Verizon and Coinstar's Redbox Form Joint Venture
Details Scarce, Launch Expected Later This Year
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."
| |cdruGo ColtsPremium,MVM
Fort Wayne, IN
Re: No wonder
said by cableties: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.
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.
Royal Oak, MI
Re: Fire, Ready, Aim
said by elray: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.
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.
Santa Monica, CA
·Time Warner Cable
Re: Fire, Ready, Aim
said by mogamer: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.
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.
With Redbox and its peers, most often you simply walk away, choosing "none", even for $1.
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.
| || 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
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.