How a Netflix-like service from Verizon and Redbox might work

With cable subscriptions beginning to decline, everyone wants in on streaming. Though it’s late to the game, Verizon is teaming with Redbox (owned by Coinstar) to create a Netflix hybrid service that would offer Redbox DVDs and streaming movies over a Verizon video subscription service. The new service should launch (or be unveiled) later this year (second half of 2012).