Carrier is getting into the video streaming business through a new partnership with Coinstar, the company that owns the Redbox video rental kiosk business.
Watch out, Netflix. A new competitor will soon be entering the movie-streaming business. Verizon has announced it will team up with Coinstar, the parent of DVD rental company Redbox. CNET's Kara Tsuboi reports on the details of the partnership and why Netflix needs to worry.
The maker of the ecoATM, an electronics take-back and recycling kiosk, raises money from Coinstar and others to launch in more retail locations.
Coinstar says it will post lower-than-expected earnings for the fourth quarter. Analyst Michael Pachter called the quarter "a hiccup attributable to overly aggressive guidance."