Redbox's agreement with Verizon Communications to offer a video-streaming service call Redbox Instant by Verizon could help the disc-rental firm compete better with Netflix's digital-distribution strategy, according to Paul Davis, CEO of Coinstar, the parent company of Redbox. "We want to keep it very simple, with movies that matter," he said in an interview. "I think trying to win the war on, you know, here's another 10,000 titles -- we have to focus on what's going to be really important for us."
Two men in Great Britain are accused of stealing 50,000 music files from Sony Music, including its exclusive Michael Jackson catalog. "The attack was discovered weeks after hackers targeted Sony's PlayStation Network in April, but was only confirmed by a Sony Music representative on Saturday," according WENN.com, which is quoted by MocoNews.net.
Delta Air Lines is offering a digital-entertainment service to passengers that enables the downloading of files without paying for Internet access. Passengers can download movies to a laptop starting at $3.99 and television shows starting at 99 cents each on select flights. Smartphones and tablet computers are expected to be added to the device list later in the year.
Apple reportedly has been seeking content deals for a streaming-television service, but it seems to be failing to impress content-owning executives, Sean Portnoy writes. The installed base and changing landscape of video-content providers gives Apple little leverage to dictate terms, Portnoy writes.
Redbox, a provider of DVD rental services through more than 30,000 retail kiosks, said it plans to launch a movie-streaming service by the end of the year as it seeks to benefit from the increasing popularity of video on demand. Paul Davis, head of Redbox's parent firm, Coinstar, said the company will maintain the service through a partnership with one or more undisclosed firms. The move would pit Redbox against VOD market leader Netflix, which has 20 million subscribers.