Redbox Instant by Verizon Unveils Details of Disc + Digital

Redbox Instant by Verizon Unveils Details of Disc + Digital Movie
Service 
Announces Streaming Content Agreement With EPIX 
Lionsgate, NBCUniversal, Paramount Pictures, Relativity and Warner
Bros. Home Entertainment to Offer Movies for Purchase (EST) and
Rental (VOD) 
Service to Launch on Leading Devices Including iOS(R), Android(TM),
Samsung(R) Blu-ray Players and TVs With SmartHub(TM), LG Smart TV and
Blu-ray Players, and Google TV 
NEW YORK, NY -- (Marketwire) -- 12/12/12 --  Redbox Instant(TM) by
Verizon, a joint venture between two market leaders, Redbox, a
subsidiary of Coinstar, Inc. (NASDAQ: CSTR), and Verizon
Communications Inc. (NYSE: VZ), unveiled further details of its
soon-to-launch service and announced agreements with Hollywood
studios and device manufacturers that will bring thousands of popular
movies to consumers at home and on the go.  
Later this month, the Redbox Instant by Verizon beta product will
launch to consumers. Priced at $8.00 per month, Redbox Instant by
Verizon offers a high value subscription package that combines
unlimited streaming of thousands of popular movies, including titles
from premium network EPIX, with four one-night credits per month for
the latest movie releases on DVD at Redbox(R) kiosks. For $1 more, or
$9.00 per month, customers can opt to redeem their four credits for
rentals on Blu-ray Disc(TM) at the kiosk.  
By combining both disc and digital movie formats, Redbox Instant by
Verizon subscriptions offer consumers access to Hollywood's newest
releases, as well as a rich catalog of popular movies, all for a
great price. Customers can also use Redbox Instant by Verizon without
a subscription and select new releases available for purchase or
rental, or simply reserve for pick up at their local Redbox kiosk
location, giving movie-lovers more choice and flexibility in how they
watch their favorite films.  
"We are building a compelling entertainment choice through our
ability to support both physical and digital distribution of movies
that people love, made possible by the depth of relationships we've
established with top Hollywood studios and distribution partners,"
said Shawn Strickland, CEO, Redbox Instant by Verizon.  
Through the agreement with EPIX, Redbox Instant by Ver
izon's
subscription customers will be able to instantly stream new releases
such as Mission Impossible: Ghost Protocol and The Hunger Games from
EPIX's studio partners, Viacom's Paramount Pictures (NASDAQ: VIA) and
(NASDAQ: VIA.B), Lionsgate (NYSE: LGF), and MGM 90 days after they
premiere in the traditional premium window.  
"Redbox Instant by Verizon will be an exciting new service for
consumers in the digital entertainment marketplace and we are
thrilled to be their partner, providing our movies from some of the
world's leading studios," said Mark Greenberg, president and CEO of
EPIX. "We have a long and successful relationship with Verizon FiOS,
which was our first distribution partner at the launch of EPIX, and
we are excited to build on that relationship with Redbox Instant. We
are confident that the movies we have will be a popular and important
part of the success of this new service." 
Movie content on Redbox Instant by Verizon will be bolstered by
electronic sell-through (EST) and video-on-demand (VOD) rental
agreements with major studios. New releases from Lionsgate,
NBCUniversal, Paramount Pictures, Relativity and Sony Pictures Home
Entertainment will be available in EST and VOD formats and will allow
Redbox Instant by Verizon to support and provide multi-screen access
to movies.  
Avail TVN, the leading multiplatform video services provider, will
deliver subscription and transactional studio content. Redbox Instant
by Verizon also previously announced a content licensing agreement
with Warner Bros. Home Entertainment. 
At launch, Redbox Instant by Verizon will be offered via the web, as
well as through home entertainment, tablet and mobile devices,
including iOS(R), Android(TM), Samsung(R) Blu-ray Players and TVs
with SmartHub(TM), LG Smart TV and Blu-ray Players, and Google TV.
More devices will be announced in the coming months. 
"Samsung's connected customers are very hungry for new services that
provide the best movies on multiple devices," said Eric Anderson,
Vice President of Content and Product Solutions, Samsung Electronics
America, Inc. "Redbox Instant by Verizon provides our customers with
the latest in Hollywood entertainment choice, control and discovery." 
Redbox's 10 years of offering customers the newest releases at great
value, coupled with Verizon's leadership in On-Demand and Digital
Distribution of movies, has set the foundation for how Redbox Instant
by Verizon will deliver content and value to the consumer. Redbox
Instant by Verizon is working with movie studios to secure the
freshest content selection, and intends to tap heavily into pop
culture events and social conversations to help influence and surface
relevant movie titles to consumers.  
Starting later this month, Redbox Instant by Verizon will open to
public beta and consumers will be invited to explore the service and
enjoy their first subscription month free. Thousands of movie fans
have already signed up at RedboxInstant.com to be among the first to
try the service and experience a fun, simple way to discover the best
Hollywood entertainment.  
To sign up for more information, visit RedboxInstant.com. Follow us
on Twitter @RedboxInstant 
About Redbox Instant by Verizon
 Verizon and Redbox Digital
Entertainment Services, LLC, was formed in February 2012 as a result
of a joint venture between Verizon Communications Inc. and Redbox
Automated Retail, LLC. A new brand, Redbox Instant by Verizon was
created to offer U.S. consumers the best of both digital and physical
worlds. All consumers have immediate access to new-release DVD and
Blu-ray Disc(R) movie rentals through more than 42,400 Redbox kiosks
nationwide and can instantly view popular entertainment content
anywhere, anytime, using the devices they prefer with a Redbox
Instant by Verizon subscription and video on-demand streaming
service. The service will be available to the public by the end of
2012. For more information, visit www.redboxinstant.com.  
About EPIX
 EPIX is the newest premium entertainment network
delivering the latest movie releases, classic library titles, plus
original films, comedy, music and sports events on TV, on demand,
online and on devices. Launched October 2009 as the first
multiplatform premium network with online accessibility for
subscribers through EpixHD.com, EPIX pioneered the development and
proliferation of TV Everywhere for American consumers. EPIX was the
first premium network to launch on Xbox consoles, first on Android
tablets and phones, first on Roku(R) players and is available to
authenticated subscribers on hundreds of devices including Apple(R)
iPads(R), iPhones(R), Samsung(R) Smart TVs and Blu-ray(TM) players
and more. Today EPIX remains the only premium service providing its
entire monthly line-up from new Hollywood hits to original programs
on all platforms and provides more movies than any other premium
network. 
EPIX is a joint venture between Lionsgate (NYSE: LGF),
Metro-Goldwyn-Mayer Studios Inc. (MGM) and Viacom Inc. (NASDAQ: VIA)
(NASDAQ: VIA.B) and its Paramount Pictures unit. It is available to
over 30 million homes nationwide through distribution partners
including Charter Communications, Cox Communications, DISH Network,
Mediacom Communications, NCTC, Suddenlink Communi
cations and Verizon
FiOS.  
For more information about EPIX, go to www.EpixHD.com. Follow EPIX on
Twitter @EpixHD and on Facebook http://www.facebook.com/EpixHD. 
Media Contacts:
Redbox Instant by Verizon
Jennifer St. Clair
Jennifer.StClair@redbox.com
323-481-6841 
GolinHarris
Katie Palasik 
(for Redbox Instant by Verizon)
kpalasik@golinharris.com
312-729-4056  
EPIX
Jamie Colunga
jcolunga@epixhd.com
212-846-1843