% | $
Quotes you view appear here for quick access.

Outerwall Inc. Message Board

  • ichatterbot ichatterbot Apr 26, 2012 8:58 PM Flag

    Not using any on the NCR kiosks?@?!?

    Wow, the last thing on the call was that Redbox plans to not use any of the Blockbuster Express kiosks from the acquisition. So they bought the biz for $100M, $10K per kiosk but plan to operate one kiosk on one network...thus eventually won't use any the Blockbuster kiosks. Right? So the cost of just a new redbox kiosks is around $15K.

    This acquisition isn't looking so hot to me anymore. As there are effectively zero synergies. they paid $100M to just get rid of a competitor that would have disappeared eventually anyway. right? they weren't profitable. but i suppose it means that the existing kiosks will be more profitable and they bought out several retail contracts.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
40.84+0.45(+1.11%)May 27 4:00 PMEDT