Redbox Instant by Verizon Launches $8/month Service This Month

RedboxRedbox Instant by Verizon, a joint venture between Redbox and Verizon Communications, has just unveiled more specifics around the soon-to-launch service, with various deals in place with major Hollywood studios, channels and device manufacturers. Redbox Instant will launch as a beta service this month, landing with an $8.00 per-month subscription price as it looks to claim a piece of the Netflix pie. The service will offer unlimited streaming for thousands of movies, including titles from premium network EPIX, thanks to a deal announced today. It will also include four one-night credits per month for the latest DVDs at Redbox kiosks. You can throw another $1 on the subscription fee to redeem these credits for Blu-ray Disc rentals instead. Read the full story at The Next Web.