GigaomRedbox Instant is shutting down October 7
A year and a half after its official launch, Redbox Instant is calling it quits. The shutdown shows how hard it is to compete with Netflix for streaming video subscriptions. Read more »
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A year and a half after its official launch, Redbox Instant is calling it quits. The shutdown shows how hard it is to compete with Netflix for streaming video subscriptions. Read more »
Redbox Instant hasn’t been able to sign up new users for three months due to a credit card fraud issue that may fasten the video service’s demise. Read more »
Although tablet prices are dropping and devices are getting smaller, competition from emerging connected devices such as wearables, phablets, and convertible laptops is slowing market growth. Read more »
Long before streaming became widely available, Blockbuster suffered two major blows that had little to do with technology per se but left the company severely weakened, both strategically and financially. Read more »
Activist investor Barry Rosenstein has bought a 14.5 percent share in Outerwall, the parent company of Redbox, for around $204 million, reports Forbes. Rosenstein, who made the investment through his Jana… Read more »
Redbox Instant is coming to Google TV devices soon, and the company plans to launch a channel on Roku streaming media players soon after. Read more »
News Corp COO Chase Carey spoke about Fox’s digital strategy in an earnings call Wednesday afternoon. The company saw strong growth in home video, thanks to digital downloads. Carey also acknowledged… Read more »
The fourth quarter saw new fissures emerge in some corners of the digital media business, while some old fissures reemerged in others. Having held off the immediate challenge of over-the-top video,… Read more »
Don’t count out DVDs just yet: That was one of the key messages that Redbox Instant by Verizon CEO Shawn Strickland had for a select group of reporters Wednesday. Strickland said… Read more »
Redbox Instant by Verizon officially launched its beta test Wednesday, offering consumers online streaming and four DVD rental credits for $8 a month. Many of these details had been reported before,… Read more »