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DVD Rental a thing of the past??

kat9182 · 2005-11-22 12:05:43

Hi all, A couple of friends and I are thinking of buying into a frachise that does 24/7 self service DVD and game rentals. Im sure you've seen them before, it would be like a normal video rental store but just with a load of screens on the walls that dispense your selected film, and you can pay by cc/cash and on a weekly…

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22-11-2005 1:05pm

#1

kat9182

Closed Accounts Posts: 46 ✭

Join Date: May 2005

Posts: 24

Hi all,

A couple of friends and I are thinking of buying into a frachise that does 24/7 self service DVD and game rentals. Im sure you've seen them before, it would be like a normal video rental store but just with a load of screens on the walls that dispense your selected film, and you can pay by cc/cash and on a weekly or monthly basis... Its also alot cheaper than the other rental outlets (less than half the price)

Our only concern is that with all the digital TV and Box office, piracy etc these days, is the video rental market a dieing trade? Do many of you still rent your DVD's? I know I just buy mine or order box office, but the company that owns the franchise was showing us some statistics that would say that I am in the minority?

Any opinions much appreciated!

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#2 23-11-2005 4:25pm
mathie

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You've to factor in online DVD Rentals too. There seems to be a lot of competition at the moment. Good for the consumer (finally).

M

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#3 23-11-2005 4:28pm
Merrion

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Whoa - I just had a major case of deja vu...

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#4 24-11-2005 1:12am
mneylon

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I still rent quite a few DVDs, though in some cases I end up buying a couple of cheap ones instead of renting the new releases..

Blog | Tweets

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#5 24-11-2005 12:07pm
mathie

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I was reminiscing with my dad last night about the prices of videos in years gone. I remember seeing ET on video about 15 years ago for 100 pounds. Im guessing that equates to about 400 euro in todays money.

The buying culture does seem to have taken over these days as its so cheap compared to what it used to be.

M

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#6 24-11-2005 4:42pm
Victor

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It is dying, but not dead.

You have all the same problems as Blockbusters. People not returning DVDs on time, losing them, not paying, etc.

New release rental copies are expensive - typicly €40-50.

Internet and cable view on demand is stealing a lot of the market.

You really need a good location and a means of having a low registration overhead.

You also need to get the appropriate machine, there are various on the market. It needs 24 hr access, yet secure / shelterd enough to survive.

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#7 16-10-2006 9:44am
thesteve

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Posts: 809

Hey Kat, did you go ahead with this venture? I would be interested to know it went, I've seen these machines in action in Germany and they're a great idea.

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