Tuesday, March 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Now Offers A Gmail For Android Users
Jay-Z Challenges Launches Updated Tidal Music Service
Apple Offers Trade-in Program For Android, Blackberry And Windows Phones
Kingston Releases New USB 3,0 Media Reader
Amazon Starts Offering Home Services
Alibaba Signs Deal With BMG
GIGABYTE Releases ARM Server Solutions
ASUS Transformer Book Chi Available for Preorders
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > Consumer Electronics > Verizon...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, February 06, 2012
Verizon, Redbox Joint Venture To Challenge Netflix


Verizon and Coinstar's Redbox unit have formed a video joint venture to provide services aimed at competing against video rental company Netflix.

The venture's services will offer all of the simplicity of Redbox new release DVD and Blu-ray Disc rentals combined with a new video on-demand streaming and download service from Verizon (FiOS).

This venture between Verizon and Redbox will leverage Verizon's relationships with entertainment content providers, its cloud computing technologies and IP network infrastructure to distribute video on-demand content to its customers on a subscription basis.

The companies will also offer instantly available online and mobile content with immediate access to physical media through rental kiosks.

The joint venture plans to introduce the product portfolio in the second half of 2012.

"When you consider the core elements the parties bring to this venture - our powerful brands; our national rental kiosk footprint; our anytime, anywhere network presence; and our mutual commitment to customer-focused innovation - it's clear that Verizon and Redbox are a powerful entertainment team," said Bob Mudge, president of Verizon consumer and mass business markets.

Verizon did not disclose how many of its FiOS TV programming partners, if any, had agreed to make video content available for the streaming service.

Rival Netflix had 24.4 million U.S. subscribers at the end of December, while Verizon ended the year with 4.2 million FiOS TV customers. Coinstar rents out DVDs at $1 a day and Blu-Ray discs for $1.50 a day from kiosks in locations such as McDonald's restaurants and select Walmart locations.


Previous
Next
NVIDIA's 2012 Kepler GPU Lineup Exposed        All News        Apple Leads Mobile Handsets in Q4 2011
Samsung To Launch New High-end Smart TVs In March     Consumer Electronics News      AUO and Idemitsu Form Alliance For OLED

Get RSS feed Easy Print E-Mail this Message

Related News
Verizon To Sell Wireline Assets
Verizon To Sell Wireless Assets: report
Verizon To Let Users Opt Out Supercookies
Verizon Under Fire Over Smart Cookies
Verizon To Shut Down Redbox Instant Service
Verizon Sprint And T-Mobile Announce new iPhone Plans
Verizon May Launch New App Store
Verizon to Throttle "Unlimited" Data Users
Verizon Launches Rewards Program
Verizon Reports U.S. Government Requests
Verizon Wireless to buy Dish Network's Spectrum - report
Verizon Threatens Netflix With Legal Action Over Slow Video Delivery Messages

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .