Cord-cutters now have another website they can visit to catch up on TV shows for free. Redbox recently launched a basic online streaming service, entering a crowded field of ad-supported live entertainment offerings on the internet. The company best-known for its DVD kiosks quietly added a video viewing tab to its website called “Free Live TV.”
Redbox has chosen TiVo to deliver engaging, personalized content experiences to its customers via its Personalized Content Discovery platform. Redbox offers new-release movie and video game rentals with more than 41,500 kiosks nationwide and a new streaming service, Redbox On Demand. Redbox is deploying TiVo’s Personalized Content Discovery platform, including Search, Recommendations and Insights, to […]
Investment firm Apollo Global Management is set to acquire the Washington-based Outerwall, owner of struggling DVD-rental kiosk chain Redbox, for $1.6 billion. Apollo, which is headquartered in New York, will acquire Outerwall’s outstanding shares of common stock for $52 per share.
Unable to make headway in competing against Netflix, Verizon Communications and Outerwall’s Redbox unit said Saturday they will shut down their streaming-media joint venture, Redbox Instant, early this week.
The future of TV is a patchwork of digital services rather than cable providers dominating markets around the country, panelist after panelist told the audience at Ad Age’s Digital Conference Wednesday. Of course, the speakers in question — CEOs of the growing disruptors Aereo, Redbox Instant By Verizon and Hulu — have big stakes in the outcome. But so do the big broadcasters trying to sue Aereo out of existence or the consumers clamoring for more choice and lower bills.
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Later this month, Redbox will offer an unlimited streaming-video plan that includes movies from Warner Bros. and pay TV channel Epix, along with four nights of physical DVD rentals, for $8 a month, or $9 a month if customers want Blu-ray discs. The offering is a direct attack on Netflix Inc. and is priced even lower than the $10-a-month DVD and streaming plan that Netflix abandoned a year ago.
Verizon and Coinstar Inc., Redbox’s parent, said Monday that the service will be national and available to non-Verizon customers as well. It adds another dimension to Verizon’s quest to become a force in home entertainment, and will compete with Netflix.
Reports of a new subscription service that would compete with the likes of Netflix and Hulu caused Coinstar stock to jump 8%.
Analysts say Netflix Inc.’s higher prices, which kicked in today, are likely to drive business to video rental chain Blockbuster and other home entertainment rivals too, but none are better positioned to take advantage of the disruption than Redbox.
For the disgruntled bunch, or those looking to expand their media-consumption horizons, there are a growing number of options for watching movies and TV shows online, on DVDs or through cable TV’s on-demand services.