The company's service will shut down at 11:59 PM PST on Tuesday, and users can continue to stream films or use kiosk credits for the next couple of days.
In their release, the company confirmed that the streaming service was a failure, explaining that "the service is shutting down because it was not as successful as we hoped it would be. We apologize for any inconvenience and we thank you for giving us the opportunity to entertain you."
All users who have paid for a monthly subscription but did not receive a full month of service will get a full refund. Refunds will be credited on October 24th.
Redbox added that the app for your smartphone, smart TV, set-top box or game console will go inactive and then be deleted automatically from your device.
Written by: Andre Yoskowitz @ 5 Oct 2014 20:05