Netflix (NFLX) just got an intriguing competitor this week now that Verizon (VZ) has brought its Redbox Instant video streaming service out of beta and has made it available to the general public. Redbox Instant, which is available to everyone regardless of whether they’re a Verizon customer, is initially offering a range of 7,500 “streaming and transactional movie titles” for $8 a month. The service works on Macs, PCs and the Xbox 360, which entered into a deal with Verizon earlier this year to become “the exclusive gaming and entertainment console launch partner for Redbox Instant.” Verizon is currently offering a free one-month trial for the new streaming service.
Great news for Xbox users: You’ll soon have yet another video streaming service competing for your dollars. Microsoft (MSFT) Xbox Live programming director Larry “Major Nelson” Hryb announced on his website Tuesday that “Redbox Instant by Verizon (VZ) will be coming to Xbox 360 in the very near future” and that Redbox Instant beta participants will soon receive an access code that will let them use the Redbox app on their Xbox consoles. Hryb also said that the Xbox will be “the exclusive gaming and entertainment console launch partner for Redbox Instant,” so don’t expect to get Redbox on your PlayStation 3 or Wii U in the near future. Verizon plans to launch Redbox Instant in March, when it will initially offer users 7,500 “streaming and transactional movie titles” for $8 a month.
Shawn Strickland, the CEO of Redbox Instant by Verizon (VZ), revealed at the Consumer Electronics Show in Las Vegas on Wednesday that his company’s streaming movie service will arrive before the end of the first quarter of 2013, according to VentureBeat. The service, which has been restricted to an invitation-only beta for the past month, will compete with similar offerings from Netflix (NFLX), Hulu and Amazon (AMZN), among others, however it will also have the advantage of utilizing Redbox’s 42,600 kiosks located throughout the country. Redbox Instant offers customers unlimited access to 7,500 “streaming and transactional movie titles,” along with four DVD rental credits each month for $8 per month. Strickland said that the service plans to initially focus on movies, although he did not rule out additional TV content in the future.
Movie rental kiosk operator Redbox, in partnership with Verizon, will go toe-to-toe with Netflix (NFLX) by the end of the year, according to the Associated Press. Redbox Instant by Verizon (VZ) is said to launch later this month and will offer an unlimited video streaming plan that include titles from Warner Bros. and movie channel Epix, along with four nights of physical DVD rentals, for $8 per month, or $9 for Blu-ray discs. Earlier reports suggested the starting price would be as low as $6 per month. A comparable Netflix plan starts at $16 for both streaming and physical rentals, however RedBox Instant does have its shortcomings. More →
Verizon (VZ) and Coinstar (CSTR) earlier this year announced a joint video streaming service to compete with Netflix (NFLX) and Amazon (AMZN). The service, which is called Redbox Instant by Verizon, is now in its testing phase and is set to become available by the end of the year. Janko Roettgers of GigaOM found some key details about the service while digging through the Redbox Instant website, which has now become password protected. More →
After months of speculation, Verizon (VZ) and Coinstar (CSTR) earlier this year announced a joint video streaming service to compete with Netflix (NFLX) and Amazon (AMZN) Instant Video. The service, called Redbox Instant by Verizon, is being tested in the homes of roughly 500 Verizon employees and is set to become available by the end of the year. Eric Bruno, Verizon’s vice president of strategy and planning for consumer and mass business markets, said that Redbox Instant will initially focus on newer movies, Bloomberg reported. The service will require a monthly subscription and — along with online streaming, rental and purchasing — will offer customers access to DVDs from Coinstar’s 40,000 Redbox kiosks. Bruno revealed Redbox Instant by Verizon will launch “between late November and mid-December.” More →