After sparking speculation by asking customers whether they would be willing to pay a monthly fee for unlimited streaming last spring, Redbox' owner has now confirmed it is planning a movie streaming service.
During a conference call yesterday, Coinstar CEO Paul Davis confirmed that Redbox does have its own plans in the space. He said that Redbox will be working with a partner to deliver a movie streaming service but did not elaborate on who the company is in negotiations with or what kind of a payment structure would be in mind.
The company will launch the Redbox-branded service in 2011 if all goes well. It will either be an unlimited service for a fee like that offered by Netflix, or it could go the iTunes and Amazon route with a Video on Demand service instead.
Last spring, customers were asked if they would be winning to pay a monthly fee of $4 for unlimited streaming and up to 4 DVD rentals per month.
The company will launch the Redbox-branded service in 2011 if all goes well. It will either be an unlimited service for a fee like that offered by Netflix, or it could go the iTunes and Amazon route with a Video on Demand service instead.
Last spring, customers were asked if they would be winning to pay a monthly fee of $4 for unlimited streaming and up to 4 DVD rentals per month.
