Redbox Instant, a streaming video service operated by Verizon Communications Inc (VZ.N) and Outerwall Inc's (OUTR.O) Redbox, will shut down next week because the venture has not been as successful as hoped, the two companies announced Saturday.
Outerwall Inc
Breaking News
Activist investor Jana Partners LLC had reported a 13.5% stake in Outerwall Inc. and said it was exploring options including a possible sale, according to a Reuters report.
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