Social Media  Redbox: The Enemy of the Entertainment Industry?
[STUDY]   If bargain movie rentals are your thing, then you've
probably already happened on those bright red self-service
kiosks that dispense movie rentals at a ridiculously low price
of a $1 per movie per night.  The company is called Redbox, and
while their service is an entertainment hit with consumers (they
have 19 percent share of DVD rentals), they've attracted the
ostentatious indignation of studios who are feeling the pinch of
major declines in movie sales.  Now new research, embedded
below, from the Los Angeles Economic Development Corp. (LAEDC)
further paints Redbox as the enemy of the entertainment
industry. Data estimates that Redbox's discounted movie prices
will cost the entertainment industry $1 billion in revenue and
account for 9,280 jobs lost.  Is Redbox Really the Enemy?  We
previously reported that studios were trying to force the hand
of Redbox and Netflix to delay new release rentals by 30 days.
While Netflix ponders the opt