Sunday, February 26, 2012

Verizon and Redbox Enter Streaming Arena

Verizon has announced that it is setting up a joint venture with Coinstar and its company Redbox to provide streaming media to Verizon and non-Verizon customers. The plan has not been detailed, but will bundle DVD rentals with online streaming content. The streaming portion of the plan will not be available until the latter half of 2012.

This is only the latest entry into streaming online content. Walmart, Amazon, Netflix, Hulu and Hulu+, and others are already in the game, and more companies seem to be announcing their entry every day now. A strategic partnership with Redbox could make all the difference in Verizon's plan.

© C Harris Lynn, 2012
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