by Mike Masnick
Fri, Oct 31st 2008 4:22pm
It did seem a little odd that Universal Studios was trying to bully Redbox into an agreement that would kill off the DVD vending machine company. After all, having Redbox out there renting some movies (which it paid for) certainly seems better than it not even being an option. Initially, we just chalked it up to Universal trying to make sure it had more control over the rental market -- but a bunch of readers this morning are pointing out that there may be a much more direct reason. It turns out that Universal Studios is launching its own DVD kiosk system. Initially, it's in the UK, but it's likely there are plans to offer them in the US as well. So now the ridiculous "take it or leave it" bullying threat from Universal Studios to Redbox makes a lot more sense: it was designed to force a competitor out of business so Universal could have the market to itself.
If you liked this post, you may also be interested in...
- China's New Antitrust Rules Aim To Blunt Foreign Patent Threat
- Cox Claims Rightscorp's 'Extortionate' Lawsuit Really A Backdoor Way To Get Subscribers' Info
- Once Again, Just Because Someone Used Backpage.com For Trafficking, Doesn't Mean Backpage Is Liable
- Universal Responds To Lawsuit About Its Hollywood Accounting Tricks By Claiming That It Actually Overpaid
- Producers Of '50 Shades' Porn Parody Argue That The Work Is In The Public Domain... But It's Not