Andre Yoskowitz
13 Dec 2012 15:10
Redbox has launched its new Netflix rivaling streaming service.
Dubbed Redbox Instant, the service will debut in beta this month and go live in 2013. The service will cost $8 per month, the same as Netflix.
Additionally, users get four free DVD rentals per month from the company's thousands of kiosks. If you prefer Blu-rays, the service is $9 per month instead of $8.
For launch, the company has signed a deal with Epix, the content provider owned jointly by Metro-Goldwyn-Mayer, Lionsgate and Paramount. Epix is available through Netflix and Amazon Prime, as well.
Redbox Instant is a joint venture between Redbox and Verizon, with Verizon owning a majority share. The company has a lot of catching up to do, starting with 5500 movies and TV episodes and no original programming.