Verizon and RedBox dished some additional details on their upcoming streaming video service, though most of the information already leaked weeks ago. We already knew that the service will try to undercut Netflix in an effort to quickly drum up subscribers, offering streaming for $6 a month or streaming and four physical disk rentals for $8 a month.

Verizon again tells The Associated Press that the catalog will be skimpier than Netflix, with the justification that this is a service aimed at customers who simply want "must watch" movies:The streaming service will feature about 5,500 movies to Netflix's catalog of more than 60,000. The combination of no TV shows, a limited catalog, and the inability to keep physical disks as long as you want -- could add up to make the entire offering significantly less compelling initially. While Verizon CEO Lowell McAdam just last week stated the service has been pushed into 2013, the AP story suggests they'll be launching an invite-only beta later this month.