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The Verizon and Redbox Joint Venture is Hitting This August
Wed Feb 29, 2012 at 10:00 AM ETTags: Redbox, Verizon, Netflix (all tags)
We'll be seeing what the pair has to offer very soon.
Netflix is in a very nice place right now. The company has some competition, but nothing that's threatening to usurp it, at least when it comes to streaming content. The DVD and Blu-ray side of the service is lacking due to a lack of focus on the company's part but also partially due to the convenient and inexpensive Redbox.
Now that Redbox is entering the streaming game along with its partner Verizon, things may get very interesting indeed. Exact details are still a bit of a mystery, but Verizon CFO Fran Shammo did reveal one thing - the service will launch this August.
We'll have to wait and see to find out if this combo can really compete in the current environment, but at least we won't have to wait too terribly long.
Source: Home Media Magazine
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Verizon and Redbox Join up for Netflix-Like Disc and Streaming Service
Tue Feb 07, 2012 at 10:00 AM ETTags: Redbox, Verizon, Netflix, Streaming (all tags)
Redbox is finally entering the streaming game, but just what the service will offer is a mystery.
It's about time we see the formation of a streaming service that can legitimately go head-to-head with Netflix. Verizon and Redbox have joined forces to create their own service that provides both streaming video and physical media.
The Netflix model is far from perfect, especially when it comes to the disc-by-mail portion of it. Shipping out individual discs is expensive, but it looks like Redbox will be solving that by letting subscribers pluck DVDs and Blu-rays out of kiosks.
The pricing layout is a big question mark at this point as the joint venture promises "subscription services and more" in "an easy-to-use, flexible and affordable service that will allow all consumers across the U.S. to enjoy the new and popular entertainment they want."
The launch of this new venture is expected in the latter half of 2012. Expect to see some changes at Netflix in anticipation of the competition.
Source: Engadget
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