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Blockbuster

In Fight Over DVD Window, Warner Bros Cuts Off Blockbuster From New Films

Oct 27, 2011 12:44 PM

Warner Bros. (NYSE: TWX) has refused to give DVD rentals chain Blockbuster (NSDQ: DISH) its latest films, including The Hangover Part II and the final Harry Potter movie, in a row over the 28-day DVD sales window.

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Posted In: Entertainment, Movies, DVD, Media & Publishing, TV, Broadcast, VOD, Companies, Netflix, Time Warner, Warner Bros., Countries, Europe, UK, Ireland, blockbuster

Updated: Comparing Streaming Video Services: Blockbuster, Netflix, Hulu, Amazon

Sep 26, 2011 12:42 PM

For the latest streaming video chart, click here. Our July streaming video chart followed word that Netflix (NSDQ: NFLX) was separating DVD and streaming subscriptions and raising the price 60 percent for households that kept both. Last started with Netflix CEO Reed Hastings announcing plans to literally split the company…

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Posted In: Entertainment, Movies, DVD, Media & Publishing, TV, VOD, Companies, Amazon, Hulu, Netflix, blockbuster, blockbuster movie pass, hulu plus

Comparing Streaming Video Services: Blockbuster, Netflix, Hulu, Amazon

Sep 26, 2011 6:00 AM

Our July streaming video chart followed word that Netflix (NSDQ: NFLX) was separating DVD and streaming subscriptions and raising the price 60 percent for households that kept both. The past week started with Netflix CEO Reed Hastings announcing plans to literally split the company in two, spinning off DVDs to…

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Posted In: Entertainment, Movies, DVD, Media & Publishing, TV, VOD, Companies, Amazon, Hulu, Netflix, blockbuster, blockbuster movie pass, hulu plus

Dish Aims To Keep, Gain Subs With ‘Blockbuster Movie Pass’; Thanks, Netflix

Sep 23, 2011 1:07 PM

The timing of the Dish Network’s and Blockbuster’s introduction of new a streaming video venture couldn’t be more perfect. With Netflix (NSDQ: NFLX) reeling from subscriber losses and discontent after successive PR failures following the move to a bifurcated DVD/streaming video pricing and branding system, this deal could represent Blockbuster’s…

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Posted In: Entertainment, Movies, DVD, Media & Publishing, TV, Social Media, Video, Companies, Dish Network, Netflix, blockbuster, blockbuster movie pass

Dish Makes Blockbuster Of A Deal; Gets Bankrupt Chain For $320 Million

Apr 6, 2011 7:00 AM

Charlie Ergen just added another kind of home entertainment business to satellite operator Dish Network (NSDQ: DISH) (NSDQ: DISH, picking up Blockbuster (NYSE: BBI) in a bankruptcy court auction with a bid worth about $320 million. (For fun with numbers, Ergen bought Sling Media in 2007 for $380 million). Whether…

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Posted In: Entertainment, Movies, Media & Publishing, TV, Satellite, Companies, Dish Network, blockbuster, charlie ergen

Bankrupt Blockbuster Puts Itself Up For Sale

Feb 21, 2011 4:43 PM

Blockbuster (NYSE: BBI), which filed for bankruptcy in September, is now putting itself up for sale. The video rental chain says in a statement that by selling itself it will be able “to accelerate our Chapter 11 proceedings and move the company forward.”

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Posted In: Entertainment, Movies, Money, Bankruptcy, Companies, Netflix, blockbuster

Blockbuster Bankruptcy Shoe Finally Drops; Nearly $1 Billion In Debt

Sep 23, 2010 6:54 AM

Blockbuster (NYSE: BBI) ended the speculation today, filing for Chapter 11 bankruptcy nearly 25 years after the video rental chain opened its first store. The company said more than 80 percent of its secured creditors have approved a plan to reduce its almost $1 billion in debt to roughly $100…

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Posted In: Entertainment, Movies, DVD, Legal, Money, Bankruptcy, blockbuster

Blockbuster Reportedly About To File For Bankruptcy

Sep 22, 2010 1:05 PM

Blockbuster (NYSE: BBI), which had warned for months that it might have to declare bankruptcy, is expected to file for Chapter 11 later this week or next, the WSJ says. The paper says that Blockbuster will likely close 500 to 800 stores. That’s in addition to of the 960 stores…

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Posted In: Entertainment, Movies, DVD, Money, Bankruptcy, Social Media, Video, Companies, Netflix, blockbuster

Earnings
Blockbuster Bankruptcy Fears Grow

Aug 13, 2010 1:22 PM

Despite its advantage over rivals Netflix (NSDQ: NFLX) and Redbox in offering new releases for rent, Blockbuster (NYSE: BBI) continued to struggle in Q2. In addition to its poor earnings results, the movie rental chain also issued new warnings about the possibility of a bankruptcy, in a 10-Q filing.

