Industry Analysis & Industry Trends
The industry is swiftly declining as technology replaces in-store rentals with online downloads and purchases. Competition from substitutes, such as cable TV and internet rentals, will continue to adversely affect industry operators, as they struggle to remain relevant in a changing market. However, as some companies diversify and begin to offer different services, industry operators may have an opportunity to grow... purchase to read more
Industry Report - Industry Products Chapter
Kiosk video rentals
Kiosk video rentals are expected to make up 49.2% of 2013 industry revenue. Redbox introduced DVD rental kiosks in 2007 with several locations and has expanded to over 35,800 locations in the United States in 2011. In 2011, DISH Network also rapidly introduced similar Blockbuster Express kiosks throughout the country before closing down operations in 2012. This segment is projected to continue increasing as a share of revenue over the next five years as cheap kiosk rental prices, convenient locations and low operating costs continue to benefit consumers and companies alike.
Subscription-based rentals revolutionized the industry early in the five years to 2013... purchase to read more