blockbuster

Earnings: Blockbuster Swings To Profit In Q1 As Revenues Drop 5.4 Percent - 0 Comments
Posted By David Kaplan - Thu 15 May 2008 06:04 AM PST

While movie renter Blockbuster (NYSE: BBI) saw Q1 profits of $45.4 million ($0.20 per diluted share) compared to last year’s $49 million net loss, the closing of over 400 retail…

Circuit City Opens Door To Blockbuster; Icahn May Buy Chain Himself - 0 Comments
Posted By Joseph Weisenthal - Fri 09 May 2008 06:20 AM PST

The awkward pairing of Circuit City and Blockbuster is past the spitball phase and into the handholding phase. The struggling electronics giant says it will allow Blockbuster and its investor…

Blockbuster In Talks To Take stake in New Premium CableCo; Wants Digital Rights: Report - 0 Comments
Posted By Rafat Ali - Mon 28 Apr 2008 10:28 PM PST

So Blockbuster (NYSE: BBI) is desperate for a deal, any deal, any which way: after its strange proposal to buy CircuitCity (which will have a tough time going through) comes…

Circuit City Shareholder Launches Proxy Fight; Slams Blockbuster Rejection - 0 Comments
Posted By Joseph Weisenthal - Mon 28 Apr 2008 04:19 PM PST

Circuit City has another mess to deal with. In addition to fending off Blockbuster (NYSE: BBI), it now has a proxy fight on its hand. Wattles Capital Management, a 6.5…

Netflix Takes A Drubbing; Stock Down Over 23 Percent After Earnings - 0 Comments
Posted By Joseph Weisenthal - Tue 22 Apr 2008 12:42 PM PST

Ouch: Yesterday’s after-hours action was rough for Netflix (NSDQ: NFLX), but today’s trading is even worse. With the trading day almost over, shares are down over 23 percent, as investors…

Blockbuster-Circuit City: Analysts Skeptical; Netflix Could Be Winner - 0 Comments
Posted By Joseph Weisenthal - Tue 15 Apr 2008 01:10 PM PST

A day after Blockbuster (NYSE: BBI) announced its bid for Circuit City, analysts and the investors are still scratching their heads. After losing about 13 percent yesterday, Blockbuster shares are…

Circuit City: Haven’t We Seen This Before? - 2 Comments
Posted By Joseph Weisenthal - Mon 14 Apr 2008 06:53 AM PST

Throughout its conference call explaining the deal, Blockbuster (NYSE: BBI) CEO Jim Keyes touted the opportunity for Circuit City to sell media services as an add-on to its traditional sales,…

Blockbuster Seeks To Acquire Circuit City; At Least 54 Percent Premium - 0 Comments
Posted By Joseph Weisenthal - Mon 14 Apr 2008 02:56 AM PST

Depending on how you look at it, they’re either doubling down on brick and mortar or waving the white flag on their core business… Video rental chain Blockbuster (NYSE: BBI)…

Blockbuster Working on Direct-To-TV Streaming Device; Similar To Netflix - 2 Comments
Posted By Rafat Ali - Wed 09 Apr 2008 11:04 PM PST

Video retailer Blockbuster (NYSE: BBI), in the middle of a big reorg of its offline rental business, is working on a set-top device for streaming films directly to TV sets,…

Blockbuster Raises Total Access Prices; Curbs Money-Losing Program - 0 Comments
Posted By Joseph Weisenthal - Fri 21 Dec 2007 12:45 PM PST

Blockbuster (NYSE: BBI) is boosting prices at its Total Access service, which lets customers rent DVDs over the internet and in stores. During last quarter’s conference call, the company said…

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Jackass Franchise To Debut Online Through Blockbuster’s Movielink; $2 Million For Rights Plus Ad Rev - 0 Comments
Posted By Rafat Ali - Wed 12 Dec 2007 10:17 PM PST

Viacom (NYSE: VIA) owned Paramount Studios and co-producer MTV New Media are debuting the latest version of its Jackass franchise online, which it says will be the first studio-backed movie…

How Blockbuster Blew Up: The Transcript - 0 Comments
Posted By Rafat Ali - Tue 06 Nov 2007 07:20 AM PST

We and others reported on Blockbuster’s (NYSE: BBI) rather disastrous Q3 earnings last week, and the complete implosion on its online DVD rentals plans. The accompanying earnings call transcript, here,…

Earnings: Blockbuster Q3 Net Loss Widens 41.7 Percent; Revs Fall 5.7 Percent - 1 Comment
Posted By David Kaplan - Thu 01 Nov 2007 05:16 AM PST

Pinning its poor Q3 performance primarily on costs related to closure and sell off of over 500 retail stores, video rental service Blockbuster (NYSE: BBI) posted an expanded net loss…

Total Money Invested By Studios In Movielink: $148 Million; Revenues Stagnant - 0 Comments
Posted By Rafat Ali - Thu 25 Oct 2007 09:56 AM PST

Not that a lot of people are interested in Movielink‘s fate anymore, after it got sold to Blockbuster (NYSE: BBI) earlier this year, but if you are from one of…