Yes, with the rise of streaming services such as Netflix, Hulu, and Amazon Prime, the DVD rental market has significantly declined. Though Redbox was once a popular rental service, its presence has diminished. However, the company is making efforts to remain relevant by introducing their free live TV service, and on-demand streaming options to push back against the streaming giants. For the most exact and updated information about Redbox’s strategies and status, you should follow their official announcements and reports.