Netflix and Amazon Don't Have to Worry About Redbox

By Rick Munarriz – May 16, 2013 at 9:15PM

NASDAQ: OUTR

Outerwall Inc.

Redbox Instant is starting to promote its streaming service, but it's no big deal.

Coinstar's (OUTR) Redbox Instant is getting more confident about its fledgling Redbox Instant platfrom.

Rexbox Instant -- the streaming and kiosk rental service rolled out by Coinstar and Verizon (VZ -0.68%) -- is starting to promote its free 30-day trials through Facebook (META -10.56%).

Yes, it's interesting to see Redbox as an advertiser on Facebook, because Netflix (NFLX 1.74%) CEO Reed Hastings sits on the board of directors of the world's leading social networking website operator. However, should Coinstar really be advertising this service at all? Shouldn't it wait until it has a comparable library to what Netflix and Amazon.com (AMZN -1.65%) are presently offering?

In this video, longtime Fool contributor Rick Munarriz looks at the shortcomings that Redbox Instant faces, and its hook to get noticed. It probably won't be enough.

Longtime Fool contributor Rick Munarriz owns shares of Netflix. The Motley Fool recommends Amazon.com, Facebook, and Netflix. The Motley Fool owns shares of Amazon.com, Facebook, and Netflix. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.