Coinstar (CSTR +2.3%) and Verizon's (VZ +0.2%) Redbox Instant streaming JV has struck a deal...

|By:, SA News Editor

Coinstar (CSTR +2.3%) and Verizon's (VZ +0.2%) Redbox Instant streaming JV has struck a deal with Microsoft (MSFT +0.5%) to make the Xbox 360 the JV's exclusive console platform. Redbox Instant, whose launch has been delayed from Q4 '12 to the end of Q1, will presumably get some free marketing as part of the deal. Netflix (NFLX -0.7%) is available on all three major home console platforms.