New Details On Redbox-Verizon Streaming Service, Netflix Competitor

Yesterday Coinstar, the parent company of Redbox, the 35,400-kiosk-strong movie-rental service, announced a joint venture with Verizon to provide a subscription-based streaming video service, thus positioning the companies in direct competition with Netflix, Hulu, and Amazon. Coinstar also announced that it would acquire NCR’s entertainment business , which includes its former rival Blockbuster Express, adding more than 9,000 kiosks to Redbox’s roster around the country. Now new details about the combined companies’ plans have emerged.

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New Details On Redbox-Verizon Streaming Service, Netflix Competitor