Verizon plans to join video streaming world

THE OLYMPIAN • Published February 07, 2012 Modified February 06, 2012

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Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.

Verizon and Coinstar Inc., Redbox’s Bellevue-based parent company, said Monday that the service will be national and available to non-Verizon customers as well.

Unlike competing services from Amazon.com Inc. and Walmart Stores Inc., the new service will combine Internet delivery of movies with DVDs, the way Netflix does. Specific details and pricing of the new plan weren’t announced..

Olympian news services

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