There's plenty of people who still like to rent movies and video games. Now that stores like Blockbuster and Hollywood Video are just about gone, the last places to rent movies and games are local mom and pop shops and Redbox.
Redbox is good or bad, depending on who you talk to. You run the risk of wasting a buck on a scratched up movie or game, and you also have to hope the Redbox has what you want, and you have to wait in line. Because there's no better time to call and ask people what movie they want to see, until you're at the kiosk with a line of people behind you.
In an effort to get their service out to more homes, and ease the pain of finding a Redbox with what you want and standing in line, Redbox is bringing it's business to the Xbox 360. Major Nelson dropped the news this afternoon that a beta program is currently underway for the service.
Redbox Instant, as it's being called, brings a monthly subscription service that will allow Xbox 360 owners to stream whatever the Redbox currently has available. The service will include a DVD/Blu-Ray package for $8 and $9 respectively, if you want more then instant streaming. You also get four one night rental token for use at your local Redbox with the service.
Those that want to sign up for the beta should click here, those that are chosen to be in the program will get their download codes "in the coming days."
Of course this makes for some competition for Netflix and Hulu, both of which are currently Xbox 360 apps. With Redbox joining the instant streaming ranks, cable and satellite TV are starting to become expensive relics of the past.