Verizon and Redbox team up for movie streaming

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The way this new service may work, termed “Project Zoetrope” for now, is you’ll pay for credits prior to purchase, and then use those credits to attain your desired content. My guess is, you’ll spend a credit on a streamable rental, and then have access to it for the next 24 hours. Below is a device compatibility chart that seems to confirm platforms and services offered. The most interesting feature, that Netflix doesn’t offer, is Live TV. It doesn’t seem like this project will launch with it, but definitely suggests it as a future possiblity.

It’s still too early to tell when we may see the actual app, or even if it will be exclusive to Verizon Wireless customers. Hopefully not, because limiting such a service will drastically minimize subscribers. I also don’t see the app as a feature worth jumping carriers for, especially when Netflix streams HD video to my devices already.
[via Phandroid]