Redbox to stream movies next year
November 1, 2010
US movie rental vending machine company Redbox has confirmed that it will offer streaming movies over the Internet in 2011. CEO of parent company Coinstar, Paul Davis revealed a strategic plan to offer online video services, while still focusing on Redbox’s primary revenue driver, kiosk movie rentals.
Other posts by :
- Report: LEO build-out accelerates
- Analysis: Impact of AT&T on US telcos and cable
- Bezos rocket production boosted
- Musk delays Moon landing until 2027
- Hughes Satellite facing cash crunch
- Major banks support AST SpaceMobile
- Fitch downgrades DirecTV debt
- Some new US Starlink subs face $1,000 start-up fee
