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Blockbuster CEO talks up 2Wire MediaPoint, says rentals coming to BD decks in Q1 2009
Many may still be scratching their heads at why exactly Blockbuster decided to delve head first into the world of digital downloads this late in the game with such a weak (on paper, anyway) offering. CEO Jim Keyes recently sat down with E-Commerce News to clarify a few things, and here's the skinny. For starters, it's not using a pure "streaming" method on the MediaPoint; instead, it's using a "progressive download" in hopes of improving the quality of the experience for those without a pure, continuous connection. Next, it's solely relying on an à la carte way of delivering films in order to bring new releases to the home faster, and if you've taken a look at Netflix's online availability of those very titles, you'll start to see the difference. Potentially most revealing were his quotes on future endeavors, where he candidly admits that its download services will be coming to undisclosed Blu-ray players "by the first quarter of next year." Whether or not the public will actually view that as a selling point, however, remains to be seen.[Image courtesy of CEOSmack, thanks Anthony]
2Wire-built MediaPoint Blockbuster movie set-top-box now on sale
We heard that Blockbuster's very own movie set-top-box would be on sale shortly, and for couch potatoes and cube dwellers alike, you can order yours right now from the comfort of your dilapidated sofa / Aeron, respectively. As we'd heard, you'll be asked to rent 25 On Demand movies for $99, after which you'll get the MediaPoint player for free. Not quite sure if that's really pulling the wool over anyone's eyes, but color us completely unsurprised that a company in such dire straights would risk embarrassment to give it a shot. So, is anyone going to buy in here, or is that "Order Now!" button going to sit unclicked forever?[Thanks, Robert]
Blockbuster joins the movie set-top-box game with 2Wire MediaPoint player
We've rubbed our eyes four or five times now, but the factual heat remains: Blockbuster -- of all companies -- has decided to dive headfirst into the movie set-top-box arena. We wanted to believe the rumors were false, but sure enough, it has joined VUDU, Apple TV, Roku and the Xbox 360 in the highly competitive market place for your digital download dollars. For a "limited time," the outfit will offer the 2Wire-built MediaPoint player for free with the "advance rental of 25 first-run movies, TV shows, foreign or classic films from Blockbuster On-Demand (previously Movielink) for $99." After that, rentals are $1.99 to $3.99 apiece, and a Blockbuster subscription is not required. The unit itself measures 8- x 8- x 1-inch and includes two USB ports, an SD slot, Ethernet / WiFi and an HDMI port, and it should be available at the company's website and in select retail stores very soon. So, are you interested in the à la carte approach?
Blockbuster could release its own movie set-top-box
Well, well -- what have we here? As Microsoft's Xbox 360 skyrockets up the list of most wanted movie set-top-boxes and units like the Roku Netflix Player hold the promise of incorporating HD downloads in the near future, along comes the flagging Blockbuster to put up a mild fight. In a move that's half baffling and half expected, the DVD rental company is reportedly looking to pump out a movie STB of its own for the holiday season. That's according to CEO Jim Keyes, who said as much on a recent conference call with investors. Unfortunately, he passed along no other pertinent information whatsoever, though he did mention a "Blockbuster-branded widget on Intel-manufactured chips embedded in IPTV monitors" for next year. Good luck Blockbuster, you'll probably need it.[Via NewTeeVee]
Ask Engadget HD: What's the best movie rental service?
