Redbox Instant Shutting Down

I have had a Redbbox Instant account for a couple of months, and was actually on the verge of canceling it. The only reason I decided not to, was that I had been getting 4 free video rentals per month and the kids had been using the service off an on. This morning I received the following notice.

Thank you for being a part of Redbox Instant by Verizon. We’re reaching out to let you know that the service will be shut down on Tuesday, October 7, 2014 at 11:59 p.m. Pacific Time.
You will receive a separate email from us on Friday, October 10 with details regarding refunds you are owed. For additional information, please click here.
In the meantime, you may continue to stream movies and use your Redbox kiosk credits until Tuesday, October 7 at 11:59 p.m. Pacific Time.
Thanks again for being a Redbox Instant by Verizon customer. We apologize for any inconvenience and thank you for the opportunity to entertain you.
Sincerely,
The Redbox Instant by Verizon Team