Partnership

Verizon and Coinstar (Owner of DVD-renter Redbox) have announced they are partnering on a new subscription service that will combine Redbox DVD rentals with movie streaming and download from Verizon. The service is set to launch in the 2nd half of 2012. Press release with more. Following this news, Coinstar also announced they have purchased NCR’s entertainment division for $100M (NCR owns Blockbuster). The deal includes Blockbuster Express DVD kiosks, retailer contracts and an inventory of discs.

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