Welcome to Your Daily Spot! Support us and become a Pro.
  Your Daily Spot
  Your Daily Spot
  • Hub
    • Animes
    • Cartoons
    • Tech
  • Apps
  • Video Games
    • Action
    • First-Person Shooter >
      • Call Of Duty Tips & Tricks
      • Destiny
      • Call of Duty®: Advance Warfare
      • Counter Strike >
        • CS:GO Video
    • Racing
    • Simulation
    • Sports
    • Strategy
    • Online Games >
      • MapleStory
    • Vainglory >
      • Find Allies
      • ShinKaigan
  • News
    • Apple
    • Entertainment
    • Gaming
    • Tech
  • About Us
    • Blog
    • Partners >
      • Apply
  • Contact
    • Team
    • Discord
  • Upcoming
  • Deals
  • Pro

Headline of The day!

Redbox Instant streaming video service shutting down on October 7th

10/7/2014

Comments

 
Picture
Netflix's grip on the streaming video market is tightening. Today, Redbox Instant announced that the service will be shut down in just a few days, on October 7th. The service, which went live last year as part of a partnership between Verizon and Redbox parent company Outerwall, has struggled to lure subscribers away from competing streaming sites like Netflix and Amazon Instant Video. The companies never disclosed subscriber data, but the service had been operating at a loss, and earlier this year the site shut down new signups as a precautionary move after revelations that hackers were using data to perpetrate credit card fraud.
Like other competitors, Redbox Instant didn't try to go toe-to-toe against Netflix in the unlimited streaming video market — instead, it sought to combine a smaller selection of on demand streaming titles with a handful of monthly vouchers to rent DVDs and Blu-rays directly from Redbox kiosks. However, the novel combination of streaming titles and always-available local disc rentals failed to attract a significant number of subscribers. Plans started at $6 per month.
© 2014 http://www.theverge.com/2014/10/4/6908181/redbox-instant-streaming-video-service-shutting-down-on-october-7th
Comments
comments powered by Disqus

    Headlines


    Picture
    Instagram launches redesigned app and icon
    Picture
    Warner Bros. will release 35 4K Blu-ray movies this year in glorious HDR
    Picture
    Samsung's new Tizen-powered remote could rule your smart home
    Picture
    FAA announces drone owners must register by February 19th, 2016

    Archives

    May 2016
    January 2016
    December 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014

    Categories

    All
    4K
    5K
    Anime
    Apple
    Apple Music
    Apple Watch
    Apps
    Entertainment
    Ferrari
    Funny Videos
    Gear S
    Google
    Headline
    HP
    IMac
    IOS
    IPad
    IPhone
    Lamboghini
    Microsoft
    Nexus
    Nokia
    OS X
    Pranks
    Samsung
    Samsung Galaxy
    Sony
    Tech
    Tech Toys
    TV
    Video Games
    Vizio
    Windows 10
    Xiaomi

Copyright © 2014-2016 Your Daily Spot. All Rights Reserved.
v2.1.4 August 11, 2015
Terms of Service
Sitemap