Coinstar Vows 'Expanded Content Offerings' Via Verizon Deal

Coinstar’s new venture with Verizon gives it a long-sought digital streaming and download service, but whether that can be parlayed into wireless video business remains to be seen, analysts said. The deal with Verizon will allow Coinstar to offer "expanded content offerings and great flexibility for how and when they enjoy entertainment," Coinstar CEO Paul Davis said in a prepared statement.

Whether and how the content might extend to wireless is still being finalized, a Coinstar spokesman said. Verizon wireless customers are subject to download caps that could put a damper on wireless video, analysts said. "As for speculation that Verizon might offer a full-fledged wireless video service via Coinstar, Verizon's current LTE plans are capped at 2 to 5 GB of usage per month, enough for ... Log in to view full article.

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