Redbox to take on Netflix with video streaming

Trefis submits: Redbox is a division of Coinstar (CSTR) that offers movie rentals via DVD kiosks. Redbook recently announced plans to launch an online streaming service in competition with Netflix (NFLX), which is well established in the streaming video market.

By StreetAuthority: By David Sterman

TechCrunch submits: By Matt Burns

Did they learn nothing from Netflix? Coinstar, which operates the RedBox DVD rental kiosk chain, this afternoon announced that it is raising the daily rental prices for DVDs to $1.20, from $1. (Which obviously is a 20% increase.) The company is not changing prices for rental of Blu-Ray titles or video games. ?We remain committed ...

Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.Verizon and Coinstar Inc., Redbox's parent company, ...

Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks. Verizon and Coinstar Inc., Redbox's parent, say the service will be national and available to non-Verizon customers as well.» E-Mail This     » Add to Del.icio.us

Trefis submits: Netflix (NFLX) is an online movie streaming company that competes with cable and satellite operators like Time Warner Cable (TWC), Comcast (CMCSA), Dish Network (DISH) and DirecTV (