Summary Box: Verizon, Redbox partner on streaming

Published February 6, 2012 by
Technology - General News

STREAMING NEWCOMER: Verizon Communications Inc. and Coinstar Inc.’s Redbox will jointly start a video streaming service this year.

THE CHALLENGE: It’s a challenge to Netflix, which faced a backlash to an unpopular price increase last year. Unlike other major streaming alternatives, the new venture will combine Internet delivery of movies with DVDs, as Netflix does.

DETAILS: The service will be national and available to non-Verizon customers as well. Prices weren’t revealed.

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