Redbox Instant release date: Verizon service to launch by holidays

After months of speculation, Verizon (VZ) and Coinstar (CSTR) earlier this year announced a joint video streaming service to compete with Netflix (NFLX) and Amazon (AMZN) Instant Video. The service, called Redbox Instant by Verizon, is being tested in the homes of roughly 500 Verizon employees and is set to become available by the end of the year. Eric Bruno, Verizon’s vice president of strategy and planning for consumer and mass business markets, said that Redbox Instant will initially

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