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we said that Verizon and Redbox were teaming up to release a new video service that could rival Netflix. We also said that the yet to be announced service will be introduced sometime in the second half of this year. But it looks like the time is ripe for Verizon to unveil the said service. Finally it's got a name - Redbox Instant.

Redbox Instant by Verizon smaller catalog than netflix -- not a lot of shows -- movies being core focus

Redbox now renting Blu-ray in many areas

Redbox looking to rival Netflix with a possible web streaming service. 

Good move for them - they've got a nice little business model right now, but it's not going to last.

redbox offers discounts between $0.10- $1 for foursquare checkins

"Fast-growing Internet services like Netflix Inc. (NFLX), online movie purchases and DVD rentals from Redbox kiosks lifted U.S. home-video spending in the third quarter, countering the continued drop in DVD sales. Total sales rose 0.2 percent to $3.94 billion, the industry-backed Digital Entertainment Group said today in an e- mailed statement. Revenue from subscription streaming more than doubled while online purchases of movies and TV shows rose almost 38 percent, the group said."

Send Redbox gifts

You'll be given 60 seconds to answer five questions, each worth a 10 cent discount. You can use two different lifesavers in case you're stuck, or just skip to a new question. Although the discount is limited to once per day, you can play the trivia for fun as much as you'd like.

Verizon and Redbox teaming up

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redbox is rewarding check ins with discounts you can immediately use

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