Verizon, Redbox combine to start streaming video service

USA Today Monday 6th February, 2012

Verizon (VZ) and Coinstar (CSTR), Redbox's parent, say the service will be national. It adds another leg to Verizon's quest to become a force in home entertainment, and appears set to compete to some extent with the TV services Verizon already sells. Verizon has its own cable-TV service, called FiOS, available in some areas. Its Verizon Wireless subsidiary has also signed a deal to sell service from Comcast and other cable companies in its stores.

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