Self-Serve Kiosks Replacing Old-Fashioned DVD Sales and Rentals; Flix on Stix and AVT Positioned to Dominate New Industry
AVT, Inc. (Pink Sheets: AVTC) (www.avtinconline.com) commented on a recent report on Retail Digital Entertainment Systems, the financial advantages and benefits of in-store kiosks were examined As a result, retailers and studios are looking at digital delivery as the natural progressive evolution in the entertainment industry.
- (1888PressRelease) October 09, 2010 - CORONA, Calif - AVT, Inc., (formerly Automated Vending Technologies) (Pink Sheets: AVTC) (www.avtinconline.com).
In a recent report on Retail Digital Entertainment Systems, the financial advantages and benefits of in-store kiosks were examined. At issue is the undisputable fact that DVD sales are in decline and the growth of Blu-ray will not be sufficient to stem the market downturn. As a result, retailers and studios are looking at digital delivery as the natural progressive evolution in the entertainment industry.
While it is true that many consumers enjoy the experience of holding a DVD in their hands, the costs associated with the manufacturing, packaging, and retailing that item are under scrutiny. Additionally, shelf-stocking and theft issues continue to plague this sector.
The near future will utilize in-store kiosks that provide a unique and cost-efficient solution. By offering a near limitless selection of titles in a kiosk through a quick and easy download to a USB Flash or portable memory drive, both the retailer and the consumer will benefit.
Retailers wanting to enter or expand their home entertainment business may find that the kiosk is an ideal vehicle - with little or no labor, theft, or out-of-stock issues.
Home Entertainment is a now a $23 billion a year industry. Some experts suggest that the new kiosk method of content delivery will control upwards of 20% of the market - or $4.6 billion - within just the next 2 years.
Flix on Stix is one of the emerging leaders in the new Kiosk-driven Home Entertainment Industry, and offers consumers a vast array of movies, television shows, and video games, all available immediately through a fast download to a USB Flash drive or other portable storage device. The system offers consumers a cost-effective alternative to bulky DVDs, with no late fees and no returns. Flix on Stix has exclusive encrypting technology that provides secure, error-free content delivery. Through their business relationship with AVT - one of the world's leading manufacturers of Kiosks and Automated Retailing Centers, the company plans on rapidly rolling out over 5,000 kiosks in the next 12 months.
Flix on Stix and AVT have worked closely together to design and develop a unique kiosk that meets the needs of the retailers, studios, and consumers. AVT company founder, Shannon Illingworth commented, "We continue to provide automated retailing environments that meet the evolving demands of both today's and tomorrow's technology-advanced marketplace. We are pleased to work with Flix on Stix to provide the kiosks that will become the standard of the industry."
For more information on Flix on Stix, visit the company's website at www.flixonstix.com, or call Bob Bienias at 877-430-3549.
For more information on AVT, visit AVT's Website at: www.avtinconline.com, or call James Winsor, Chief Executive Officer and Chief Engineering Officer, at 951-737-1057.
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