Verizon's Redbox venture shows it's serious about OTT service

Verizon (NYSE: VZ) may be "an insurgent provider in the interactive video space," but its newly announced joint venture with Redbox, which allows consumers to rent movies at kiosks located outside of grocery stores, is all about expanding its own video service horizons. Jim O'Neill, the editor of FierceIPTV, examines the new venture in his editor's corner this week. Is Verizon really challenging online video leader Netflix, or is this a natural progression toward the concept of a virtual MSO? Read more...