The following video is part of our "Motley Fool Conversations" series, in which technology analyst and editor Andrew Tonner and consumer goods editor and analyst Austin Smith discuss topics across the investing world.
In a recent announcement, telecom heavyweight Verizon and movie rental specialist Coinstar informed investors they intend to launch a new content streaming joint venture. The implications for the broader entertainment industry could be huge. Verizon has a large base of captive users to whom it could market such a service. Coinstar brings its flagship Redbox brand name and its relationships with content companies. Moreover, this further illustrates how established tech names believe the streaming phenomenon is here to stay.
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