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Redbox announces that they will start a Redbox branded video streaming service sometime in 2011 with a undecided company.

Paul Davis, the CEO of Coinstar, says they are in detailed negotiations with a number of highly interested parties to launch a a streaming platform in hopes to compete with Netflix.

Don't worry, the red and white kiosk machines found at almost any Wal-Mart, CVS, or similar store are here to stay for those that aren't interested or equipped for the streaming business model.