Redbox On the spot’s streaming video service shuts down on October seventh

Redbox Instant's streaming video service shuts down on October 7th

In case you thought that Redbox Prompt would have hassle competing towards a streaming video behemoth like Netflix, you have been proper. The Verizon-backed service is telling clients that Prompt will shut down simply earlier than midnight on October seventh, roughly a yr and a half after it received off the bottom. Do you have to be a buyer, you will get a discover about any related refunds on October tenth. The closure is not solely shocking — Outerwall (Redbox’s father or mother firm) wasn’t proud of On the spot’s subscriber numbers, and a bank card fraud incident prevented it from taking new clients for 3 months. Nonetheless, this is not excellent news in case you appreciated Redbox’s distinctive hybrid of on-line and kiosk-based mostly leases.

[Thanks, Mike]

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Redbox Instant's streaming video service shuts down on October 7th

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