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Why Redbox Is Having Serious Problems


Since the advent of the VCR, movie rentals have been big business. Once upon a time, there were VHS rental stores all over the place. Then, most of them were supplanted by the behemoth that was Blockbuster Video. Blockbuster itself eventually faded into obscurity but now one of the companies that helped make that happen, Redbox, appears to be seeing the early stages of the cycle repeating itself once again, only this time it looks like they'll be the one going the way of the dodo. Outerwall, the parent company that owns Redbox, has announced that their revenue for the ...
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