Why doesn't Netflix let me pay $1 for new movies like Redbox does?

1 point·leak··5 comments

So, I checked out Redbox the other day and for $1 I can rent a new movie. Great. But I don't want to drive to the store to pickup & return.

Is there any reason why Netflix can't just charge me $1 to rent new movies for 24hrs? What's the difference between streaming or dvd pickup to the studios?

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Why doesn't redbox let me get as many movies as I want for 10$ a month? They are pursuing different avenues. The guys at netflix prefer a stead stream of income and carrying a much larger selection. If you want to rent online there are several sources that will allow you to do that. Why demand it of Netflix.

Maybe redbox cannot afford licensing for that? Also, I believe the future is streaming not physical kiosks.

People are demanding new movies from Netflix and this just seems like the most logical move for them since Redbox already shows people are willing to pay $1 for a rental.

Netflix management has said they believe a simpler service is better, even if they are leaving money on the table by ignoring some options.

Why wouldn't it be simple to add "Rent for 24hrs" button? They already have my CC info so it wouldn't be a hassle to me at all. And, this can turn into something bigger for independent film makers to step outside of studios. They can just create movies and release directly to Netflix (ie: similar to what's happening at Amazon).

If they did this, people that normally would just pay $10/month to watch one movie a month would only be paying $1. It would definitely eat into their current business model.

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