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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Blockbuster CL A Com | NYSE:BBI | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.15 | 0.00 | 01:00:00 |
NCR Corp. (NCR) this summer will begin selling new DVDs from its Blockbuster-branded video-rental kiosks, Bloomberg News reports Friday, citing a company executive.
Alex Camara, president of unit NCR Entertainment, said in an interview that his company is in talks with movie studios to provide new releases for rental through the kiosks at $2 a day, double the current $1.
NCR is expanding its kiosk business to about 10,000 locations this year and is adding products in competition with Coinstar Inc.'s (CSTR) Redbox dispensers and Netflix Inc.'s (NFLX) mail-order movie service.
Typically, kiosk and mail-order retailers buy rental copies of new releases from stores, due to Hollywood studios' refusal to sell directly to the low-cost purveyors.
Full story at http://www.bloomberg.com/apps/news?pid=newsarchive&sid=apm0At3gSvxY
-Dow Jones Newswires; 212-416-2900
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