Redbox deal with Warner Bros. not a deal for movie fans

Once again, the consumer loses in the DVD rental business.

A month after Netflix agreed to wait 28 days before mailing new Warner Bros. movies to its customers, Redbox agreed to the same waiting period -- 28 days after the movie goes on sale -- before renting them for $1 a night.

That might be fine for "The Sisterhood of the Traveling Pants," but Harry Potter fans and anyone waiting for "Cats & Dogs: The Revenge of Kitty Galore" this summer will have to wait 28 days after the DVD hits store shelves before they can either add it to their Netflix list or expect to see it for rent in a red kiosk.