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Verizon starting streaming service with Redbox

Originally published: February 6, 2012 9:45 AM
Updated: February 6, 2012 11:36 AM
By THE ASSOCIATED PRESS

Quick ReadThe service will be national, adding another leg to Verizon's quest to become a force in home entertainment.

Bob Mudge, right, president of Verizon Consumer and

Photo credit: AP | Bob Mudge, right, president of Verizon Consumer and Mass Business Markets, and Paul Davis, CEO of Coinstar Inc., Redbox's parent company, said Monday they will start a video streaming service this year. (Feb. 6, 2012)

Challenging Netflix, phone company Verizon Communications Inc. says it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks.

Verizon and Coinstar Inc., 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 looks set to compete to some extent with the cable-TV...

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