Redbox has made some major strides in the movie-rental business, offering consumers the opportunity to pick up newly released films from a kiosk around town for just $1 per day. It has even forced Blockbuster to try a similar strategy.
But according to a report, Redbox isn't content to stick with movies.
According to Reuters, Redbox is currently in negotiations with video game developers to offer games in all the company's kiosks. Redbox president Mitch Lowe told the wire service his company is "talking early and often with the content providers of games so that we start … Read more
Good news for fans of Redbox movie-rental kiosks: the new Redbox app (free) lets you browse and reserve movies and find the kiosk nearest you. Cool.
Better news for Redbox fans: the new Red Box Free Rental Promo Codes app (from third-party developer Neese) means you may never have to pay for another movie.
The app aggregates codes from around the Internet and various promo mailings, updating them every 12 hours so you're sure to have the latest and greatest.
When you get to the Redbox checkout screen, just tap "Rent with a Promo Code," then type … Read more
VideoMate is loaded with features designed just for video rental stores. There's point of sale module that has barcode support, a backup feature, and searchable databases for inventory and customers. You can print receipts and reports, and you can export a mailing list of customers to a Microsoft Word Mail Merge. It supports networking, too.
We skipped VideoMate's manual and went straight to the setup module, which prompts you for basic information about your store. The setup module has a vast array of options for establishing your store's pricing structure. Entering data is easy, a boon for … Read more
Samsung announced on Wednesday that on-demand video services from Blockbuster and Amazon are coming to some of its home entertainment products.
Blockbuster OnDemand, which allows people to rent or purchase video content on a one-off basis, is now available on some of Samsung's high-definition TVs, Blu-ray players, and home theater systems.
According to Samsung, the service will be offered on its Series 650 and above LCD and plasma HDTVs, as well as its Series 7000 and above LED HDTVs. Blockbuster OnDemand will be available to owners of the Samsung BD-P1600, BD-P3600, and BD-P4600 Blu-ray players, as well as the … Read more
Broadband-connected TiVo DVR subscribers have access to Blockbuster's long-awaited OnDemand rental service, TiVo announced on Tuesday.
According to the company, users will be able to stream films ranging from new releases to classics. Users will be charged $2.99 for classic hits and $3.99 for new releases. Blockbuster will be adding more films over the coming weeks, including "select HD titles."
As part of the agreement, Blockbuster will also begin selling TiVo DVRs in &… Read more
As one of the most popular programs for managing music and video content on a personal computer, Apple's iTunes software has become an indispensable part of our digital life. Version 10 of iTunes brings a handful of enhancements to Apple's ubiquitous media software, though notably absent is a much-anticipated cloud music service follow-up to LaLa. By far the biggest change to the jukebox is the addition of a social functionality called Ping.
The look and layout of iTunes 10 is essentially identical to that of iTunes 9, with just a couple of noticeable differences. The first is … Read more
A Securities and Exchange Commission filing has revealed Blockbuster's plans to close up to 960 retail store locations by the end of 2010 as it attempts to makes its operation more financially stable.
According to the company's filing, it plans to close all unprofitable stores, while refocusing its efforts "to improve four-wall profitability." To do so, the company first analyzed its over 7,000 stores to determine if they were profitable or not. A whopping 18 percent of Blockbuster's stores are unprofitable. The remaining stores are profitable.
Prior to making the decision to close some of its unprofitable locations, Blockbuster planned to close 280 to 300 stores as part of a grouping it calls, "normal closures." Stores added to the "accelerated closures" category will also be closed by the end of this year. According to Blockbuster, the number of accelerated closures will equal 300 to 385 locations.
Next year will be a slightly less active year for store closures. Blockbuster indicated in its SEC filing that 2010 will bring 100 to 125 normal closures and 130 to 150 accelerated closures. By the end of 2010, it expects to have closed 810 to 960 retail locations.
As troubling as that might sound, Blockbuster spokesperson Randy Hargrove said in a phone conversation that a certain amount of measured skepticism should be exercised. According to Hargrove, these figures are not guaranteed.
"All these stores are candidate stores," Hargrove said. "Although we may in fact close that many stores, if we can renegotiate leases or remodel stores to make them more profitable, that number might go down."
But Blockbuster's closure story doesn't quite end there. Further down in the filing, Blockbuster indicated that 275 to 300 stores are subject to the company's "lease mitigation/termination efforts." Another 250 to 300 stores might be converted into outlets. If successful, that would bring Blockbuster's grand total of rental store closures to 1,335 to 1,560, or up to about 22 percent of all the stores currently in operation.… Read more
YouTube wants to offer movie rentals and is in talks with several top movie studios about obtaining licenses to stream feature films on a rental basis.
YouTube is discussing the service with Sony Pictures, Lions Gate Entertainment Corp., and Warner Bros. Studios, according to a story published Wednesday in The Wall Street Journal.
This is a natural progression for YouTube which has been engaged in a year-long campaign to secure more professionally made content. The Google-owned video company offers films on an ad-supported basis from Sony Pictures and MGM. YouTube declined to confirm or deny the Journal report.
One studio … Read more
Netflix reported strong earnings after the bell on Thursday that outpaced analyst expectations, proving once again that a down economy can't slow the Web's top movie rental service.
For the company's second quarter ended June 30, Netflix saw net income of $32 million on revenue of $408.4 million, a 21 percent increase in revenue from the same quarter last year.
The Los Gatos, Calif.,-based company paid investors 54 cents per diluted share compared to 42 cents a diluted share a year ago. Analysts on average had expected the company to report 50 cents a share … Read more