Redbox is planning a Netflix-like subscription streaming movie service, could partner with Amazon or Walmart

According to Company Town, Redbox prez Mitch Lowe informed analysts yesterday that its upcoming online movie service would be subscription-based like Netflix and Hulu Plus instead of charging per-movie like iTunes, Zune or Amazon VOD (we can guess why.) Users would pay the monthly fee to stream to various devices (perhaps to the new iPhone and Android apps) and access discs at the kiosks. Lowe mentioned Redbox would have a partner in the service and while previous rumors pointed to CinemaNow, the Seattle Times suggests Walmart / Vudu and Amazon -- rumored to be launching a subscription service of its own this month -- as possibilities. Meanwhile, in its existing disc based business, word is Disney has decided to raise the amount it charges Netflix and Redbox for each DVD to the full wholesale price, although they'll still be available the same day the DVDs go on sale.

Redbox is planning a Netflix-like subscription streaming movie service, could partner with Amazon or Walmart originally appeared on Engadget on Thu, 17 Feb 2011 05:08:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/02/17/redbox-is-planning-a-netflix-like-subscription-streaming-movie-s/

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