Coinstar (CSTR) and Verizon (VZ) will launch Redbox Instant in an invitation-only beta phase...
Coinstar (CSTR) and Verizon (VZ) will launch Redbox Instant in an invitation-only beta phase this month with an official rollout planned for next year. For $8 a month, users can stream movies and select up to 4 DVDs per month from Redbox kiosks. An online store will also offer movies for rental or purchase. For now, the service appears to analyst to be only a minor threat to Netflix (NFLX), although the potential for bigger things down the road remains.
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