Redbox's machines take on Netflix's red envelopes
Saturday, June 20, 2009 - 16:42
in Mathematics & Economics
(AP) -- With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix CEO Reed Hastings still has something to worry about: an even cheaper DVD rental service run by one of his former lieutenants.