Kiosk Operator Redbox Testing Price Increases

Netflix isn’t the only one to show that it’s feeling the increasing costs of acquiring content. The Coinstar-owned kiosk-operator Redbox is testing a price increase from $1.00 to $1.15 and $1.20 in Austin, Texas. It may be only a test. It has not yet raised the rates for Blu-ray discs and video games. Redbox recently renewed $150 million deal with Lionsgate and has renewals coming up with Sony Pictures Home Entertainment and Paramount Home Entertainment. Netflix’ price increase goes into effect September 1.

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