Monday, February 6, 2012

Redbox passes Netflix in DVD-Rental Business

It seemed that NetFlix cornered the market on the DVD rental business with their by mail DVD rental services. Now according to Deadline, Redbox has taken market share from rental stores to pass NetFlix.

The decline of Blockbuster can be somewhat attributed to the success of Netflix by taking 30% of the market share. It appears that Redbox is kicking them while they are down, by snatching up their business even further.

No comments:

Post a Comment

iPad, I'm Lovin' IT!