redbox
In This Corner, Netflix. In the Other Corner. . .Amazon?
Netflix, whose DVD-by-mail service hastened the demise of several video rental chains, may soon find itself under siege from Amazon. The world's largest online retailer appears to be on the verge of launching its own unlimited movie and TV-show streaming service.
Finally, the End of the Line for Blockbuster?
Blockbuster has nearly run out of money again. It wants its bondholders to put up more capital as it wrestles to exit Chapter 11. If some of the bondholders balk, Blockbuster will almost certainly be sold off in parts. But what exactly does it have left to sell?
Coinstar 2Q Profit, 2011 Sales Forecast Beat Estimates on Redbox Success
Coinstar, the parent of Redbox self-service DVD-rental machines, said second-quarter profit fell less than analysts expected and that forecast 2011 sales would exceed analysts' estimates.
Why Blockbuster Went Bust While Netflix Flourished
It's easy to blame Blockbuster's collapse, which culminated Thursday in a voluntary Chapter 11 filing, on the rise of streaming Internet video and kiosk rental options. But Netflix faced the same threats and it's thriving. So what did Netflix do smarter than its bankrupt rival?
Coinstar Earnings Nearly Double but Outlook Disappoints; Blu-ray on the Way
Coinstar, which operates the 26,900 Redbox movie rental kiosks, posted earnings that nearly doubled, although its outlook disappointed Wall Street. The company announced it would begin to sell Blu-ray disks in 13,300 locations immediately.
Blockbuster Now Expects NYSE Delisting
The long-struggling video-rental chain said Thursday that a delisting from the New York Stock Exchange is the likely result after it failed to receive enough shareholder votes to authorize a reverse stock split. Shares tumbled on Friday.
