So it's finally happened.  After months of waiting, we'll finally get to here more about Redbox's plans to move into the streaming/subscription service game.  It was only a matter of time before Redbox, arguably Netflix's biggest competitor, moved into the online market.  Now Redbox finally has, and has brought on a friend to help them: the biggest cell phone company in the United States of America—Verizon Wireless.  Read more about this potentially huge partnership after the break.  

An all new web-based service is offering to take your un-edited videos and do it all for you, automatically by a computer and ready to share with the world in only a matter of minutes.  Maybe next they'll shoot it and everything for you too!

With DirectTV soon to launch a new VOD service called Home Premium (a service that would allow subscribers to view movies a mere 2 months after hitting theaters), 23 high-profile directors, including James Cameron, Peter Jackson, and Michael Bay have banded together.  They've written an open letter denouncing the service, and presenting a call to arms for all the creative community.

Great news for the financially embattled movie company MGM, as the movie studio has released a press statement today proudly claiming their restructuring plan has become effective.  What this means is that the company is no longer in bankruptcy and as part of the deal, the new CEOs (from Spyglass Entertainment) walked away with $500 million in spending money to fund new projects.

Dish recently launched a new film channel called The 3 from Epix.

In a sweeping move, the US Government has shut down seven websites involved in pirating movies (like Toy Story 3 and other new releases) and offering them for free to their users only hours after theatrical releases.

As part of Best Buy's new collaboration with Universal Pictures for the July 9th Despicable Me release, Best Buy has announced a first of it's kind mobile app designed to enhance the movie theater experience.

Looks like the kiosk based movie rental service is stepping into the next generation of media.

Well it isn't an all powerful control like the title suggests but it's more control than an outside company has ever had over you TV before.