Monday, April 19, 2010
ts stock may be worth pennies, but Blockbuster’s access to new-release movie rentals from Warner Home Video could be priceless. Dallas-based Blockbuster is running online banners and in-store signage underscoring availability of most recent Warner releases Sherlock Holmes and The Blind Side, both of which aren’t available at Netflix and Redbox until later this month. The financially [...]
Continue reading...Monday, April 19, 2010
With time running out for the video-rental empire, CEO Jim Keyes desperately needs Hollywood to help him remake the company so it can avoid Chapter 11 (The fourth paragraph corrects the title of Michael Lynton, the chairman of Sony Pictures Entertainment) For years, the collapse of Blockbuster (BBI) has been playing out like a slasher film in [...]
Continue reading...Monday, April 19, 2010
As Blockbuster (BBI) carries out its plan to shut down more than 500 stores this year, NCR (NCR) has begun stepping into the breach, expanding its line of Blockbuster Express-branded DVD kiosks. J.P. Morgan analyst Paul Coster asserted in a research note this morning that NCR is opening as many as four kiosks in each [...]
Continue reading...Friday, April 9, 2010
The Dallas-based DVD rental company's entire board, including CEO Jim Keyes, is up for re-election at the annual shareholder meeting May 26. Meyer in 2001 founded DVDXpress, a kiosk vendor with 1000 units he later sold to Coinstar in ...
Continue reading...Thursday, March 11, 2010
Late fees are back at Blockbuster. But these aren’t the egregious, uncapped, mother of all late fees that Dallas-based Blockbuster Inc. did away with five years ago. It says it’s simply keeping up with the competition. Also Online Latest Blockbuster news Tech blog: Blockbuster inadvertently makes case for death of DVDs Beginning this week, the largest U.S. movie rental [...]
Continue reading...Thursday, March 4, 2010
DVD Kiosks like Redbox have popping up on nearly every corner posing a threat to big time movie rental stores like Blockbuster.
Continue reading...Thursday, February 25, 2010
According to an article at Home Media Magazine NCR Corporation might be contemplating acquiring some Blockbuster properties. This comes from a statement made by NCR CEO Bill Nuti who told Bloomberg News the kiosk manufacturer was willing to spend millions to acquire third-party digital and by-mail rental properties. It is well understood that Blockbuster needs to expand out its distribution network in various ways besides their stores such as Kiosks, DVD-By-Mail, and Digital Distribution in order to remain viable. But current financial state precludes their ability properly fund those ventures. As such, they have joined forces with folks like NCR who currently licenses the Blockbuster name for use on its Blockbuster Express DVD Kiosks because of the value of the Blockbuster Brand.
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Thursday, June 24, 2010
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