Microsoft scored a console exclusive agreement to keep Redbox Instant off of the PS3 and Wii U.
Microsoft's Major Nelson blog has revealed that the "Redbox Instant" video service by Verizon is coming to the Xbox 360 "in the very near future." The Xbox 360 is the exclusive gaming console launch partner, which means Sony (PlayStation 3) and Nintendo (Wii U) can do nothing but sit on the sideline and wait their turn. If you're already a Redbox Instant beta participant, keep your eyes peeled for an email with a unique code to access the app on Xbox 360 in the coming days.
A Redbox Instant subscription includes unlimited streaming of movies, along with four DVD or Blu-ray credits redeemable for one-night rentals at Redbox kiosks. Subscriptions are free for the first month and then run $8/month for DVDs and $9/month for Blu-rays.
If all you're interested in is the occasional rental, Microsoft says you'll be able to purchase and rent the newest digital releases without a subscription.