Coinstar (CSTR) Shares Higher Amid Rumor of Verizon/RedBox Service Next Year
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Shares of Coinstar (Nasdaq: CSTR) are up more than 5 percent Thursday afternoon following an earlier article on TechCrunch which suggests Verzion (NYSE: VZ) and RedBox may be planning a major partnership.
While details have not been confirmed, one source told TechCrunch the two could launch a TV and movie streaming and download Internet-based service as soon as May of next year. The rumored name for the service is "Project Zoetrope."
While details have not been confirmed, one source told TechCrunch the two could launch a TV and movie streaming and download Internet-based service as soon as May of next year. The rumored name for the service is "Project Zoetrope."
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