Redbox buys up its biggest rival -- Blockbuster Express. Redbox also streams with Verizon.

[Wesley McGee]

Redbox -- a division of Coinstar -- bought its biggest rival, Blockbuster Express. Blockbuster Express -- which is actually owned by NCR, after Blockbuster spun it off but before Blockbuster was bought in bankruptcy by Dish Networks -- probably couldn't compete with Redbox, even with "same day releases". Though getting the last laugh in the fight with Warner Bros may be worth the purchase price. (I'm assuming WB was giving Blockbuster Express same-day access, or at least only delaying releases to them by 28 days).

http://j.mp/xUmDAa

Also, Redbox is also planning an online video service with Verizon. I haven't read up on that deal yet, though.

http://www.youtube.com/watch?v=tp3xlcJHN8w


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Wesley McGee
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