Redbox CEO Scoffs At Netflix's Video Library
In April, it was Blockbuster CEO Jim Keyes ragging on Netflix’s selection of streaming video, now it’s Mitch Lowe, CEO of more relevant competitor Redbox who is scoffing at Netflix’s growing archive of older movies and TV shows.
Speaking to CNN, Lowe said:
Netflix continues to build up this huge library with a very small percentage of it being relevant and interesting… What we do is we make it easier by continuing to put fresh product in our machines and taking out the stuff that is of less interest.
But isn’t this a bit like a cineplex poking fun at a video store? What do you think? Watch the whole CNN piece below, if you so choose.
How Redbox is gaining on Netflix [CNN via Hacking Netflix]
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