Redbox Instant, Verizon’s Netflix-killer, launches as private beta on iOS and Android

Redbox Instant is a joint venture between Verizon Communications and Redbox, a subsidiary of Coinstar that specializes in the rental of DVDs, Blu-ray discs and video games via automated retail kiosks. Today, they started gradually rolling out their service, accompanied by the iOS and Android client which lets you stream unlimited movies from their catalogue for eight bucks per month.

There’s a free trial available, too, and you also get four DVD credits to boot from. The partners do not specify how many Hollywood movies are available for streaming. What we do know is that titles from Warner Bros and EPIX are included and that Redbox Instant won’t stream television shows, at least not initially. Something tells me that Netflix should be worried. Isn’t competition good for all?