I didn't realize that Blockbuster was in such
peril because you stock extra copies of "Leprechan 4
-In Space" and "Spring Break 8 - The Revenge of the
Nerdy Cheerleaders"... Good info, I'm sure we can
expect some downgrades soon.
TiVo and Blockbuster Inc. Form
Companies to Provide Expanded Entertainment Services to
LAS VEGAS and DALLAS--(BUSINESS
WIRE)--Jan. 7, 2000--TiVo, Inc., (NASDAQ: TIVO - news) the
creator of personal television, and Blockbuster Inc.
(NYSE: BBI - news), the world's largest provider of
rentable home entertainment, today announced an alliance
to expand Blockbuster's traditional video rental
business to an entertainment service delivered through
TiVo. The companies will work together to develop and
deploy a video on demand like service that will enable
TiVo subscribers to obtain a selection of movies for
viewing through their TiVo receivers. The companies will
work together toward deployment of the service in the
The TiVo/Blockbuster alliance also
includes cross-promotional opportunities that will benefit
each company's customers. Using the TiVo Personal TV
service, Blockbuster may, provide information on products,
promotions and upcoming video releases available through its
stores as well as running trailers for movies available
through the TiVo system. Consumers will eventually have
the opportunity to reserve movies for pick-up at
Blockbuster stores or for viewing through their TiVo
TiVo will have the opportunity to promote
special offers on TiVo receivers and TiVo Services to
Blockbuster members, which currently includes a total of over
65 million active member accounts worldwide.
Additionally, TiVo will receive promotional opportunities in
the almost 4,000 corporate Blockbuster stores in the
U.S., through signage, demonstration kiosks or other
``TiVo has partnered with the leading
companies in home entertainment, and this alliance, with
the world's leading retailer of home video, DVDs and
video games, is another step toward providing our
customers with control over how, when and what they watch
on TV.'' said Morgan Guenther, TiVo's vice president
of business development.
``Our goal at
Blockbuster is to provide quality movies conveniently to
people at home whether it's from our retail store base
or through exciting new technologies like TiVo,''
said Santo Politi, Blockbuster president, new media
group. ``We are looking forward to working with TiVo to
deploy this video on demand service and to giving TiVo
customers more choice and more control to watch what they
want, when they want it.''
``TiVo is designed
to provide multiple services to consumers,''
continued Guenther. ``The Blockbuster service is one of the
premier entertainment services that will potentially
provide content and commerce services to TiVo
About Blockbuster Inc.
In a few short years, if that long, when it is
common for your TV to be connected to the net and you
can watch any movie, anytime you want on demand for
$4 and record it if you want.
blockbuster fit into this world. Do I click a button or do I
get my lazy ass up, climb in the car, drive two miles
in the snow, just to find my new release gone and
some jackass telling me to try back
This is a long term short unless they buy the poeple
that are putting them out of business. Does anybody
really see it any other way??????
It looks to me as though the big money players
are leaving old Sumner to hang in the breeze. Viacom
has to get rid of BB quickly or incur the wrath if
the federal government. The vertical integration of
Viacom/Showtime/Blockbuster is clearly illegal.
The big boys are
gonna take this puppy down even further.
The damage has
been done, and BB style revenue sharing
cure. It was a market share strategy, employed and
by Sumner Redstone, trying to fool Wall Street. It's
like the frog that
puffs itself up to try and look
bigger than he is. And just like that frog,
to see this business strategy croak.
OVER-SATURATING AN ALREADY FLOODED MARKET WITH
MORE COPIES OF
VIDEOS THAN ANYONE COULD POSSIBLY USE
DOES NOT MAKE
GOOD ECONOMIC SENSE. You know it, I know it,
Wall Street knows it. Now if only Blockbuster would
admit it, and stop
trying to scam investors, and
cram revenue sharing down the throats of
industry that FARED SO MUCH BETTER, INCLUDING THEM,
IT, then, and only then, would there be any chance to
Mark Wattles said long
ago, "If everybody revenue shares, then revenue
sharing won't work." He spoke a simple truth. Revenue
work for movie theaters, in and of
itself, and it can't work for Video
Blockbuster lost $300+ million in 1997 and 1998, and an "as
determined multi-million dollar loss for
1999. Their stock just hit an ALL-
TIME LOW today,
as their fourth quarter results DID NOT meet
Street's expectations. Video rental business was DOWN 9%
as a whole
industry, for the fourth quarter of
1999. Christmas week was down a
This, with more copies than ever on the street. Are
getting the picture yet? The Hollywood Studios just had
their best year
ever. Not the movie theaters. And
NOT the Video Industry. But, for some
reason, we're allowing them to convert our "successful
strategy," into a money losing, revenue sharing model, of
THEY CAN PROFIT. Due your due
dilligence. Check the facts. I am not
Redstone doesn't rent videos, and never
Redstone HATES Blockbuster, and that is why he has
everything in his power to spin it off from his empire.
SUPPORT THE FAIR LAWSUIT WITH EVERYTHING YOU CAN.
Those are exactly the kinds of titles BB will
have 30-40 copies of (especialy Showtime exclusives).
BB leads people to believe a movie is good just
because there are so many copies. I do my customers a
service by not getting any copies of these kinds of dogs!