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Posted In: Entertainment, Movies, DVD, Money, Earnings, blockbuster

Earnings
Blockbuster Swings To Loss As Sales Plunge

May 13, 2010 6:08 PM

While Blockbuster could benefit from the closure of rival video rental chain Movie Gallery, it got no relief in Q1, as the company swung to a $65.4 million net loss from a $27 million profit the year before. It’s clear that more nimble rivals like Netflix’s mail-order and download business…

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Posted In: Entertainment, Movies, DVD, Money, Earnings, blockbuster

News Flash: Blockbuster Execs Still Got Bonuses, For “Fiscal Leadership”

Apr 8, 2010 3:48 PM

That’s about the only thing you can say working for Blockbuster (NYSE: BBI) now, nevermind those movie studio deals that it closed over the last few weeks. Even Icahn’s given up, further cutting his stake, according to an SEC filing earlier today. But, in its proxy filing couple of days…

compensation summary chart »

Posted In: Entertainment, Movies, blockbuster

Sony And Fox Give Blockbuster A Break

Apr 7, 2010 5:30 AM

The big studios are coming to Blockbuster’s aid. Two weeks after Warner Bros. (NYSE: TWX) said it would provide Blockbuster (NYSE: BBI) with DVDs and Blu-Rays on the same day they are available for sale, Sony (NYSE: SNE) and Twentieth Century Fox say they will do the same. Unlike Warner…

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Posted In: Entertainment, Movies, DVD, Money, Bankruptcy, Social Media, Video, Companies, News Corp., Fox, Sony, blockbuster

Icahn Checks Out Of Blockbuster

Mar 31, 2010 6:10 PM

Activist investor Carl Icahn has sold 75 percent of his holdings in Blockbuster (NYSE: BBI)—at a time when the rental chain probably needs his support the most. SeekingAlpha says he’s sold about 14 million of the 20 million shares he held just last week at the fire-sale prices of 24…

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Posted In: Entertainment, Movies, Money, Bankruptcy, blockbuster, carl icahn

Blockbuster To Get New Warner Bros DVDs Four Weeks Before Netflix/Redbox

Mar 23, 2010 9:43 AM

This surely isn’t the four weeks of Advent, but nevermind, at least Blockbuster (NYSE: BBI) gets some breathing space it desperately needs. It has a new windowing deal with Warner Bros. (NYSE: TWX) where DVDs and Blu-rays will be available to the customers four weeks before they get released on…

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Posted In: Entertainment, Movies, DVD, Companies, Best Buy, Cablevision, Comcast, Disney, ABC, Playdom, Microsoft, MSN, NBC Universal, CNBC, Playboy, Spotify, Time Warner, Warner Bros., Warner Music Group, blockbuster

10-K Watch: Blockbuster Warns Of Crushing Debt Problems; Chapter 11 Filing Remains A ‘Possibility’

Mar 16, 2010 6:01 PM

A few weeks after reporting that its net loss grew in Q4, Blockbuster’s 10-k presents some stark details about its debt struggles. The movie rental chain’s SEC filing served as a warning of sorts, with Blockbuster (NYSE: BBI) saying that its roughly $1 billion in debt could become more difficult…

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Posted In: Entertainment, Movies, DVD, Money, Bankruptcy, blockbuster

Blockbuster CEO: ‘We Certainly Don’t Think We’re Late For The Digital Side’

Mar 4, 2010 5:20 PM

Blockbuster’s stock is trading at under a dollar, its net losses are widening, and it’s in the midst of closing nearly 1,000 stores—but on CNBC Thursday CEO Jim Keyes insisted that the company had a bright future in digital because of its strong brand. “When you’re driving down mainstreet and…

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Posted In: Entertainment, Movies, DVD, Technologies / Formats, blockbuster, jim keyes

Earnings
Blockbuster Loss Widens; Next 18 Months Remain ‘Challenging’

Feb 24, 2010 4:53 PM

As if Blockbuster (NYSE: BBI) didn’t have enough competition, this week’s news that Wal-Mart (NYSE: WMT) is buying digital home video service Vudu comes just as the Dallas-based movie renter is taking a cautious approach to build its vending and on-demand. Blockbuster’s net loss widened to $434.9 million in Q4…

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Posted In: Entertainment, Movies, DVD, Money, Earnings, blockbuster

Blockbuster’s Same-Store Sales Shrink In Q3, While Losses Grow

Nov 12, 2009 4:06 PM

Blockbuster’s “transformation” plan to close stores and shift to digital and kiosk distribution can’t come fast enough. The company’s loss widened from 11-cents per share in Q308, to 60-cents per share in Q309. Overall revenues were down 21 percent year-over-year—a slump Blockbuster (NYSE: BBI) attributed primarily to an 18.3 percent…

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Posted In: Entertainment, Movies, DVD, Money, Technologies / Formats, Broadband, blockbuster

Blockbuster Sells Irish Unit Xtra-vision For Up To $45 Million

Aug 28, 2009 11:24 AM

Saddled with debt and struggling to maintain sales amid competition from the likes of *Netflix* and Redbox, *Blockbuster* has sold Xtra-vision—its chain of nearly 200 retail locations in Ireland—to drum up some cash. The deal, potentially worth $45 million (€32 million), will give the company some much-needed “liquidity,” CEO Jim…

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Posted In: Entertainment, Movies, Money, M&A & Venture Capital, Venture Capital, birchhall investments, blockbuster

Earnings
Earnings: Blockbuster’s Revs Slip Amid Tough Competition, Lowers Guidance

Aug 13, 2009 5:12 PM

*Blockbuster* is trying to do everything it can to stay relevant—from brokering deals to get its OnDemand streaming service in Samsung TVs, to rolling out rental kiosks, to renting films through *TiVo*—but judging from its Q2 earnings performance, rivals like *Netflix* and Redbox continue to chip away at its core…

its lowered outlook after the jump »

Posted In: Entertainment, Movies, DVD, Money, Earnings, Companies, Netflix, blockbuster, redbox

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