Today's Hard|Forum Post
Today's Hard|Forum Post

Monday February 06, 2012

Verizon Setting Up Streaming Service With Redbox

According to the Associated Press, Verizon and Redbox are setting up a streaming service to challenge Netflix.

Challenging Netflix, phone company Verizon Communications Inc. says it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. Verizon and Coinstar Inc., Redbox's parent, say the service will be national and available to non-Verizon customers. It adds another leg to Verizon's quest to become a force in home entertainment, and looks set to compete to some extent with the cable-TV services it already sells.