Redbox Announces Plans To Take On Netflix With Video Streaming

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]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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