Used DVD Business Taking Off
We all like brand spanking new things, but during the recent economic downturn, the used DVD business has seen growth; and this isn’t from grubby pawn shops, but state of the art kiosks and vending machines position strategically where people are likely to want a movie.
According to Variety “Hudson News has never rented or sold new DVDs, but in 2008, it began selling used DVDs as part of its entry into the home entertainment business. The airport retailer is not alone either as a growing number of retailers who have never rented movies, including Borders, are entering the DVD business on the cheap with used discs, thanks in large part to an exploding supply from DVD rental kiosk companies and demand from belt-tightening consumers.”
The industry leader Redbox, and its innovative vending machine style DVD Rental service sells some of its used movies for just $7; with the rest being sent back to its distributors. Those distributors also buy back used discs from other kiosk companies and other rental retailers such as Netflix, which recently announced it would stop selling previously-viewed discs on its site in favor of reselling them to distributors.
It just goes to show how the world of entertainment is constantly evolving to accommodate demand. Its also warming to know people prefer to buy second hand discs, rather than download them illegally.


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