By Investanomics.com:Coinstar's (CSTR) recent sell-off is giving investors an opportunity to invest in a fast-growing company. When Coinstar comes to mind, many investors might think about the company's green coin-counting machines located in supermarkets. Coinstar actually owns Redbox, famous for its bright red rental machines offering $1 DVD rentals. Redbox accounts for a large majority of Coinstar's business and growth.
They say the kiosks' cheap fees could hurt DVD sales, undermining economics that have long propped up the movie business.
The hottest thing in movie rentals is as old as the Coke machine -- and just as red.
By Qineqt:Wal-Mart (WMT) will be discussing its business plans in the annual investors' meeting today. It is highly likely that Wal-Mart will offer more details on its small stores expansion plan. The stock is already up by almost 25% YTD.
The companies, two of the biggest players in DVD sales and rentals, have told Hollywood studios that they are looking to launch streaming movie services similar to the one offered by Netflix.Netflix won't have the online movie subscription business to itself for long.
Seth Gilbert submits:Redbox parent, Coinstar (CSTR), built its core business offering frugal customers a convenient way to liquidate their spare change. Similar focus on frugality and convenience has helped turn the company into a movie rental powerhouse.