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Archive for July, 2010

Between its DVD by-mail and streaming services, Netflix has garnered a substantial share of the home video market in recent years. Along with Redbox, Netflix has decimated the once-unstoppable Blockbuster Video juggernaut and helped usher in a new era in the industry. Part of Netflix’s success is due to its affordable pricing, with monthly plans starting at $8.99 for one DVD at-a-time and unlimited streaming. Forbes has run an interesting article detailing the factors that could drive Netflix’s pricing upwards. Read the rest of this entry »

Battered and buffeted by Redbox and Netflix, with its stock delisted from the NYSE and a massive debt payment looming in a few weeks, Blockbuster has nonetheless seen fit to retain and reward the man who has presided over much of its decline.

A BB regulatory filing has revealed that CEO Jim Keyes will receive a $650,000 retention bonus and 1.25 million shares of (virtually worthless) stock as his contract is extended until June 30 of next year. These perks will go along with his 0,000 annual salary, which remains unchanged from the previous year.
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Cash-strapped and in the red to the tune of several billion dollars, the U.S. Postal Service is looking to raise rates early next year. Among the proposed hikes would be a 7% to 8% fee increase for items such as DVDs and books. Netflix, one of the USPS’s biggest customers, would take a $50 million hit on top of the hundreds of millions it already spends annually on postage if the proposed increases take place, estimates NewTeeVee. And Netflix is just fine with that, says a company spokesperson.

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The day may soon come when the only Blockbuster logos you see will be on little blue NCR-owned boxes. As BB’s brick-and-mortar business craters, NCR’s Blockbuster Express kiosks continue to expand towards a stated goal of 10,000 installed blue boxes by the end of the year.
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NCR will be adding another 500 kiosks to that tally by installing the boxes in QuikTrip convenience stores in Arizona, Illinois, Iowa, Georgia, Kansas, Missouri, Nebraska, Oklahoma, and Texas.

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In a shot against pay-TV channels such as HBO and Showtime, Netflix announced today that it has signed a five-year-plus distribution deal with Relativity Media.
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The deal will allow Netflix to stream major motion pictures from Relativity ahead of traditional pay-TV channels, and is the first of its kind that Netflix has signed.
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Recent Relativity films include Dear John, MacGruber and The Spy Next Door.

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Redbox has been toying with higher price points than its famous $1 per night in select markets for a while now, and doesn’t appear to be stopping any time soon. After beginning tests of higher pricing in Albuquerque last fall, Redbox has confirmed to TheWrap that tests are also under way in San Diego, Spokane, Miami/West Palm Beach and Modesto.

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Hope you are having a great holiday. Here is your list of movies coming to Redbox this week…
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A Single Man R
Starring: Colin Firth,Julianne Moore
Genre: Drama,Drama
Release Year: 2009
movie details / trailer
Babysitter Wanted R
Starring: Bill Moseley,Matt Dallas
Genre: Horror,Horror,Thriller
Release Year: 2008
movie details / trailer
Barbie in a Mermaid Tale NR
Starring: Kelly Sheridan (v),Kathleen Barr (v)
Genre: Family,Animated,Kids,Family
Release Year: 2009
movie details / trailer
Brooklyn's Finest R
Starring: Ethan Hawke,Richard Gere,Wesley Snipes
Genre: Action,Drama,Crime,Drama,Thriller
Release Year: 2009
movie details / trailer
Brooklyn's Finest (Blu-ray) R
Starring: Ethan Hawke,Richard Gere
Genre: Action,Drama,Crime,Drama,Thriller
Release Year: 2009
movie details / trailer
Casualties of War R
Starring: Michael J. Fox,Sean Penn
Genre: Action,Drama,redbox Replay,Adventure,Drama
Release Year: 1989
movie details / trailer
Dive Olly Dive! Under Pressure NR
Starring: Olly,Beth
Genre: Family,Animated,Kids,Family
Release Year:
movie details / trailer
Street Boss NR
Starring: Robert Gallo,Nick Turturro
Genre: Drama,Crime,Drama
Release Year: 2009
movie details / trailer
The Girl with the Dragon Tattoo R
Starring: Michael Nyqvist,Noomi Rapace
Genre: Drama,Drama,Thriller
Release Year: 2009
movie details / trailer
The Gold Retrievers NR
Starring: Robert R. Shafer,Jonathan Aube,Michelle LaBret
Genre: Family,Children
Release Year: 2009
movie details / trailer

Investment and securities firm Piper Jaffray sees strong market conditions for Coinstar’s Redbox unit, and has consequently raised its estimates for Coinstar.
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According to trading site Benzinga, PJ Analysts Michael Olson and Andrew Murphy have raised their CY11 DVD EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) margin estimate to 19.5% from 18.9%. This upwards revision leads to an increase of Coinstar EPS (Earnings Per Share) from .
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57 to $2.75. Read the rest of this entry »

Though it failed to make debt payments that were due to its creditors on July 1, Blockbuster has dodged the reaper’s scythe once again by reaching an agreement with said creditors that will give it a reprieve until August 13. In other, not-so-good-for-Blockbuster news, the New York Stock Exchange will be delisting the company’s stock, as prices for its shares have stayed well below the threshold for more than 30 trading days.
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Redbox is taking a very measured approach when it comes to renting video games at its kiosks, says Merriman Curhan Ford analyst Eric Wold. The company is offering limited titles and quantities in its three video game test cities, which is a disappointment to the analyst.
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