Ah, the age old question of which rental service is superior. A lot has changed since Netflix and Blockbuster (among other smaller outfits) decided to get into the DVD-by-mail rental game, so we figured Chuck's question on the matter was ripe for some fresh takes. "Now that I'm hearing that HD Netflix streaming is fast approaching for other items outside of the Xbox 360, I'm tempted to sign up. But first, I wanted to know from current subscribers how their experience currently is with Blockbuster, Netflix or anyone else. Are the wait times for movies (and Blu-ray Discs, in particular) always too long? Is one noticeably better than the other? Thanks in advance!" No, thank you, Chuck. So, movie renters of all shapes, sizes and genders -- how do you like your current company? Are you thinking of switching? Rant aloud below.Got a burning question that you'd love to toss out for Engadget HD (or its readers) to take a look at? Tired of Google's blank stares when you ask for real-world experiences? Hit us up at ask at engadgethd dawt com and keep an eye on this space -- your inquiry could be next.[Image courtesy of Unfocused Content]
Blockbuster memo: 40GB PS3 getting small price drop this weekend
Officially, the 40GB model has been discontinued by Sony, replaced by the new 80GB Core machines. However, a leaked Blockbuster memo sent to Kotaku shows that remaining 40GB systems will be getting a price cut this weekend. The system, which includes a Spider-Man 3 Blu-ray disc, will be available for $360 -- that's a savings of $40. (Perhaps Sony should've reconsidered the price of the system to something that doesn't evoke their primary competitor?)Sony has been adamant about keeping the current price of the PS3 in an attempt to recover from the costly launch of the system. However, with Microsoft's aggressive cuts working their magic (in America and Japan), Sony may want to reconsider their position.[Thanks, Trevor!]
Blockbuster bullish on DVD rentals, could hike rates to support upgrades
Blockbuster CFO Tom Casey can say whatever he wants, but to push aside the threat of digital downloads altogether just seems silly. At a recent conference, said bigwig was in attendance to pump up his company, noting that DVD / Blu-ray rentals were still tops in its mind. He pointed out that it's still supporting a $36 billion industry, while the VOD market was remarkably tiny in comparison. He also noted that same-store revenue had recently risen 9%, and while it has been taking big losses of late, he still expects to pull a profit for the year. In related news, further price hikes on rentals could be coming as Blockbuster spends to freshen up stores, add stock and insert kiosks to draw more folks in. We still find it tough to believe that relying on a B&M model in a mail-order / download-at-will world is the best thing to do, but to each his own, we guess.[Image courtesy of Street Knowledge]Read - Blockbuster CFO speaksRead - Blockbuster could raise rental rates
Looking for PSN Cards? Have you tried your local Blockbuster?
PSN Cards are now at Blockbuster stores. Don't believe us? Watch the above video and check out the PlayStation Blog's Jeff Rubenstein as he confidently strides across the store and proves to you that they exist. Testosterrific! They're available in both $20 and $50 flavors and should be in stores nationwide. Hmmm, isn't WipEout HD around $20? How convenient! And it's coming out so soon, too ... So now you don't need a credit card to grab stuff from the PSN Store. You Europeans can stop complaining about Entropay not working anymore, too -- you should be able to buy PSN Card codes far more easily now they're so readily available.[Thanks to everyone who sent this in]
PSN cards expanding to Blockbuster, 7-Eleven and Rite-Aid in September
The only time we ever saw a PLAYSTATION Network card was when Sony gave us one for Christmas. Never -- not even once -- have we seen these cards available at a retail store. This is easily one of the most demanded items from our readers, many who don't have a credit card to use for the PSN. Thankfully, support for these cards will expand in September to stores we've actually heard of.According to the PlayStation website, these pre-paid cards can be found at Blockbuster, 7-Eleven and Rite-Aid this September. So whether you're renting a movie, drinking a Slurpee, or buying some condoms in a rush -- keep an eye out for these PSN cards.[Via CAG]
Poll: Do you still visit the store for movie rentals?
