News coming out of Blockbuster’s conference call on Nov 6 says that they will be releasing a set-top box before the end of the year.
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Blockbuster CEO Jim Keyes made the announcement on the call, but offered no further details. You can read more at Home Media Magazine.
This is interesting news, because it may mean they are scrapping the idea of releasing kiosks to compete with Redbox. If so, this may be good news (at least short-term) for Redbox.
It does seem that long-term being able to stream movies to your TV will replace DVD rentals, but how soon is anyone’s guess.
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The question is, will Redbox release something like this, too? An interesting thought…
They’re probably just trying to keep up with Netflix. Their attempt to try to keep up with Netflix with streaming movies on the PC is pretty pathetic though – with Netflix they come with your subscription, but with Blockbuster you have to pay separately. If they do the set top box, they’re not going to be able to compete with Netflix if they continue to charge separately.
I see a lot of people trying to get a piece of the pie which will equal a lot of wasted money and a lot of Useless set top boxes.
There are far too many varieties of ways to get movies and eventually stock holders will demand dividends. Most of these digital start-ups have failed and will continue to fail until there is only 2 or maybe 3 choices. Until that happens Joe Consumer will sit back and wait.
I’ll take a guess at what MQ might stand for in the new phase 2-3….Ithink it may be for Movie Quest, any how, LOVE redbox in my area use it a lot and thankful it’s affordable compared to ALL OTHER MOVIE RENTALS! KEEP UP THE GREAT WORK !!!!!!!!!!!!!!!!!
IIRC, Netflix has their own settop box already at $100. And they already stream to the PC. I think ‘lackluster’ is late to the game – very late…
well with internet services starting to be capped I see this as a NO GO
@KG4KBU
Sucks for u… I would bust a 250gb cap in under a week… Im guessing u got crap cast and the 250gb cap to go with it.
This is the first thing Obama needs to deal with..
Why do you believe that Comcast, AT&T, and the other bandwidth providers, should be responsible to finance the infrastructure so that Blockbuster, Netflix, etc, can deliver content to their subscribers? Why shouldn’t Blockbuster, Netflix, etc, have to pay to deliver their own product? The fact is that as this bandwidth requirement grows the bandwidth providers will have to make significant investments to add additional bandwidth. Why should they have to do that if Blockbuster, AT&T, etc, will be the ones collecting the revenue.
The problem is that the new Blockbuster, Netflix, etc, elctronic delivery business model doesn’t work because it relies on a 3rd party to foot the bill to distribute the product. The concept is similar to if when Netflix began their delivery by mail model, they expected the US Postal Service to deliver them to Netflix’s customer for free. The US Post Office was compensated for delivering the product the same way Comcast, AT&T, etc, will need to be compensated for their model to work. It’s just a matter of who will compensate them. It will either be US in the way of higher bandwidth fees or it will be Netfix, Blockbuster, etc, paying Comcast, AT&T, etc, to subsidize our usage.
@Rick:
Obviously the ISPs should not have to pay the bill for new features that we consumers like unless they want to. However, you are a bit off on how bandwidth is paid for…
Companies like Netflix, Blockbuster, etc… certainly do pay for their bandwidth – and they pay quite a bit. Think of bandwidth a bit like road, there are quite a few “toll booths” along the highway, and payment is made when the toll booth is crossed. In this case, Netflix is paying for the bandwidth they use to get the media off of their servers out onto the highway, and then the ISPs (or really, us) are paying when the info has to get off the highway and into our homes.
But, ultimately, it is the ISPs job to deal with the infrastructure and its financing. It will get paid for somewhere, and if ISPs want to compete, they will do all they can to win our business.
EXCELLENT EXPLANATION MICHAEL FOR THE UNWITTINGLY STATEMENT, KEEP UP THE GOOD WORK. *** ***
I don’t totally disagree, but do I understand how bandwidth is paid for. Netflix is paying for the pipe from it’s servers to the Internet cloud and there are various other providers within that cloud. Then the end user uses an ISP to pull the data down to their home. While the Netflix business model obviously accounts for their server connections, it’s dependant upon the receiving ISP to fund the pipepine cost to get the data to their customer. As the usage grows they have to add additional bandwidth and that’s not free. It will come down to whether they attempt to spread that cost across all users, and deal with that revolt, or whether they will charge the highest users a higher cost. While the highest users claim they are paying for unlimited bandwidth, that is no longer true. They are now paying for up to xxx GB of bandwidth.