11/24/2014

Redbox Rental Prices Are Going Up IGN PS3

Game and movie rental service Redbox has announced that it's raising rental prices for games, DVDs, and Blu-Ray discs in the US.


Under the new daily pricing standards, the cost of DVDs will go up by 30 cents to $1.50, Blu-Rays will set you back another 50 cents at $2, and games rental prices will go up a full dollar to $3.


Most of the price changes will take effect on December 2 of this year, but the games price hike won't happen until January 6, 2015.


Redbox isn't shying away from the fact that overall rental volume will probably fall as a result of higher prices, but the company said that the higher profits per rental along with some behind-the-scenes cost cutting will help it "offset future declines in the physical rental market."


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IGN PS3

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