Redbox Instant targets launch by year-end, blends subscription streaming and DVD rentals with VOD

Redbox Instant targets launch by yearend, blends subscription streaming and DVD rentals with VOD

The last concrete details we’d heard about Redbox Instant was that it was entering internal alpha testing, but now Verizon exec Eric Bruno has revealed more background information. Previous info indicated the service would focus more heavily on movies than the back catalog of TV shows that is a part of Netflix Watch Instantly and Amazon Prime Instant Video, and Bloomberg reports Redbox will break with their models by paying its content providers per subscriber cable TV-style, instead of a flat rate decided up front. What customers will get is a monthly subscription and allotment of disc rentals from Redbox’s kiosks, as well as access to VOD movie rentals and downloadable purchases through the service. The alpha test is currently in the hands of about 500 Verizon employees, with plans for a short public test before launching in a late November / mid-December time frame. The main unanswered question however is how much it will all cost, but knowing what we do now — how much are you willing to pay?

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Redbox Instant targets launch by year-end, blends subscription streaming and DVD rentals with VOD originally appeared on Engadget on Tue, 25 Sep 2012 03:32:00 EDT. Please see our terms for use of feeds.

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TiVo settles patent lawsuit with Verizon for at least $250 million, is ‘exploring’ Redbox Instant support

While some patent lawsuits continue to drag on, the battle between TiVo and Verizon over DVR technology has come to a resolution. In exchange for cross licensing their patents and dismissing all pending litigation, the two parties have agreed Verizon will pay TiVo $100 million up front followed by recurring quarterly payments totaling $150.4 million through July 2018, as well as monthly license fees for each FiOS DVR user above certain levels. Now that they’re no longer at war the two companies may find a few things to work together on, and there is a provision for “certain commercial initiatives” which, if pursued this year, could count as credits toward the amount Verizon has agreed to pay.

Additionally, the press release indicates they are exploring support for the upcoming Redbox Instant service (which Verizon is a partner in) on TiVo’s DVRs. This all follows TiVo’s $215 million settlement with AT&T earlier this year and last year’s $500 million agreement with Dish Network. Meanwhile, lawsuits are still pending against Cisco, Time Warner Cable and Motorola. The press release is after the break and associated filings are linked below, with any luck this infusion of cash will help TiVo on new projects like dropping the price of the Stream.

[Thanks, Dave Zatz]

Continue reading TiVo settles patent lawsuit with Verizon for at least $250 million, is ‘exploring’ Redbox Instant support

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TiVo settles patent lawsuit with Verizon for at least $250 million, is ‘exploring’ Redbox Instant support originally appeared on Engadget on Mon, 24 Sep 2012 09:19:00 EDT. Please see our terms for use of feeds.

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Redbox Instant enters alpha testing with help from Verizon (updated)

Redbox Instant enters testing with help from Verizon

It’s been a long, long road but Redbox’s streaming movie service is finally crawling towards reality. In February the DVD vending company announced a partnership with Verizon that would finally usher the Walmart staple into the 21st century. According to Fast Company, Redbox Instant will enter an internal alpha today, beginning the process of ironing out the bugs and fine tuning the offering. Heading up the joint venture will be newly appointed CEO Shawn Strickland, who served as a VP in Verizon’s FiOS division. Both physical discs and streaming media will be available as a single package, but execs have been quiet on pricing and structure of those subscription plans. Supposedly we’ll be getting more details later today, but in the meantime you can simply go visit the fist-pumping landing page at the more coverage link and sign up for more info.

Update: The official PR has hit and you’ll find a link to the PDF at the source. There’s not much more information sadly, but the portfolio of products is expected to launch later this year.

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Redbox Instant enters alpha testing with help from Verizon (updated) originally appeared on Engadget on Tue, 24 Jul 2012 10:39:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceFast Company, Redbox Instant (PDF)  | Email this | Comments