Audio Video News

<A HREF="http://www.blockbuster.com">Blockbuster</A>, the world's biggest video rental chain, is coming to grips with the swelling popularity of DVD by revamping its inventory.

We go on and on about digital downloads, video-on-demand, and even mail-order movie delivery. Let's face it, there's lots to talk about there. It's easy to forget that your neighborhood Blockbuster stores are still around, and still account for...

Blockbuster is taking serious punches and hanging on the ropes. First one of the two stores in my neighborhood closed (always a bad sign). Then came the announcement that earnings had slid from $5.5 billion in 2006 to $1.2 billion in the first three quarters of this year--ouch. Now along comes CEO Jim Keynes with a rescue plan.

This has been a long time coming, but it's finally happening. Blockbuster is getting delisted from the New York Stock Exchange. According to Engadget, Blockbuster will be forced to delist from the NYSE after a failed attempt to split its stocks. ...

The world's number-one video rental business will join the Internet gold rush early next year. <A HREF="http://www.blockbuster.com/">Blockbuster Video</A> announced October 20 that it will relaunch its website in November with sales of new and used VHS tapes and DVDs. Video rentals will be available online sometime in the second quarter of next year, company executives said.

Blockbuster Video this week announced two significant upgrades to its rental programs. First, Blockbuster Online users are now allowed to return movies either through the mail or into a Blockbuster store. The "Total Access" service includes one free in-store rental per month, but customers are awarded an additional free in-store rental for each movie returned to a Blockbuster store.