It’s funny to read all the questions that people pose about owning or franchising a Redbox DVD kiosk, and even more interesting to read some of the responses online. The truth is, we won’t know how much a Redbox machine costs to have installed at your place of business until you apply using the steps outlined in the above link.
How much money does a Redbox machine make in a day?
“Redbox kiosks can make a few hundred dollars a day,” writes the ChaCha website. “It’s all about placement. If it is located in a busy area it can make up to a thousand a day.”
Now, this may be well and true — but if the ChaCha person answering the question didn’t speak with a person who owns a Redbox machine directly (or rather, someone who has a Redbox machine at their place of business) then they won’t know exactly how much cash Redbox machines average until Redbox owner CoinStar releases that specific information.
Redbox Automated Retail LLC was initially funded by McDonald’s Ventures, LLC, a wholly owned subsidiary of McDonald’s Corp. In 2005, Coinstar bought 47 percent of the company. In February 2009, Coinstar paid McDonald’s for the rest of the company.
And no matter how much searching has gone on online, until a Redbox owner begins to unveil their actually split of the earnings, we may never know. But I hope I find out soon…