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	<title>BGR: The Three Biggest Letters In Tech &#187; Blockbuster</title>
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		<title>Blockbuster Movie Pass streams unlimited content, but only for Dish subscribers</title>
		<link>http://www.bgr.com/2011/09/23/blockbuster-movie-pass-streams-unlimited-content-but-only-for-dish-subscribers/</link>
		<comments>http://www.bgr.com/2011/09/23/blockbuster-movie-pass-streams-unlimited-content-but-only-for-dish-subscribers/#comments</comments>
		<pubDate>Sat, 24 Sep 2011 03:15:55 +0000</pubDate>
		<dc:creator>Zach Epstein</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[Dish]]></category>
		<category><![CDATA[Movies]]></category>
		<category><![CDATA[netflix]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[Tv shows]]></category>
		<category><![CDATA[Watch Instantly]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=104924</guid>
		<description><![CDATA[Dish Network on Friday announced the upcoming availability of Blockbuster Movie Pass, an unlimited video streaming service akin to Netflix&#8217;s &#8220;Watch Instantly.&#8221; Beginning October 1st, Dish subscribers will have unlimited access to a small library of digital content that they can stream to a PC or to a TV using a standard Dish set-top box. While Netflix is moving in a completely different direction, having just spun off its DVD rental service to focus on streaming, Dish is sticking with the multi-pronged approach as Blockbuster&#8217;s best bet. &#8220;We&#8217;ve created a package that combines the best assets of the movie entertainment and video gaming industries with the convenience and integration provided by a multichannel video provider,&#8221; said Blockbuster president Michael Kelly in a statement.]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/09/23/blockbuster-movie-pass-streams-unlimited-content-but-only-for-dish-subscribers"><img class="size-full wp-image-104925 aligncenter" title="Blockbuster-ticket-logo" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/09/Blockbuster-ticket-logo.jpg" alt="" width="500" height="296" /></a></center>
<p>Dish Network on Friday announced the upcoming availability of Blockbuster Movie Pass, an unlimited video streaming service akin to Netflix&#8217;s &#8220;Watch Instantly.&#8221; Beginning October 1st, Dish subscribers will have unlimited access to a small library of digital content that they can stream to a PC or to a TV using a standard Dish set-top box. While Netflix is moving in a completely different direction, having just <a href="http://www.bgr.com/2011/09/19/netflix-spins-dvd-rentals-into-new-business-dubbed-qwikster/">spun off its DVD rental service to focus on streaming</a>, Dish is sticking with the multi-pronged approach as Blockbuster&#8217;s best bet. &#8220;We&#8217;ve created a package that combines the best assets of the movie entertainment and video gaming industries with the convenience and integration provided by a multichannel video provider,&#8221; said Blockbuster president Michael Kelly in a statement. &#8220;Blockbuster Movie Pass is the ultimate programming package for every movie buff. The combination of DVDs by mail and unlimited in-store exchanges provides more than 100 million people living near Blockbuster stores, which are open 7 days a week, immediate satisfaction and unmatched choice.&#8221; Dish&#8217;s full press release follows below.<span id="more-104924"></span></p>
<blockquote><p><strong>DISH Network Introduces Blockbuster Movie Pass, Featuring First Subscription Streaming Movie Service Bundle in Pay TV Industry</strong></p>
<p><em>First Year of Blockbuster Movie Pass Included with DISH Network Subscription<br />
One Company, One Bill, One Connection<span style="font-weight: normal;"> </span></em></p>
<p>ENGLEWOOD, Colo., Sept. 23, 2011 /PRNewswire/ &#8211; DISH Network L.L.C. and Blockbuster L.L.C. announced today Blockbuster Movie Pass, the most comprehensive TV entertainment programming package ever delivered by a multichannel pay TV provider.</p>
<p>Beginning Oct. 1, 2011, Blockbuster Movie Pass is available for DISH Network customers, starting at $10 per month, combining the best of TV with the best of movies and games. It features a pay TV industry first: a subscription streaming movie service bundle available on the TV or PC. This programming package is unmatched by any other cable, satellite, telco or online streaming movie service.</p>
<p>Blockbuster Movie Pass includes the following:</p>
<ul>
<li>Mail It! — More than 100,000 DVD movies, TV shows and games available by mail. No additional charge for high definition Blu-ray™ movies. One, two or three disc plans available. Queue management made conveniently from a link at <a href="http://www.dish.com/">www.dish.com</a>.</li>
<li>Stream it! — Stream more than 3,000 movies to the TV. Stream more than 4,000 movies to the PC. Watch hundreds of on-demand TV shows.</li>
<li>Play it! — More than 3,000 video games by mail for XBOX®, XBOX 360®, Playstation2™, Playstation3™, and Nintendo Wii™.</li>
<li>Exchange it! — Unlimited exchanges of DVDs and video games at participating Blockbuster stores.</li>
<li>Watch it! — More than 20 premium entertainment movie channels from studios like MGM, Epix, Sony Movie Channel, PixL and more.</li>
</ul>
<p>&#8220;With millions of Internet-enabled DISH Network set-top boxes deployed in U.S. homes and our ability to offer services from the iconic Blockbuster brand, we are uniquely positioned to take advantage of the myriad of ways consumers seek access to their favorite movies, TV shows or games,&#8221; said Joe Clayton, CEO of DISH Network. &#8220;When you combine Blockbuster Movie Pass with a DISH Network subscription, you get endless entertainment options and convenient access to the content you want, when you want it. And unlike other companies, we offer the simplicity of one company, one bill and one connection.&#8221;</p>
