Redbox Announces Plans To Take On Netflix With Video Streaming
Amit Chowdhry | Thursday February 17, 2011 | 710 views| Add a Comment
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Mitch Lowe, Netflix, Redbox

Movie kiosk company Redbox will soon be entering Netflix’s territory by selling video streaming subscriptions. Redbox president Mitch Lowe said that there will be a single monthly fee that would allow people to watch the movies on multiple devices. Netflix has about 20 million customers for its DVD-mail and Internet streaming subscriptions. [LA Times]