online movie rentals

Rogers Video To Close 40% of Stores

Rogers Video will be closing 63 of their 156 Canadian stores by the end of January, according to the Toronto Star.

The company had reported a 46% reduction in revenue in October, having obtained $60 million in profits in the first three quarters of 2011 instead of $111 million in 2011. (Q3 2011).

Rogers had closed 20 video stores in 2010 and is currently revamping their stores in response to the market, to concentrate on smartphone and tablet sales. They had also closed their direct mail rental service, Rogers Video Direct, this month.

Rogers Video Direct Closes

Rogers Video Direct has closed and the mail rental service’s customers have been re-directed to Zip.ca.

The Rogers Video Direct site was operated by Zip anyway so there are only a few minor changes to the service.

CRTC Will Not Regulate Online Film Rentals

The CRTC will not regulate online film rental companies and broadcasters.

These online broadcaster will not be forced to subsidize Canadian TV content, the CRTC having found no evidence that their activities hurt conventional broadcasters.

Zip To Expand Movie Rental Kiosks

Online movie rental retailer Zip.ca will partner with Metro Inc. to bring their movie rental kiosks to over 800 Metro grocery stores though-out Canada.

These red kiosks, which rented DVDs for $1 and blu-ray disc for $2, were successfully tested in Ottawa and Montreal Metro stores. And the company is hoping to gain more customers from Blockbuster Canada‘s extensive membership.

Zip is also currently offering internet movie rentals on Samsung brand devices.

Youtube Rents Films To Canadians

Youtube is renting films to Canadians now, for $3.99 or $4.99. Some free films are also available. Click here to access their selection.

CinemaNow Opens Canadian Site

CinemaNow had opened a Canadian site, enabling Canadians who use Windows or internet connected devices to rent or purchase films online.

Film rentals are generally $4.99 and purchases vary in price.