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Verizon and Coinstar's Redbox Form Joint Venture
Details Scarce, Launch Expected Later This Year
by Karl Bode 09:53AM Monday Feb 06 2012
Confirming rumors that popped up late last year, Verizon and Coinstar (operators of RedBox) today announced that they've formed a new joint venture that intends to take aim at Netflix's video streaming crown. Actual details in the announcement are very scarce, with the video service launching sometime during the second half of this year. The announcement says the service, which will likely retain the familiar RedBox brand, "will leverage Verizon's industry-wide relationships with entertainment content providers, its advanced cloud computing technologies and state-of-the-art IP network infrastructure to distribute video on-demand content to its customers."

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cableties
Premium
join:2005-01-27

No wonder

Redbox snubbed at Warner...

Too bad the nearest Redbox for me is at a corner 7-11 with nefarious punks, graffiti, limited parking and an idling primered-spot painted van sitting there every other day.
--
Splat

cdru
Go Colts
Premium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:7

Re: No wonder

said by cableties:

Too bad the nearest Redbox for me is at a corner 7-11 with nefarious punks, graffiti, limited parking and an idling primered-spot painted van sitting there every other day.

So go across the street to the other corner. I think 3 of every 4 corners of all intersections around here have a Redbox on the property somewhere.
elray

join:2000-12-16
Santa Monica, CA
Reviews:
·Time Warner Cable
·EarthLink

Fire, Ready, Aim

Not sure what Verizon was thinking. This is a non-starter.

Netflix' streaming library is considered rather weak - but they have 50x the content of any competitor. There is no way Verizon or Blockbuster-Echostar is going to invest the billions necessary to obtain those rights.
mogamer

join:2011-04-20
Royal Oak, MI

Re: Fire, Ready, Aim

said by elray:

Netflix' streaming library is considered rather weak - but they have 50x the content of any competitor. There is no way Verizon or Blockbuster-Echostar is going to invest the billions necessary to obtain those rights.

Wait, if Netflix has around 50x the content the nearest competitor has, then how is it weak? It may not be ideal, but it isn't weak.
elray

join:2000-12-16
Santa Monica, CA
Reviews:
·Time Warner Cable
·EarthLink

Re: Fire, Ready, Aim

said by mogamer:

Wait, if Netflix has around 50x the content the nearest competitor has, then how is it weak? It may not be ideal, but it isn't weak.

It is weak, in that it doesn't feature the same depth of catalog, especially new releases, that their DVD library has. Yes, you can always find "something" to watch, but its a crummy last-place choice.

With Redbox and its peers, most often you simply walk away, choosing "none", even for $1.
flashcore

join:2007-01-23
united state
Unless you have some inside information then I don't know how you can make any of those claims. No one outside of Coinstar or Verizon knows what kind of rights they have to media streaming, and lets not forget Verizon already has FiOS TV and access to content providers using that relationship on top of the relationships Coinstar has.

FFH
Premium
join:2002-03-03
Tavistock NJ
kudos:5

Re: Fire, Ready, Aim

Some questions yet to be answered:»www.pcworld.com/article/249335/r···ice.html

Among the questions unanswered by Verizon's and Redbox's announcement:

How much will the subscription service cost?
Will there be other services available, such as a la carte viewing, or multiple tiers for the subscription service?
How will the content be different from that of Netflix and Amazon? Will there be new releases as well as back catalog content?
Will a Verizon or Verizon Wireless subscription be required to use the service?
Will Redbox's DVD kiosk service be tied into the streaming service in any way?
Redbox and Verizon say they will reveal more details “in the coming months.”


--
The nine most terrifying words in the English language are, I'm from the government and I'm here to help.
»www.politico.com/2012-election/


noverizon

@verizon.net
verizon found a new scheme that could make them more cash, and a opportunity to try and take a shot at Netflix'. It's yet another verizon greed play. Too bad verizon doesn't ever do the right thing like pay taxes.

Stop Verizon Tax-Dodging and Union-Busting
»action.cwa-union.org/c/11/p/dia/···KEY=3475

PUGZBrand

@buckeyecom.net

Re: Fire, Ready, Aim

maybe VZ should do the right thing and sell off their wireline network and move away from the CWA. After all the CWA has nothing better to say about them than bash them. You should be glad VZ gives you a job each and every day.

88615298
Premium
join:2004-07-28
West Tenness

Will be fail

Netflix can't get anything new in even with capitulating to studios for 56 day waiting periods. The studios aren't going to give RedBox shit when they refuse to do the same.

norbert26
Premium
join:2010-08-10
Warwick, RI

Yawn

I am not holding my breath or getting excited. I expect a scheme where you must have FiOS TV. It will be like a HBO or TV anywhere scheme. And most likely PPV. This does NOT compete with netflix.
NJxxxJon
DSLR'er from the 56k days.
Premium
join:2005-10-22
00000

Dollar Digital aka flash drive technology

AS SAID ABOVE - T*YAWN AS WELL* I can't wait when we can take a flash drive into a grocery store and copy a movie. (Even if it deletes itself in a day.) DVDs remind me of CDs.