News Summary: Redbox Instant takes on Netflix
NETFLIX CHALLENGER: In the next few weeks, DVD kiosk operator Redbox is launching a challenge to Netflix, offering 4 nights of DVD rentals and unlimited streaming of older movies from Warner Bros., Paramount, MGM and Lionsgate for $8 a month.
LOW PRICE: A combined DVD-by-mail and streaming plan from Netflix costs $16 a month.
LIBRARY SMALLER: Redbox has a smaller selection than Netflix. Redbox kiosks have about 200 of the top recent movies, and the streaming library will have 5,500 titles to start. Video games and TV shows are not included. Netflix has about 60,000 streaming titles and about 100,000 titles in its DVD library.