Redbox Increases Rental Prices

Starting October 31, Redbox will be raising their price to $1.20 from $1 for daily movie rentals. Luckily, they seem to have learned from the mistakes of their competitor, Netflix, who later apologised to its subscribers for the way that they had changed their monthly plans for its users. Netflix has lost over 800,000 subscribers due to the price increase, but things look to a brighter future for the emblematic red movie boxes.


So how do you feel about this price change?