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Rumors emerge about the Redbox Verizon Streaming Service

There will be a new Netflix Instant competitor by the end of the year. However, will what they offer be enough to steal customers away or convince new ones to sign up?

Every time I go to the grocery story (I'm not kidding, this happened last night) I am mildly surprised to see multiple people in line to order Redbox movies. I know they are cheap as hell and an incredible deal but I have become so accustomed to streaming all of my video content I forget there are other ways to consume movies. It took awhile to catch up, but now Amazon Instant Video has pretty much everything and more than a Redbox Kiosk so I have become the sucker that pays $4 for a 24 hour movie rental instead of $1.

While it seems that Redbox has a fairly successful business model, they are expanding into the streaming world as well. For the first time, it is likely that Netflix Instant will have a significant competitor. Redbox Instant by Verizon is set to launch by the end of the year, but there are no details yet as to on exactly what date. Redbox and Verizon have kept many details very quiet but there are some things we do know and some that are rumored. The guys over at Gigaom, did some digging and found answers on a help site that has since been locked to the public. Of course any of this can change, but here are some things they found out:

  1. The service will likely cost less than Netflix's monthly subscription rate at around $6. However, before you get too excited, keep in mind that it has taken years for Netflix to build up the library they have and even their Instant service could use the addition of a lot of content.
  2. There will be a mixed membership option that will allow a specific number of credits for rentals of physical Redbox DVDs each month.
  3. VOD rentals will be available for newer titles at differing prices and this part of the service will be more similar to Amazon Instant Video.
  4. The service will be available onn the web, Android and iOS devices, the Xbox 360 and select Samsung TVs and Blu-ray players. There are some HUGE devices missing here, mainly Roku and PlayStation and while I am sure they are working on those deals, they should make that happen...and fast.

As I mentioned, I am more and more interested in streaming content online and am excited to hear details about any new services available. While Netflix has mostly been the sole provider for film and television series that offers a monthly subscription service, I am not necessarily loyal to the brand. They have made some mistakes and I would be happy to change to another provider. However, I hope that Redbox Verizon Instant keeps in mind the most important thing when launching this new service - great content. If they do not provide a substantial library of content that isn't available elsewhere, it is going to be difficult to convince me to switch to another service. While the DVD rentals might be nice for many, anyone that is already streaming video is likely to have a device to play VOD and the libraries of Amazon and Netflix might make this option on their service obsolete.

What are you guys thoughts? Anything about this new service intriguing to you? Are you ready to jump off the Netflix Instant ship?

Tylea002on Nov. 30, 2012 at 12:25 p.m.

Multiple online library services are the worst; it leads to huge exclusivity wars which benefit no one.

The sighing.

MrMazzon Nov. 30, 2012 at 12:58 p.m.

Begun the Streaming War has

Having more choices (theoretically) should be a good thing for consumers but cmon the studios don't want to sign licensing agreements with major telecoms or Netflix. They much rather cut those parties out. Maybe in the long run we get some interesting battles for content. What is and isn't exclusive will be interesting.

Hopefully each side gets a giant library and we all win...but we won't cause were the consumer.

FinalDasa staff on Nov. 30, 2012 at 1:10 p.m.

Straight up stolen!

And much better written!

staceywi staff on Nov. 30, 2012 at 1:12 p.m.

@FinalDasa: Hahah...I actually hadn't even checked the forums since I was in the middle of writing. Let's chock this up to great minds think alike!

FinalDasa staff on Nov. 30, 2012 at 1:22 p.m.

@staceywi: Excuses! Also that would imply both of us are great minds. You clearly did a lot more work than I did lol

Kinda sucks this isn't on a Roku. I recently got one and love Netflix on it compared to how I was using Netflix before, the Xbox.

So for me this comes down to content, needs to be comparable to Netflix's, and use. If I can't use this along with a bunch of other services, meaning if I have to specifically turn on one device over the one I might be using in order to use Verizon's instant streaming, I won't be getting this.

Streaming is about convenience. If I can't hit a few buttons and find something to watch and then watch it, if it's any kind of hassle to use your service, then why should I pay for it?

-chapel-on Dec. 2, 2012 at 8:54 a.m.

the big drawback to netflix is the content.....most of the stuff on there I have already seen before. its kinda annoying that I have to dig through the site to find a gem to watch.....

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