Rich Fiscus
28 Feb 2008 0:02
After some market tests which began last year, Redbox has announced that they'll be adding their kiosks to nearly 1,800 Walgreens stores. At present the company expects to have over 11,000 active kiosks by year's end.
Redbox, which is primarily owned by Coinstar and McDonald's, is already the clear leader in the rental kiosk business. All told they already have nearly 7,000 units in use around the U.S. That's more than four times the number their closest competitor, Moviecube, has.
Although Moviecube has also announced big plans for expansion, with Redbox's aggressive growth continuing from last year, when they tripled the number of kiosks they had deployed, Redbox looks to be the clear market leader for the forseeable future.