As Netflix continues to bleed customers (although that trend seems to have slowed down considerably,) Redbox has stepped in to save the day, well so we hope. The rental kiosk service will be taking a stab at video streaming options. With the success they’ve had with rentals, it was only a matter of time until the company jumped into on demand streaming. Set to be released later this year, Redbox will be available on your nearest handheld device.
Redbox will be partnering with Verizon to stream their video selection, and it appears that Verizon will be managing their service and streaming content. Though there are no set details as to how the service will work, what it will cost, or when it will launch. This is definitely an interesting one though, so we will be keeping our eye on this one.