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Coinstar (CSTR) and Verizon's (VZ) Redbox Instant streaming service will commercially launch by...

Coinstar (CSTR) and Verizon's (VZ) Redbox Instant streaming service will commercially launch by the end of Q1, promises JV chief Shawn Strickland. Verizon had once predicted a Q4 2012 launch. The service currently has 4,500 movies in its library that can be viewed with a basic subscription, and a total of 7,500 after counting "transactional" titles. Netflix (NFLX) was estimated to have 35K titles in April, but that includes a lot of TV shows. Amazon recently stated it had 33K titles.
Comments (3)
  • Nice! Long $CSTR
    10 Jan 2013, 03:10 AM Reply Like
  • Small correction, I believe the analyst community misinterpreted the timing. Q4 was launch of beta testing and Q1 was always intended to be the full product launch.
    10 Jan 2013, 04:49 AM Reply Like
  • this area is getting very interesting.
    10 Jan 2013, 06:07 AM Reply Like
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