NCR Corp., which licenses the BB name for its Blockbuster Express rental kiosks, may be interested in more BB properties, according to one analyst. Gil Lauria, an analyst with Wedbush Morgan Securities, says if the opportunity presented itself, NCR could acquire Blockbuster’s by-mail and on-demand services. Said Lauria:
“NCR at some point may decide to buy any piece of Blockbuster, depending on what happens to the company financially . . . NCR is worried about its own business, and they are ready for any [third-party] scenario Blockbuster might entertain. If Blockbuster was to get in [further] trouble, NCR would be able to take some of those pieces.”
Bill Nuti, CEO of NCR Corp., did nothing to diffuse such speculation when he told Bloomberg News that NCR “was willing to spend millions to acquire third-party digital and by-mail rental properties”.
Blockbuster spokesperson Michelle Metzger wouldn’t comment on NCR’s current of future plans, and offered the following statement on her company’s relationship with NCR:
“We are pleased with the progress of our partnership with NCR in the Blockbuster Express kiosk program and look forward to continuing that relationship,”
Insiders, how likely do you think it is that NCR will purchase some of the pieces of the crumbling Blockbuster empire? Would such a move be in both companies’ best interests, as well as those of consumers?
(via Home Media Magazine)