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 [...]
In an effort to keep up with where Apple has taken the iPhone model and Netflix is delivering streaming movies, Blockbuster has inked a deal with Motorola, Inc. that has Blockbuster integrating its OnDemand application with various models of cellphones and other handheld devices.
It has not been announced when the service will be [...]
Just saw a tweet from KioskMarketplace.com that linked to an interesting article at Bloomberg.com. According to the article at Bloomberg.com today, Blockbuster CEO James Keyes said the movie-rental chain may be more aggressive in closing stores as it deploys as many as 10,000 Blockbuster Express rental kiosks by mid-2010.
Keyes blames the [...]
In this new world of DVD Kiosk video rentals the consumers are getting a great product at a great deal. But its really messing with the model that the studios have setup. Consumers are pulling $1 movies out of rental kiosks in record numbers every day. This has prompted some of the [...]
So for the past year or more, NCR and Blockbuster have tried to work through the process to create downloadable movie content through Kiosks. There have been some limited trials here and there but nothing on a larger scale yet.
Today MOD Systems announced in an interview with Video Business at the Digital [...]
NCR Corporation (NYSE: NCR) announced today that it has purchased the remaining equity in TNR Holdings Corp., the second largest DVD kiosk operator in North America, in order to expand the NCR SelfServ™ Entertainment portfolio across North America under the Blockbuster Express brand. NCR had been a minority stakeholder in the company since a [...]
Entertainment company Blockbuster’s lenders came to the rescue and have helped to keep Blockbuster viable again by amending its revolving and term-loan credit facilities. Blockbuster fell upon some concerning times when it hired Kirkland & Ellis as a consultant to assist with capital-raising initiatives. News of the hire of a facility that also [...]