Redbox Instant by Verizon happens to be a special kind of joint venture between two market leaders in their respective fields, and plans have been unveiled concerning its upcoming service as well as announced agreements with Hollywood studios alongside device manufacturers which ought to see thousands of popular movies to consumers at home in addition to those who are on the go.
Later this month, the Redbox Instant by Verizon beta product will eventually arrive in time for consumers, with a $8 monthly price tag attached to it. Redbox Instant by Verizon will be able to deliver a high value subscription package which will combine unlimited streaming of thousands of popular movies, where among them include titles from premium network EPIX, in addition to a quartet of one-night credits each month when it comes to the latest movie releases on DVD at Redbox kiosks. If you decide to “invest” an additional dollar each month, resulting in a monthly fee of $9, then you have the option to redeem four credits for rentals on Blu-ray Disc at the kiosk.
Merging both disc and digital movie formats would see Redbox Instant by Verizon subscriptions deliver access for the masses to Hollywood’s newest releases. Sounds like quite a bargain, and how far can $9 get you these days anyways? [Press Release]