HADDON HEIGHTS, NJ May, 2012 - Internet Video Archive has signed a comprehensive agreement with Verizon to provide trailers for both Verizon Fios and for Redbox Instant. Under the terms of the agreement, IVA will begin working on the required formats and delivery over the summer. Trailers will begin showing up on Fios in the third quarter of 2012 with more complete implementation by the end of the years. Verizon's Fios service is available in 13 states and has approximately six million subscribers.
IVA will also be providing trailers for RedBox Instant, an online video service that is a joint venture between Verizon and Redbox Automated Retail, LLC. The new service is in alpha testing and will be rolling out later in 2012. Redbox operates over 30,000 kiosks in the US and has rented over 1.5 billion discs to date.
About Verizon: Verizon Communications Inc. is a global leader in delivering broadband and other wireless and wireline communications services to consumers, businesses, governments, and wholesale customers. Verizon is a Dow 30 company with $111 billion in 2011 revenues. More about Verizon Fios.
About Redbox: Redbox Automated Retail LLC is a wholly-owned subsidiary of Coinstar, Inc,. It offers new-release DVD, Blu-ray, and video game rentals through its network of conveniently located self service kiosks. More about Redbox Instant.