Redbox Streaming To Battle Netflix

Redbox, the company behind the 30,000+ bright kiosks offering film rentals for as little as $1 a day, is set to take on main rival Netflix in the home movie streaming market.

Redbox president Mitch Lowe tells The Los Angeles Times that the company will begin offering subscription-based Internet streaming by the end of the year.

A monthly fee will then give consumers access to movies on multiple devices as well as discs through kiosks.

Redbox is expected to partner with another company to offer the service with and mentioned as possible partners, though no-one is confirmed as yet.