Redbox to Sell Concert Tickets in Kiosks
October 4, 2012 7:55 PM
Initially, the concert tickets will only be available in Philadelphia Redbox kiosks
A trip to the supermarket usually means picking up a gallon of milk or some bread, but why not grab some concert tickets while you're at it?
the DVD rental kiosks
usually set up in supermarkets, will now offer concert tickets in addition to movie rentals. The move aims to give the company a bit of an edge in the entertainment business.
Initially, the concert tickets will only be available in Philadelphia Redbox kiosks for testing purposes. As of right now, the Philadelphia kiosks are selling seats for a Carrie Underwood concert on November 28 at the Wells Fargo Center arena. Tickets are also available for Nascar races at the Pocono Raceway and for Villanova University football games.
To top it off, Redbox is only charging a $1 service fee per ticket. This is significantly cheaper than that of Live Nation's Ticketmaster, which could actually make Redbox's ticket venture pretty successful. The only downside is that you won't find any tickets for huge events in these kiosks -- just whatever's left of local events.
Redbox has been crushed under the
weight of competition
with the likes of Netflix and Amazon when it comes to movie rentals. Both Netflix and Amazon offer subscription models for a much larger selection of movies and TV shows that can be streamed directly to a user's computer. Redbox has had a hard time keeping up with these models, and is looking for new methods for revenue.
This new venture into concert tickets can also benefit the ticket industry, which is constantly trying to get rid of unused seats in venues. While giving them away or selling them at a huge discount are a couple of ways to go, doing either of these is obviously not profitable -- and Redbox could help to sell the leftovers.
Mark Achler, Redbox's vice president for new business and strategy, said that having concert tickets in the kiosks could help sell tickets thanks to "impulse buyers."
"We can help move inventory," said Achler. "We can be incremental without being cannibalistic."
The Wall Street Journal
"My sex life is pretty good" -- Steve Jobs' random musings during the 2010 D8 conference
Amazon Instant Video Takes Siege on Netflix to the iPad
August 1, 2012, 4:12 PM
Redbox Makes Progress in DVD Rental Business
May 29, 2008, 12:13 PM
Are You in the Market for Earphones?
March 24, 2017, 7:35 AM
Samsung Galaxy S8, Rumored Launch Date!
March 18, 2017, 6:45 AM
How about Leica Cameras
March 13, 2017, 6:30 AM
Nokia has ditched this camera technology in its new smartphones
March 7, 2017, 8:45 AM
A Baseball Cap With Camera
March 3, 2017, 7:00 AM
Nokia 3310 with longer battery life
February 28, 2017, 7:05 AM
Most Popular Articles
Apple iPad – New Faster Processor and More Fun
March 22, 2017, 7:25 AM
OnePlus 3T – 5.5” Optic AMOLED and Dash Charging Technology
March 23, 2017, 8:45 AM
Comparison – Samsung Galaxy TabPro S Vs Microsoft Surface Pro 4
March 21, 2017, 7:40 AM
Huawei P8 Lite 2017 – Android 7 Nougat Smartphone with Octa-Core Processor
March 8, 2017, 7:03 AM
Gigabyte GA-Z170X-Gaming G1 – Intel Thunderbolt 3 Certified Motherboard
March 9, 2017, 6:25 AM
Latest Blog Posts
More Apps From Google
Mar 28, 2017, 7:15 AM
Are you thinking of performance and speed? Intel claims:
Mar 25, 2017, 7:45 AM
Apple buys an automation app called Workflow. The deal was completed today and brings the app along with its developers.
Mar 23, 2017, 7:35 AM
Apple Announces new color for iPhones and iPads
Mar 22, 2017, 7:45 AM
Instagram: You Can Now Save Live Videos For Later
Mar 21, 2017, 7:49 AM
Samsung Galaxy S8 to Get New Color Scheme
Mar 20, 2017, 7:45 AM
What else to worry about?
Mar 17, 2017, 6:45 AM
Icon of the Day: Intel/ NVIDIA or Mobileye
Mar 16, 2017, 6:15 AM
JUST IN - Twitter Hijacked : High-Profile Account Accesses
Mar 15, 2017, 7:07 AM
Mar 14, 2017, 7:30 AM
News and Tips
Mar 13, 2017, 6:30 AM
iPhone 8 – May Not Get Curved Screen
Mar 11, 2017, 8:00 AM
California paves way to self-driving car tests without humans
Mar 11, 2017, 7:18 AM
Smart Machines V hackers
Mar 10, 2017, 7:00 AM
Uber Can Resume Autonomous Car Testing in California
Mar 9, 2017, 6:50 AM
Mar 8, 2017, 7:09 AM
Mar 7, 2017, 8:45 AM
World news 3-6
Mar 6, 2017, 5:40 AM
Mar 4, 2017, 7:40 AM
Mixed News of the Day
Mar 4, 2017, 6:32 AM
Jaguar Land Rover invests in ride-sharing
Mar 3, 2017, 7:00 AM
Mixed News of The World:
Mar 2, 2017, 7:02 AM
More Blog Posts
Copyright 2017 DailyTech LLC. -
Terms, Conditions & Privacy Information