After reading a somewhat shocking survey here recently which found that most Americans saw in-store renting as a fading habit, we began to wonder if those sentiments were reflected by the actions of our readers. Of course, even Blockbuster is making moves to protect itself should people resort to by-mail / online rentals en masse, so it's not like folks aren't already going to the store less often. How do you get your rentals the majority of the time? By walking to your mailbox? By utilizing that broadband internet you pay so dearly for? Or do you still enjoy taking the family out to your local rental store at ~$4.00 / gallon?[Image courtesy of Boston] %Poll-17800%
Blockbuster tests movie download service, DVD rental kiosks
As Blockbuster flounders around in an attempt to determine what it really wants to be, we're seeing that it's finally taking advantage of that whole Movielink purchase from last year. A new download section on the company's website has gone live, encouraging XP / Vista users running Internet Explorer (feel alienated yet?) to simply pick a flick, download and watch. In related news, the rental outfit has announced an expanded partnership with NCR that will see 50 DVD rental kiosks deployed in a pilot test, which is separate from the download-only kiosks which are being tested in Dallas, Texas. Anyone tried out the new download service? Do you prefer it more / less than Netflix's Watch Now?[Thanks to everyone who sent this in]Read - Blockbuster download serviceRead - Blockbuster DVD kiosks
Survey finds most Americans think in-store movie renting is fading out
Even we would agree that digital downloads aren't apt to siphon away a significant amount of physical media market share in the immediate future, but a recent survey conducted by CinemaNow (read: your skeptic hat should now be firmly in place) suggests that the vast majority of Americans feel otherwise. As a matter of fact, 87% of those surveyed agreed that "renting DVDs at the video store or through mail service will become a thing of the past," and 94% of those same folks reportedly felt that movie downloads were just "better for the environment." Not like the average joe / jane understands how much energy is consumed by warehouses full of drives, gigantic air-conditioned server rooms and legions of PCs sucking down content, but yeah, these results are totally representative of the truth.[Image courtesy of Street Knowledge]
World of Warcraft en espaol hits retail July 25th
The Latin American-localized version of World of Warcraft, which was first announced in March, will finally reach store shelves on the 25th of this month. Initially, it will be available in México, Argentina, and Chile; no word yet on when other countries will get it too. Both the original game and its expansion, The Burning Crusade, will be on sale, along with 60-day prepaid gametime cards.Spanish language servers will be provided for new Latin America subscribers, but those already playing on the North American servers can download a Latin American Spanish "language pack," and even transfer to the new servers if they want to. Check out the FAQ for more info.Oh, and Blizzard will be hosting a midnight launch party on the 25th at the Blockbuster at Av. Universidad #697 en México, D.F., followed by another event at Plaza Satelite in Estado de México. ¡Diviértase!
Best Buy accounts for most Blu-ray purchases, but Amazon and Wal-mart are catching up
Looks like all those specials are paying off for Amazon and Wal-mart, as surveys done last fall and this spring indicate they're narrowing the gap with "leading Blu-ray shopping destination" Best Buy. No nifty percentage numbers this time, but according to VideoBusiness, Amazon's own findings indicate its share of the Blu-ray retail market is 3.5 times bigger than its DVD slice. That seems to jibe with NPD's finding placing it number two, followed by Wal-mart (benefiting from enhanced Blu-ray displays and sales of its own), then Target and Blockbuster, respectively, having overtaken Circuit City in the period from fall to spring. Is there anything other than deep discounts and BOGOs that decides where you buy Blu?
Samsung teams with Blockbuster to push Blu-ray in Taiwan
While we fortunate Americans have been renting Blu-ray Discs from Blockbuster for a good while now, citizens of Taiwan haven't had the same privilege. Thankfully, all that's getting set to change, as the rental chain has committed to offering up 50 BD titles in each Taiwanese location before the end of this month. A new partnership between it and Samsung will also place Sammy's BD players (the BD-P1500, in particular) in-store for patrons to experience the 1080p difference, and it's said that Samsung manager Li Je-rong believes that "with strong channel assistance from Blockbuster and Tsann Kuen, consumers will become more familiar with Blu-ray." As for pricing, expect to pay NT$150 ($4.93) for each Blu-ray movie versus NT$100 ($3.29) for traditional DVDs.
