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Articles tagged with: blockbuster

DISH Network Offers 3 Mo. Free Blockbuster

The well known satellite television operator, Dish Network has just announced that it will be giving new customers three months of Blockbuster by Mail, after the television giant purchased Blockbuster for $320 million. Dish will be making the offer at is competes with DirecTV and cable operators one one hand and Internet streaming services like Netflix on the other.

New customers will have access to over 100,000 movies, TV shows, and games with new titles arriving 28 days before they arrive on Netflix or the kiosk rental system, Redbox. How do you think Blockbuster execs felt after hearing that the company that bought them will be offering three months of free rentals.

Redbox Will Soon Carry Videogames In Over 21,000 Locations

Redbox is a popular DVD rental kiosk that is found in many grocery stores. Users walk up to the big red machine and select from a list of popular movies and new releases. Consumers pay one or two dollars, and have a DVD vended out to them. Everything is done electronically of course, and the machines accept multiple forms of payment. To return the movie, customers simply scan the receipt and/or DVD and are merrily on their way.

New Google Video-On-Demand Service Arriving Next Week!

What do you think about Netflix? I’ve used Netflix on and off for a number of years but have never been that thrilled with the service. I will admit that it is cool to be able to rent older classics or new releases that you may have not had the time to see in the theaters, but overall I wasn’t very impressed. The fact that you have to remember to log on to check if the DVD is already out was a bit of a hassle for me. Because I have better things to do, I would not login to check frequently enough and forget which movies to “look out for”, thus never renting the release. I guess you could call me lazy for not writing down the movies on a list and diligently checking, but I am sure I am not the only lazy person out there.

Dish Network Buys Blockbuster For $320 million

The Dish Network has agreed to pay $320 million for virtually all the assets of the troubled video chain, which filed for Chapter 11 bankruptcy protection in September. With a winning bid at a bankruptcy auction, the Dish Network bought Blockbuster, according to an announcement made this morning. Dish will like take advantage of Blockbuster’s online streaming and movie rentals service.

Dish beat out billionaire investor Carl Icahn and a group of debt holders for the Dallas movie-rental chain.

Bankrupt Blockbuster For Sale

The popular movie rental chain, Blockbuster is now bankrupt and a part of an ongoing auction that opened Monday morning. Today, a winning bid of $284 million bid from Dish Network’s Charles Ergen was placed. The next highest bidder is a hedge-fund manager, Carl Icahn at 280.9 million.

The other groups with qualified bids are Monarch Alternative Capital, South Korea’s SK Telecom, and a joint bid by liquidators Gordon Brothers Group and Hilco Merchant Resources. If Carl Icahn or the Gordon Brothers/Hilco Merchant group were to win,

GameStop Announces Gaming Tablet And Streaming Service

The popular game store, GameStop, has recently announced their plans to offer a game streaming service to tablet PCs. Users who are interested in the service can sign up with GameStop’s rewards program that runs on a similar strategy as Blockbuster and Tower Records. This announcement went public just shortly after GameStop had purchased Spawn Labs. The company has decided to allow Spawn Labs to take over GameStop’s cloud gaming service.

The game retailer also announced plans of releasing GameStop tablets in their retail stores, that is, if the game streaming service is a successful move. I’m not too sure GameStop can develop a tablet that can compete with the current Ipad 2 and company.