It appears the DVD wars are heating up.

NCR Corp. said Tuesday that it had licensed the Blockbuster name and would soon introduce new "Blockbuster Express DVD rental kiosks" at more than 200 drugstores in New York City.

NCR and Blockbuster agreed to share profits as they install 2,500 kiosks nationwide this year. (The biggest clusters of these kiosks will be in Florida, Georgia, Massachusetts, New York and Arizona.)

What do these developments mean for rival Redbox, the maker of those kiosks you see outside grocery stores where people can rent a movie for $1 per day. And what does it mean for Redbox parent company Coinstar .

Find out from RedBox president Mitch Lowe. Watch the video now!

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