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Blockbuster Gets Dished
Mark Fleischmann  |  Apr 06, 2011
Troubled Blockbuster Inc. has recently been in bankruptcy court and on the block. Now it has a new owner, the Dish Network. The satellite TV operator won the video rental chain with a bid of $320 million including $228 million in cash.

Dish takes over what remains the country's largest brick-and-mortar video rental chain, though it has shut down thousands of stores to reach the current total of 1700. One factor in its downfall was the huge debt load it took on when Viacom spun off the company in 2004. As recently as 2009, Blockbuster was confident (if not actually robust) enough to bid a cool billion for Circuit City. Now its share price has dropped so low, it's been delisted from the NYSE.

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Audio Video News
Blockbuster Gets Fox, Sony Exclusives
Mark Fleischmann  |  Apr 12, 2010
Having just locked up a 28-day rental exclusive with Warner Bros., Blockbuster has repeated the feat with both Twentieth Century Fox and Sony Pictures.
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Audio Video News
Blockbuster Gets Warner Titles Faster
Mark Fleischmann  |  Mar 26, 2010
If you want to rent Warner Bros. movies from Netflix or Redbox, you'll have to wait till they've been available for sell-through for 28 days. Unless, that is, you rent at Blockbuster, which has cut a unique deal with the studio.
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Audio Video News
Blockbuster Getting After Netflix Again
 |  Jun 17, 2007

What a difference a single dollar makes in the online DVD rental business. Blockbuster decided to take aggressive action to gain traction in the online DVD rental business, which "projections" show as increasing 43% during the 2007 according to Blockbuster's Shane Evangelist (how's that for a cool name?!). So, it is now offering a subscription plan called Blockbuster by Mail that's a whole $1 cheaper than its existing Blockbuster Total Access plans. The Blockbuster by Mail plan will be online only as opposed to the Total Access plans which is comprised of both online and in-store rentals.

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Audio Video News
Blockbuster Hooks Up with CinemaNow
user  |  Feb 02, 2009
Desperate to catch up with the online transformation of its main rival Netflix, Blockbuster has struck a deal with CinemaNow to bring online movie distribution to its customers.
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Audio Video News
Blockbuster in danger of busting
SV Staff  |  Apr 07, 2009
Yesterday, Blockbuster disclosed that it might not be able to stay in business. This comes only a week after the company revealed that it had a recently-amended $250 million revolving loan that matures in September of next year. The loan relies on...
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Audio Video News
Blockbuster might drop off of NYSE
SV Staff  |  Mar 30, 2010
Things are going from bad to worse for Blockbuster. Store closings, bleak financial statements, and now the company could potentially be dropped from the New York Stock Exchange. According to Forbes today, Blockbuster has fallen below the market...
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Audio Video News
Blockbuster might file for bankruptcy
SV Staff  |  Mar 19, 2010
Things are looking bleak for Blockbuster. The former video rental giant is in the process of closing hundreds of its stores, and now it's finding itself in a massive financial hole. The company filed its annual report on Tuesday, which stated...
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Audio Video News
Blockbuster on Life Support
Scott Wilkinson  |  Apr 14, 2009
After denying it was considering bankruptcy, Blockbuster is closer than ever to calling it quits. According to a recent story in the Wall Street Journal, auditors from PricewaterhouseCoopers LLP said in a financial filing with the Securities and Exchange Commission that they had "substantial doubt about the Company's ability to continue as a going concern."
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Audio Video News
Blockbuster On-Demand
SV Staff  |  Nov 25, 2008
Blockbuster has yet another way to get their movies into your home.  And this one looks like it could make a bit of a splash. Blockbuster has been losing the battle with Netflix, with hundreds of stores shutting down recently. Their...
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Audio Video News
Blockbuster Plan Rankles Studios
 |  Aug 05, 2001

The world's largest video rental chain wants to renegotiate its video supply agreements with Hollywood film studios. In late June, <A HREF="http://www.blockbuster.com">Blockbuster Inc.</A> chairman John Antioco announced to Wall Street analysts that his company is reassessing its distribution deals with the studios&mdash;including possibly letting some deals lapse when renewal time comes.

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Audio Video News
Blockbuster Playing Games
SV Staff  |  Feb 13, 2009
Got game? Blockbuster Total Access wants your business. The company is starting a new program to offer video game rentals as part of its movies-by-mail service. They're going to start with a limited number of subscribers when the program...
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Audio Video News
Blockbuster preparing for September bankruptcy
SV Staff  |  Aug 30, 2010
The next few months might prove to be the swansong of Blockbuster Video. According to the Los Angeles Times, the company has been discussing with movie studios its intentions to file for bankruptcy in September. Over the last week, Blockbuster...
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Audio Video News
Blockbuster Pricing Floats Downward
Mark Fleischmann  |  May 31, 2011
Memorial Day shoppers got a special treat at Blockbuster in the form of radically lower rental prices.

In the wake of its acquisition by the Dish Network, Blockbuster is reducing the price of "just released" rentals from $4.99 for three days to $2.99 for the first day and 99 cents per additional day. Other new titles will cost $1.99 first day, 99 cents per additional day.

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Audio Video News
Blockbuster Reinstates Late Fees
Mark Fleischmann  |  Mar 09, 2010
To widespread derision, Blockbuster has reinstated late fees for program rentals.
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