Dvdplay Funding !!link!! File

By early 2011, DVDPlay was burning $400,000 per month. Redbox’s market share hit 38% of all physical rentals. Netflix’s streaming service had 23 million subscribers. DVDPlay had no strategic buyer—Redbox didn’t want the technology, and Coinstar wasn’t interested.

No round occurred.

The closed in October 2009. The terms were apocalyptic: dvdplay funding

The funding was deployed to launch (a kiosk that also rented Blu-rays) and a doomed pilot program with 7-Eleven to put mini-kiosks (200 discs) on convenience store counters. Both failed. The 7-Eleven pilot cost $800,000 and generated $42,000 in revenue over six months. By early 2011, DVDPlay was burning $400,000 per month