Redbox Instant streaming service to get the ax October 7

While only a year and half old, Redbox Instant, the online moving streaming service from DVD-rental kiosk chain Redbox, will be shutting down next week on October 7th. Having launched in March 2013, in partnership with Verizon, Redbox Instant tried to differentiate itself from movie streaming giants Netflix and Hulu by offering dirt-cheap subscriptions plans, one of which combined streaming …