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RedBox Verizon Streaming Service Delayed Until 2013
Late in First or Early Second Quarter of Next Year
Contrary to rumblings of a December launch, Verizon CEO Lowell McAdam this week stated that Verizon's streaming video joint venture with Redbox had been delayed until early 2013. According to the CEO the service needs more testing before launch, with McAdam telling reporters that he expected the service to launch late in the first quarter or early in the second of 2013. Recent leaks suggested a December 17 launch was originally planned. The leaks also noted that the streaming service will attempt to undercut Netflix pricing to gain subscriber share, with unlimited streaming starting as low as $6 a month.
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mrjoshuaw
join:2001-12-27
Blue Springs, MO

mrjoshuaw

Member

Ouch...

Especially with Netflix signing an exclusive agreement with Disney late yesterday. It looks like Netflix already has quite a bit of Disney's catalog of old movies available for streaming immediately as of last night. We will have to see how soon they get the new releases available for streaming as well to see if it affects Amazon and Redbox.

anon anon
@charter.com

anon anon

Anon

Re: Ouch...

said by mrjoshuaw:

Especially with Netflix signing an exclusive agreement with Disney late yesterday. It looks like Netflix already has quite a bit of Disney's catalog of old movies available for streaming immediately as of last night. We will have to see how soon they get the new releases available for streaming as well to see if it affects Amazon and Redbox.

Netflix gets the new Disney releases in 2016. Starz has them until then.
elefante72
join:2010-12-03
East Amherst, NY

elefante72

Member

Because

It's delayed because the content providers are putting the screws to coinstar and verizon. I guess that $6 loss leader isn't going to fly.