The Netflix-like (NFLX) online video service Verizon (VZ) is reportedly working on will be...

|By:, SA News Editor

The Netflix-like (NFLX) online video service Verizon (VZ) is reportedly working on will be launched in May in partnership with Coinstar's (CSTR) Redbox, claims TechCrunch. Internally called Project Zoetrope, the service will feature both streaming and downloading, and will support a variety of devices. Unlike Netflix, subscription pricing will be based on "credits" rather than all-you-can-eat usage.