Friday, October 28, 2011

The higher cost of entertainment

Add something else to the list of prices going up ...:

Got this email from the folks at Redbox: Starting on Monday, October 31, the daily rental charge for DVDs will change to $1.20 a day.* The price change is due to rising operating expenses, including new increases in debit card fees.

I was a bit confused by this reference to debit card fees ... but apparently the law that capped the swipe fee that banks are allowed to charge also raised the fees that can be charged for small transactions.

I suppose in the overall scheme of things, an extra 20 cents isn't bad ... unless you rent a whole stack of DVDs at once. On the other hand, it begins to make the competition a wee bit more attractive.

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