Netflix seems to have some competition heading its way now that Redbox and Verizon’s joint venture, Redbox Instant, is about to make its debut. Redbox Instant is still currently in private beta testing, but all seems to be going well with the testing and it could be released as early as December 17th.
Redbox Instant streaming will start off at $6 a month making it $2 cheaper than Netflix. For $6 you’ll have access to Redbox Instant’s video streaming library which will debut with a selection quite smaller than Netflix’s library.
You will also have the option of paying $8 a month for the service and with that extra $2 you will have 4 Redbox DVD rental credits per month to be used at your local Redbox kiosk. You can reserve those DVDs via the Redbox Instant app or through their website. Those 4 Redbox DVD credits however do not rollover to the next month.
One significant feature Redbox Instant will have over Netflix is the ability to rent newer titles for an additional fee. Redbox will have a video-on-demand streaming service for newer titles starting at $0.99, so you won’t have to wait months before it arrives on Netflix. You can download the rental straight to your device for offline viewing.
Another significant feature that Redbox will have is the ability to purchase certain titles on sale, which also starts off at the $0.99 price point.
Redbox Instant will be available on Android, iOS, the Xbox 360, certain Samsung TV’s and Blu-ray players. You will be able to register up to 5 devices to one account.
So what do you think? Will you subscribe to Redbox Instant when it debuts later next month?