In February, Coinstar subsidiary Redbox announced a joint venture with Verizon to launch a streaming video service. Later this afternoon, the companies will announce more details on the partnership, which will combine access to physical and digital content.
You know you’re supposed to do something more responsible with that cell phone or old laptop than just put it in the trash, but who has the time? Now you can just drop it off, let Coinstar do the work, and get some cash back.
The Coinstar subsidiary today announced a new partnership with Verizon. The joint venture will launch in the second half of 2012 and be a subscription-based and "affordable service that will allow all consumers across the U.S. to enjoy the new and popular entertainment they want, whenever they choose, using the media and devices they prefer," the companies said.
Coinstar, the company behind DVD-kiosk service Redbox, today announced it would acquire NCR's entertainment business for as much as $100 million. NCR, once the central rival to Redbox through its Blockbuster Express brand, operates thousands of movie-rental kiosks which will now come under Redbox and Coinstar's control.
Many have threatened to leave Netflix. But do they have anywhere to go? Supposed "Netflix killers" in the space are going after its customers—even if they offer very different services, and in certain instances, more expensive prices.