That is why I put it up w/o commentary. I am not certain what the implications are, or what is "blockbuster" in this context. They state that all material operations ceased in 2013, so the implication is that it is in reference to B&M.
2. Summary of Significant Accounting Policies
Principles of Consolidation and Basis of Presentation
We consolidate all majority owned subsidiaries, investments in entities in which we have controlling influence and variable interest entities where we have been determined to be the primary beneficiary. Minority interests are recorded as noncontrolling interest. Non-majority owned investments are accounted for using the equity method when we have the ability to significantly influence the operating decisions of the investee. When we do not have the ability to significantly influence the operating decisions of an investee, the cost method is used. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform to the current period presentation.
As of December 31, 2013, Blockbuster had ceased all material operations. Accordingly, our Consolidated Balance Sheets, Consolidated Statements of Operations and Comprehensive Income (Loss) and Consolidated Statements of Cash Flows have been recast to present the operations of Blockbuster as discontinued for all periods presented and the amounts presented in the Notes to our Consolidated Financial Statements relate only to our continuing operations, unless otherwise noted. See Note 10 for additional information regarding our discontinued operations.
I will have to double check, but I believe that Dish says in their 10K that they only report on Subs where they are a "majority owner" which would explain the missing revenue.
seriously? how is it different? for one thing, you don't have to be a dish sub to use bbod. Another issue is that you don't have to be in the US. That is another potential no-no. Are they are commingling domestic and international revenues? Even the fraudsters at Netflix break out along domestic, streaming and physical.
So you can't prove it then? Even if they are violating no rules by consolidating revenues from separate entities engaged in markedly different activities (which is highly suspect), there is no way of proving that they are or aren't recording this revenue. how convenient.
It is just another one of several unanswered questions and illogical behavior from a company that ostensibly owns the entire package.
I took a look. And, although it is not near as polished as Netflix, it is interesting that they offer some newer content for Rent or Purchase in addition to the subscriber content. No one else is doing this as far as I can tell. You either have the subscription model or the rental/purchase model. This is the first hybrid I have seen.
Ridiculous assertion. You are claiming all of the licensing, franchise, and digital revenue are not material enough to warrant a separate line item? That is an entirely different source of revenue from the subscription pay tv bread and butter, yet they would just bake it into the same line item. don't think so. Even if they were using the cloudy "Dish Digital" vehicle, it would have had to show up prior to rolling in those revenues.
Hmm it would tie in nicely with all of the VZ chatter.
I installed HBO go on a PS3 last night and noticed Redbox instant is on that platform as well. I will try and download it to see what the content is like.
Go watch the bloomberg video linked on Tim Farrar's twitter page. Very, very interesting. Even speculation that VZ will take out Dish.
Dish Takes Lead in Race to Offer Streaming TV to Rival Cable
By Edmund Lee, Scott Moritz and Alex Sherman Mar 4, 2014 2:16 PM CT 0 Comments Email Print
In the race to send television through the Internet, Charlie Ergen’s Dish Network Corp. (DISH) is pulling ahead.
With a groundbreaking agreement yesterday with Walt Disney Co., the satellite-TV company is poised to be the first to offer an Internet-based competitor to cable TV, a new kind of business that other major companies such as Intel Corp. (INTC) and Apple Inc. have tried -- and so far failed -- to deliver.
The agreement gave Dish the rights to carry the Disney Channel, ABC and ESPN online in a service known as over-the-top, or OTT, because it runs over an Internet connection. In exchange, Ergen agreed to put limits on Dish’s ad-skipping technology. Dish now plans to negotiate with other major cable networks, offering similar terms to get online rights.
“Every deal is different, but certainly there are parameters we agreed to that will help us define how we approach the OTT business,” said Dave Shull, Dish’s chief commercial officer, in an interview. “Disney-ESPN content has a great deal of appeal and is a core of what we want to offer on the OTT side. They moved first and we will build around that.”
An Internet-based TV package would give consumers a new option beyond cable, satellite and phone companies to get access to their favorite channels. For Dish, it would be a way to gain new subscribers at a fraction of the cost, since online delivery doesn’t require as much physical equipment. It also gives Dish a potentially bigger market since it would no longer be limited to consumers who are willing or allowed to mount satellite dishes on their homes.
Dish is working on price and packaging, and it’s too early to speculate on when it might introduce the service, Shull said. The company aims to offer the service as soon as it can get enough programming deals in plac
Walter Piecyk @WaltBTIG 49m
$VZ CEO “I think over the top is coming. We think you could also do a wireless OTT play as well.”