Users will be able to stream movies on computers, tablets, smartphones and TVs. The Redbox Instant by Verizon app is now available for Android and iOS. The multi-platform new subscription service is available to any U.S. resident (you don't have to have FiOS TV service or Verizon-operated broadband). And unlike Netflix, which mails disks to users, Redbox makes subscribers pick up their DVDs or Blu-rays at Redbox kiosks.
Verizon announced the Redbox streaming initiative in February when it decided to partner with Coinstar, Redbox's parent company, on the venture.
Source: http://goo.gl/Q3ooX