Redbox Instant to take on Netflix with pre-Christmas launch

redbox-instantWith Netflix struggling, competing companies are beginning to smell blood in the water – and Coinstar Inc is one of the sharks hoping to capitalize. In partnership with Verizon, the company is eyeing a Christmas season release for its Redbox Instant, a streaming service that hopes to vie for some of the 24 million customers currently using Netflix. Bloomberg, among other outlets, is reporting that the service will be more focused on movies than TV shows, a move that may be an admission that Netflix has a hold on the small screen market.

The current model is in the process of internal alpha-testing, with plans for an abridged public test sometime late this fall. Ultimately, the goal is to have the service available for the Christmas season, but as of yet, we’ve been given no details on pricing.

Announced earlier this year, Redbox Instant plans to offer users rental credits for its Redbox kiosks as a supplement to its streaming service. In addition – a la Netflix – the service will debut with an associated app, allowing users to download titles onto their smartphones and gaming consoles.

The obvious game-changer here, is that the service provides a quicker way for users to obtain non-streaming titles, than does Netflix. Rather than waiting around for a DVD in the mail, Redbox Instant users will be able to rent redbox instant looks to launch for the christmas season mom and daughtercertain non-streaming titles, simply by heading to the closest Redbox and redeeming their credits.

Going forward, Redbox Instant will hope to distinguish itself from its competitors, not just in terms of content delivery, but also through its business model. Bloomberg is reporting that – instead of paying its content providers at a flat, fixed rate (like Neflix does) – the company will instead marry their payment rate to the rate of their subscribership. The fewer subscribers the service has, the less it will pay for its content; the more it accrues, the more it will pay out to its providers.

For the interim, it appears that Redbox Instant’s business model is creating enthusiasm among investors. Bloomberg has also reported that Coinstar’s stock rose 1.3 percent this friday and is up just under two percent on the year.

For now, we’ll have to see whether Redbox instant is a contender or pretender. You can bet, however, that Netflix will be watching a little more closely than most.

Movies & TV

Five awesome storylines the new Obi-Wan Disney+ series needs

Disney is reportedly planning to bring Star Wars prequel star Ewan McGregor back as Jedi Master Obi-Wan Kenobi for a solo series on Disney+. Here are five storylines we want to see in a show that puts "Old Ben" front and center.
Home Theater

HDMI ARC and eARC: What they are, and how they can simplify your home theater

HDMI ARC is one of the coolest TV features at your disposal. But if you're like most folks, you have no idea how it works, if you even know what it is at all. Here's our primer on HDMI ARC, as well as the next-generation technology, eARC.

Treat your ears to Sennheiser’s Momentum 2.0 with Amazon’s 49% discount

Amazon gives your ears a treat as it brings down the hefty $500 price tag of the Sennheiser Momentum 2.0 with a 49% discount. It may be considered a luxury but a pair can be within reach for $254.

Pick up Bose’s QuietComfort 25 headphones at their lowest price ever on Amazon

Bose is a name synonymous with quality, and its headphones are no exception -- especially its noise-canceling models. But that functionality doesn't come cheap (Bose's QuietComfort 35 II's for example), so when we see a pair of great…
Movies & TV

The future of Star Wars: All the known movies and TV series coming your way

Disney has sky-high expectations for its Star Wars universe, with plenty of plans for the franchise on the big screen and television over the next few years. Here are all the upcoming movies and TV shows, both rumored and confirmed.

Grab the Sennheiser PXC 550 and get $105 in savings on Amazon

Now is as good a time as ever to get the Sennheiser PXC 550 along with $105 in savings. Usually listing for $350, Amazon lets you off at $246 with the chance to knock off another $50 with your Amazon Rewards Visa card.
Movies & TV

Easy Rider star and ’60s icon Peter Fonda dies at age 79

Peter Fonda, the son of classic Hollywood actor Henry Fonda who became famous for embracing '60s counterculture both on and off the big screen, has died due to complications from lung cancer.
Home Theater

OnePlus is working on a range of 4K TVs ⁠— here’s everything we know so far

It's no secret that OnePlus is working on a range of 4K TVs. Heck, we've known that since CEO Pete Lau announced the endeavor in 2018. But more details have emerged since then. Here's everything we know about the OnePlus TV.
Home Theater

Don’t cash in that 401(k)! These are the best 4K TVs you can get for under $500

These days, you can land a pretty epic 4K TV for under $500. Still, sorting through the litany of options online can be both time-consuming and overwhelming. Check out our list of the best 4K TVs under $500.
Movies & TV

Who needs sunshine? Stay inside and watch the best movies on Netflix instead

Save yourself from hours wasted scrolling through Netflix's massive library by checking out our picks for the streamer's best movies available right now, whether you're into explosive action, witty humor, or anything else.
Movies & TV

Here are the best shows on Netflix right now (August 2019)

Looking for a new show to binge? Lucky for you, we've curated a list of the best shows on Netflix, whether you're a fan of outlandish anime, dramatic period pieces, or shows that leave you questioning what lies beyond.

Snag Audio-Technica wireless headphones at a sweet 20% discount on Amazon

With the increasing demand for wireless headphones, the Audio-Technica finally cut the cord and gave us the ATH-M50xBT. Normally ringing in at $199, snag the pair of studio-grade headphones at a sweet 20% discount on Amazon.
Home Theater

What is YouTube TV? Here’s everything you need to know

YouTube TV is becoming an increasingly major competitor to other streaming services. Not sure if the service might be right for you? Don’t worry, we have a guide detailing everything you could want to know about the service.
Movies & TV

The best movies streaming on Hulu right now (August 2019)

From dramas to blockbusters, Hulu offers some great films to its subscribers. Check out the best movies on Hulu, whether you're into charming adventure tales or gruesome horror stories.