Tuesday, May 25, 2010

NCR looks to compete with Coinstar....

The nation's biggest ATM maker wants to compete with Coinstar.

NCR (NCR), the company that makes automatic teller machines and kiosks is ready to do some transacting for themselves.

They've already rolled out DVD-kiosks across the United States to prove they're serious... desiring a piece of an industry expected to grow 37% this year to $1.3 billion.

But don't run out and risk the house on these guys just yet. You will want to play it safe.

We're still slightly concerned that they don't have any agreements with studios... yet. But that shouldn't be a long-term issue, as they plan to offer something that Coinstar does not: sales.
NCR wants to "use the kiosks to sell DVDs, giving the studios a chance to recoup lost DVD sales revenue and possibly encourage impulse DVD purchases,” according to CNN.

And that alone could prove to be a gold mine.

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