Search Corporate Intelligence1 September 17, 2013, 1:18 PM 74 Million Movies that Werent Streamed in July Biography Redbox For those who spend their time glued to glowing screens on smartphones and laptops, its important to get an occasional reminder of how popular some offline businesses still are. And that is certainly the case when it comes to movie rentals. Plenty of people have long abandoned their Blockbuster membership and shifted from renting discs to streaming shows Netflix now has almost 30 million paying members but plenty havent. In households where the TV is still king (and not connected to a computer or the internet), DVD rental is still going strong. Take Redbox, which rents DVDs from its more than 43,000 vending machines located in grocery stores across the country. Stock in its parent company, Outerwall Inc., is down 12.5% today after it issued updated guidance last night, lowering estimates for revenues and earnings. A big reason for the downward revision was rentals at Redbox were not as high as expected. But even then, they were pretty high : Rentals for July and August grew year over year 13.4% and 15.7% respectively, with July representing Redboxs best rental month in its history, with approximately 74 million rentals. Redbox continues to expect both rentals and revenue per kiosk to increase compared to comparable periods in 2012. In addition, unique credit and debit cards used in July and August increased 11% year over year, while rental frequency improved in July and August compared to the same periods in 2012. 74 million rentals in July. Aside from working on an old-school TV setup, Redbox rentals can be a pretty cheap option compared to whats available online: $1.20 a night for one of their discs, compared to $2.99 upward for a streaming movie from places like Amazon or Apples iTunes store. Netflix subscriptions cost $8 per month, although that gets an all-you-can-eat streaming buffet. Redbox doesnt see its customers jumping ship anytime soon, regardless.
Here are a handful of those kinds of movies, all streaming on Netflix. To the Wonder Terrence Malicks sixth movie in 40 years was also his first to be received with complete indifference. Like Malicks universally acclaimed The Tree of Life, To the Wonder (2013) employs a slow, dreamy, drifting quality. However, its presented on a much smaller scale, focusing on one man and his relationships with two women, which must have seemed less worthy than the more personal/cosmic themes of The Tree of Life. Nonetheless, To the Wonder gets closer to the emotional truth of a relationship than most normal movies, and the addition of Javier Bardem as a tormented priest brings a fascinating layer, leaving both God and love ultimately ungraspable. Ben Affleck stars in a purposely emotionally clouded role, with the beautiful Olga Kurylenko and Rachel McAdams as the alternating objects of his affection. Story of a Love Affair The Italian filmmaker Michelangelo Antonoini has, like Malick, sometimes met with strong acclaim, and sometimes bafflement. His exemplary feature debut, Story of a Love Affair (1950), doesnt seem to enjoy the reputation of some of his more famous movies (like LAvventura and Blow Up). Yet its a striking work, showing a master filmmaker fully formed from the start. The story has wealthy factory owner Enrico (Ferdinando Sarmi) hiring a detective to investigate his beautiful young wife, Paola (Lucia Bose). She reconnects with an old lover, Guido (Massimo Girotti), and they begin to plot an affairand worseviolence, but soon their passion begins to fade. Antonioni places his lonely figures in forlorn, empty and industrial landscapes, pulling them apart and emphasizing feelings of isolation, ennui, and disconnect. And yet the film still has its moments of crackling passion and secret suspense.