Redbox Instant from Verizon set to challenge Netflix and Amazon this holiday season

Dan Graziano

After months of speculation, Verizon (VZ) and Coinstar (CSTR) earlier this year announced a joint video streaming service to compete with Netflix (NFLX) and Amazon (AMZN) Instant Video. The service, called Redbox Instant by Verizon, is being tested in the homes of roughly 500 Verizon employees and is