Redbox Instant is almost here, will be $8/mo just like Netflix

After months of negotiating, Verizon and Redbox will be launching Redbox Instant later this month, at only $8 per month, putting it at the exact same price as competitor Netflix.
Verizon and Redbox teaming up to create a Netflix competitor by early 2012

Lots of companies have been trying to get a piece of the Netflix pie for a while, and it’s been rumored that Verizon wanted to make moves on Netflix’s turf, and it looks like they’ve found the partner to do it. Some time in early 2012, Verizon and automatic DVD dispenser service co. Redbox will be launching some sort of Netflix rival.

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