sent to me and watched.

[Minimejer05]

My Wal Mart does not have a Redbox.

[OrlandoEastwood]

There was a cheap ass version of Redbox called Ohana Flix which came out in Hawaii about two years ago. They were originally charging $2 to rent a movie but eventually dropped the price down to a $1. Back in 2007 when they first started and right when I got my first credit card I decided to try them out and see how they are; HORRIBLE! Every DVD I rented was scratched deep to $#!t and I realized this because in the middle where the hole is at, this little chip was placed and severely throws off the balance of the disc and scratches it all up. I had rented about 5 times before I gave up. They had also given me two free rental which I was charged $46 because there was a systems error and it did not register that I returned them. They were all "really sorry" that it had happened and to this day when I see those machines, it is a sad realization that robots are going to replace employees who have brains.

[Tarek]

LETS JUST SAY THE BLOCKBUSTER COMPANY ARE ALL A BUNCH OF SCHMUCKS AND CAN BURN IN HELL FROM NOW TILL ETERNITY G **** URSELF BLOCKBUSTER

[Xerios]

theres 7 red boxes within 10 miles of my house! i just checked..