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Verizon & Redbox Join Forces, But Will It Really Hurt Netflix? Verizon & Redbox Join Forces, But Will It Really Hurt Netflix?
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The digital streaming space is about to get more crowded as Verizon and Redbox prepare to launch their own service. Yesterday, Coinstar, Redbox’s parent company, and Verizon announced they were partnering in a new venture. The companies are combining Verizon’s video on-demand streaming and download service with Redbox’s popular DVD kiosk service.