In an effort to keep pace with rival Netflix, Blockbuster has announced a partnership to offer instant access to its video library through various home and portable devices.
The movie rental company has partnered with Sonic Solutions to offer more than 10,000 movies for rent and sale to a variety of PCs, cell phones, portable media players, Internet-connected televisions, and Blu-ray disc players. The collection of offerings will be a combination of titles from Blockbuster and CinemaNow, a movie downloading service that Sonic recently purchased.
"Blockbuster is a ubiquitous entertainment presence in the physical world. Through this alliance … Read more
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Blockbuster and Microsoft are working together on an effort to use Live Mesh as a means to give consumers a way to reach their video content from a variety of devices.
A Microsoft representative said on Monday that Microsoft's Live Services team is working with Blockbuster on "building some demo Mesh apps."
It's the latest tie-up between the companies. Blockbuster is already one of the early customers for Microsoft's Exchange Online hosted e-mail service.
On this week's installment of the Digital City, it's the post-Black-Friday special, where we discuss the latest economic woes, our holiday wish lists, Black Friday vs. Cyber Monday, the new MTA text alert system, and Blockbuster's lastest idea--a set-top streaming movie box.Listen now: Download today's podcast
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Blockbuster has finally joined the group of companies that have entered the movie set-top box arena with the release of the 2Wire MediaPoint player. For a limited time, the device will be offered for free with the advance rental of 25 films for $99.
Sounds interesting, right? Think again. Vudu already offers the same basic service and the Apple TV allows users to download films directly to the device without a problem. But most importantly, Netflix is bringing its own streaming service to a slew of devices, like the Roku Netflix box and the Xbox 360. The Roku box has been available for months.
And now, as Blockbuster and its brick-and-mortar business feels the pressure from Netflix's mail-order business and countless streaming offerings across the Web, the company is just breaking into the set-top box market?
Call me crazy, but if you're an executive at a company that is clinging to the past and trying desperately to turn a business around that has been hammered from all sides by competitors that offer a more compelling service, wouldn't you want to be first to the market?… Read more
When 2Wire introduced its MediaPoint set-top box just two weeks ago, we told you that "it'll be a matter of weeks--if not days--before you see a yet-to-be-named service provider offering its own version of the MediaPoint, possibly at a sub-$100 price point." The curtain has been pulled back, and that initial provider turns out to be Blockbuster Video. For a limited time, the once-dominant movie rental chain is offering its version of the MediaPoint box for just $99, which includes a credit for 25 movies--effectively making it free. … Read more
Netflix reduced its guidance for fourth-quarter revenue and subscribers on Monday, noting that the economic climate may be taking its toll on its movie rental business.
Shares of Netflix plummeted 13 percent in intraday trading, to as low as $25.19 per share.
In sizing up the fourth quarter, which began this month, Netflix is forecasting weaker than anticipated results. The number of subscribers is expected to be in the 8.95 million to 9.25 million range at the end of the year, compared with the company's earlier forecast of 9.1 million to 9.7 million.
Revenue, … Read more