The Verizon and Redbox Joint Venture is Hitting This August

Posted Wed Feb 29, 2012 at 07:00 AM PST by Dick Ward

We'll be seeing what the pair has to offer very soon.

Netflix is in a very nice place right now. The company has some competition, but nothing that's threatening to usurp it, at least when it comes to streaming content. The DVD and Blu-ray side of the service is lacking due to a lack of focus on the company's part but also partially due to the convenient and inexpensive Redbox.

Now that Redbox is entering the streaming game along with its partner Verizon, things may get very interesting indeed. Exact details are still a bit of a mystery, but Verizon CFO Fran Shammo did reveal one thing - the service will launch this August.

We'll have to wait and see to find out if this combo can really compete in the current environment, but at least we won't have to wait too terribly long.

Source: Home Media Magazine

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Tags: Netflix, Verizon, Redbox (all tags)