Verizon and Redbox have set up a joint venture to launch a service called Redbox Instant. Redbox Instant is being rolled out in private beta mode. The service has unlimited streaming movies with 4 DVD credits and a free one month trial. Redbox Instant will cost $8 per month and is competing directly against Netflix.
Redbox Instant will be available through desktop web browsers, iOS, Android, Samsung Blu-Ray players, TVs with SmartHub, Google TV, and LG Smart TV. More devices will be announced going forward. Redbox Instant will launch exclusively with streaming movies first.