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RE: LeoThread 2024-10-15 10:56

in LeoFinance2 months ago

Court filings reveal that local stores, including Walgreens, CVS, Walmart, and others are seeking permission to remove many of the remaining 24,000 DVD rental kiosks scattered across the country, according to a report from The Wall Street Journal. These once-familiar red boxes, often found outside grocery stores and convenience stores, have been steadily disappearing over the past few months.

The rise of streaming services like Netflix, Hulu, and Disney+ has dramatically changed how people consume entertainment. While Redbox attempted to adapt with its own streaming platform, it ultimately couldn’t keep pace with the industry giants.