Coinstar’s (NASDAQ: CSTR) division Redbox held more of the DVD market in the US during 2011 than Netflix (NASDAQ: NFLX) did. The argument can be made that the top spot is worth little. More and more customers are moving to video streaming. The Redbox rental kiosks must be serviced by humans regularly.
Nevertheless according to Deadline.com
The year-end report from market research firm The NPD Group provides yet more evidence that the disc-rental business is in trouble. That shouldn’t bother Redbox yet: The firm’s kiosks accounted for 37% of all movie DVD and Blu-ray rentals, up from 25% in 2010. Netflix remained flat for the year at 30% — although its self-inflicted wounds (remember Qwikster?) were apparent in Q4 when it had just 25% of the disc rentals, a two-year low
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