Verizon and Redbox join forces
Posted: 02/07/2012
NEW YORK - More video streaming options are coming. Verizon 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.
In addition to competing with Netflix, that also apparently sets up a potential competition with Verizon's own cable-like FiOS service in some areas.
The companies say the service is intended to give customers access to DVD and Blu-ray discs as well as streaming movies.
They didn't give details or say how much it might cost.
(Copyright 2012 by The Associated Press. All Rights Reserved.)
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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