This is the future all things self Serve
02 / 07 / 2012
If you thought Coinstar was
through making industry rattling announcements today, you were wrong. After
taking the wraps off its joint venture with Verizon, now the company has announced it'll be taking over NCR's entertainment
division for $100 million. That includes DVD kiosks, retailer contracts and an
inventory of discs for stocking the machines. That's big news not only because
it expands Redbox's already sizable self-serve rental empire, but because it's doing so at the expense
of the floundering Blockbuster, since NCR owns the blue and yellow rental kiosks. Presumably existing Blockbuster Express installations will become Redboxes, though, how quickly that might
happen is unclear. For a few more details about the deal check out the PR after
the break.
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