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Movie Spot

The movie distribution business is changing rapidly with movie rental vending technologies allowing a new paradigm of convenience, value and one-stop shopping.

There is little doubt that movie kiosks are challenging traditional retail models, putting brick and mortar video stores at risk. With a national network of over 12,000 movie rental kiosks in the U.S, Redbox has created a growing niche industry and now boasts of having more retail locations than the leading U.S. national chain.

Following the explosive growth of self-service digital entertainment in the U.S., an industry now valued at over $8 billion after only 5 short years, Spot Ventures is set to change the landscape of entertainment retailing with the first Automated DVD Rental Franchise in Canada called “Movie Spot”™.

As history shows, during times of economic uncertainty, consumer spending on home entertainment such as movie rentals increases, while spending on other entertainment, such as the theatre, dining out, etc., decreases. This is commonly referred to as “staycations” – when consumers spend vacations at or close to home due to financial factors such as rising fuel prices or slow economic growth.

North Americans are now in a period of “staycation”, making this an opportune time to introduce the Movie Spot network.

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