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Look Out, Netflix! Her Comes Verizon & Redbox!
By Swanni

Washington, D.C. (December 8, 2011) -- Verizon may be planning to launch a service next spring that would compete directly with Netflix and could involve a partnership with Redbox, according to several news reports.

Reuters reported Tuesday that Verizon was negotiating agreements with media companies for the right to stream their content. The wire service added that Verizon was interested in launching a streaming offering in areas outside of its FiOS TV markets. For instance, if you could not subscribe to FiOS where you live, you could subscribe to Verizon's Netflix-like streaming service.

And TechCrunch, the AOL tech site, reports this morning that Verizon is also planning a partnership with the kiosk company, Redbox, to launch a streaming service in May of 2012. Redbox, which now rents DVDs and Blu-ray discs for $1-$1.50 a night, has been vague about its future streaming plans. But the Verizon partnership could be part of the company's plan to compete directly with Netflix in both the hard media and streaming categories.

TechCrunch says the Verizon/Redbox service is being called "Project Zoetrope" internally and it will be both a subscription and streaming service available on such platforms as Google TV, XBox, Roku, Android, iOS and perhaps Blu-ray players.

The web site says the service would stream in both SD and HD in each device. Pricing would be monthly and it could include a combination of renting hard media discs and streaming videos, much like Netflix.

What do you think? Offer your comments below!

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