Blockbuster calls the Circuit City merger off, asks for class ring back
It looks like the potential lovefest that might have been the Blockbuster and Circuit City mashup has drifted away as quickly as it appeared. "Based on market conditions and the completion of our initial due diligence process, we have determined that it is not in the best interest of Blockbuster's shareholders to proceed with an acquisition of Circuit City," said Jim Keyes, head-pimp at B-Buster. We can't be sure what the result was with Circuit City shareholders or employees, but we're willing to bet it didn't look anything like that Best Buy rap video. One more time, after the break.
Blockbuster CEO to Studios: Make more copies of Blu-ray films
Now that Blu-ray is almost running full steam ahead with all the studios on board and full profile stand-alone players right around the corner, this holiday season is going to prove to be an important one for the adoption of Blu-ray. Blockbuster's CEO Jim Keyes wants to help out and says "We think the rental model can help Blu-ray." He believes that Blu-ray can help extend the packaged media model another five to ten years, but to make it work the studios need to get serious and make more copies of Blu-ray films. He goes on to explain that if the studios don't speed up the mass-market product, that the entire industry could lose out to digital downloads. While we love the idea of digital downloads, we are not willing to sacrifice any quality just to save us from handling a shinny round disc, but at the same time we don't have any problems renting or buying just about any Blu-ray movie we want.
Summer movies raise demand for associated classic games
Summer blockbusters aren't just good for propping up the sales of crappy new movie-based games ... it turns out they're also good for pumping up the prices of crappy old games based on the same characters. For proof, look no further than the always interesting Video Game Price Charts blog, which shows a distinct and recent uptick in the selling prices for older games based on the Speed Racer, Iron Man and Indiana Jones franchises. Never mind that these games aren't directly related to the new movies, or that the games are universally awful (well, almost) -- once that old clunker of a game gets attached to a hot new movie, the asking price can get inflated by up to 170%.We can almost see the logic behind the increased demand, from the average consumer's perspective. After all, why waste $50 on the crappy new Iron Man game that junior is begging for when you can pick up a crappy old Iron Man game for half the price (even after accounting for the recent uptick). The little punk won't know the difference anyway, and the game will get him out of your hair so you can get back to having an affair with the pool boy. It's win-win!
Joyswag: PlayStation 3 (40GB)
Blockbuster wanted us to remind you of its plans to "significantly expand its games business," including the special $500 PS3 bundle comprising a 40GB console, a PS3 Bluetooth remote, an HDMI cable, Spiderman 3 on Blu-ray, the Transformers video game (for PS3, of course), and the opportunity to rent one free PS3 game or Blu-ray movie a week for twelve consecutive weeks.To help you remember, we're giving away a 40GB PlayStation 3 without all the other stuff. All you've got to do to win (perfect timing for Metal Gear Solid 4, eh?) is follow these five easy steps: To enter this giveaway, leave a comment telling us where you buy your gaming gear from (we concentrate really hard and it just appears). You must be 18 years or older and a resident of the US or Canada (excluding Quebec). Limit 1 entry per person per calendar day (comment more than once and you'll be disqualified, but try again tomorrow). This entry period ends at 6:00pm ET on Monday, June 16th. We'll randomly select a winner at that time (please check your email!). For a list of complete rules, click here.
Circuit City looks for a suitor, Blockbuster likely to be it
Oddly enough, the far-fetched proposal is apt to be accepted. Circuit City has reportedly solicited the services of Goldman Sachs to help "negotiate a deal," which will essentially put the troubled electronics retailer in the hands of someone else. As it stands, Blockbuster looks to be the most interested in picking up the pieces, with billionaire Carl Icahn (Blockbuster's largest shareholder) agreeing to finance the get-together. Of course, it looks as if Blockbuster may be the only outfit interested. Not like that's any surprise, however, as Best Buy itself is having to look to Europe to boost revenues with US consumer spending off from where it once was. The real question here is whether a Circuit City-Blockbuster combo would be the perfect concoction to turn things around for both flagging firms, or will we find that two sinking ships actually do go down faster when anchored to one another?
