This is interesting and new as well, we never had them in my country. We had video renting and it was popular to rent out a bunch of tapes for a weekend, then gather somewhere, at a friend's place, then watch movies all night. But this was around 88', '89. After 89, everything was available to buy, so the video renting business died.

However, I've seen a few horror movies back then, but don't like horror 😬