<p>From Oct. 1 through Jan. 31, 2012, DISH Network is offering new customers Blockbuster Movie Pass <span style="text-decoration: underline;">included</span> with their DISH Network subscription for one year when they subscribe to DISH Network&#8217;s America&#8217;s Top 200 programming package or greater and commit to 24 months of DISH Network service. This is up to $360 in savings.</p>
<p>Blockbuster Movie Pass is also <span style="text-decoration: underline;">included</span> for three months for new DISH Network customers who subscribe to America&#8217;s Top 120 programming package. After the promotional period, Blockbuster Movie Pass starts at just $10 per month. Access to the subscription streaming movie service requires a DISH Network HD DVR.</p>
<p>&#8220;We&#8217;ve created a package that combines the best assets of the movie entertainment and video gaming industries with the convenience and integration provided by a multichannel video provider,&#8221; said Michael Kelly, president of Blockbuster. &#8220;Blockbuster Movie Pass is the ultimate programming package for every movie buff. The combination of DVDs by mail and unlimited in-store exchanges provides more than 100 million people living near Blockbuster stores, which are open 7 days a week, immediate satisfaction and unmatched choice.&#8221;</p></blockquote>
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			<wfw:commentRss>http://www.bgr.com/2011/09/23/blockbuster-movie-pass-streams-unlimited-content-but-only-for-dish-subscribers/feed/</wfw:commentRss>
		<slash:comments>33</slash:comments>
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		<title>Blockbuster again targets Netflix, readies streaming service</title>
		<link>http://www.bgr.com/2011/09/23/blockbuster-again-targets-netflix-readies-streaming-service/</link>
		<comments>http://www.bgr.com/2011/09/23/blockbuster-again-targets-netflix-readies-streaming-service/#comments</comments>
		<pubDate>Fri, 23 Sep 2011 12:00:24 +0000</pubDate>
		<dc:creator>Zach Epstein</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[Dish]]></category>
		<category><![CDATA[Movies]]></category>
		<category><![CDATA[netflix]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[Tv shows]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=104828</guid>
		<description><![CDATA[Former home entertainment heavyweight Blockbuster is preparing to unveil a new streaming media service later today that will aim to take a bite out of Netflix&#8217;s future. While the company has made no official announcements at this point, invitations to a 1:00 p.m. Eastern press conference refer to a new service that is a &#8220;stream come true.&#8221; This is not the first time Blockbuster has chased Netflix in an effort to save its faltering business. The company introduced its &#8220;Total Access&#8221; service years ago — a spitting image of the DVD rentals-by-mail service that made Netflix the giant it is today — but the lack of a compelling argument and a string of terrible policy changes takes us to where we]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/09/23/blockbuster-again-targets-netflix-readies-streaming-service"><img class="size-full wp-image-83733 aligncenter" title="blockbuster-closing" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/blockbuster-closing110404133143.jpg" alt="" width="652" height="434" /></a></center>
<p>Former home entertainment heavyweight Blockbuster is preparing to unveil a new streaming media service later today that will aim to take a bite out of Netflix&#8217;s future. While the company has made no official announcements at this point, invitations to a 1:00 p.m. Eastern press conference refer to a new service that is a &#8220;stream come true.&#8221; This is not the first time Blockbuster has chased Netflix in an effort to save its faltering business. The company introduced its &#8220;Total Access&#8221; service years ago — a spitting image of the DVD rentals-by-mail service that made Netflix the giant it is today — but the <a href="http://www.bgr.com/2009/08/24/blockbuster-sheds-34-of-total-access-subscribers-last-quarter/">lack of a compelling argument and a string of terrible policy changes</a> takes us to where we are today: Blockbuster filed for bankruptcy and was subsequently <a href="http://www.bgr.com/2011/04/07/dishs-blockbuster-buy-approved-by-judge/">bought at auction by Dish Network</a>. <a href="http://www.bgr.com/2011/08/02/blockbuster-tries-to-lure-customers-back-following-acquisition/">The firm&#8217;s Total Access service remains operational</a>, though Netflix is <a href="http://www.bgr.com/2011/09/19/netflix-spins-dvd-rentals-into-new-business-dubbed-qwikster/">doing everything it can to bury its DVD service</a>, and now Blockbuster will take the next step in its attempted comeback.</p>
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		<slash:comments>34</slash:comments>
	<media:thumbnail>http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/blockbuster-closing110404133143-80x80.jpg</media:thumbnail>	</item>
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		<title>Blockbuster tries to lure customers back following acquisition</title>
		<link>http://www.bgr.com/2011/08/02/blockbuster-tries-to-lure-customers-back-following-acquisition/</link>
		<comments>http://www.bgr.com/2011/08/02/blockbuster-tries-to-lure-customers-back-following-acquisition/#comments</comments>
		<pubDate>Tue, 02 Aug 2011 11:00:48 +0000</pubDate>
		<dc:creator>Zach Epstein</dc:creator>
				<category><![CDATA[Home Entertainment]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[blu-ray]]></category>
		<category><![CDATA[Discount]]></category>
		<category><![CDATA[Dish Network]]></category>
		<category><![CDATA[DVD rental]]></category>
		<category><![CDATA[netflix]]></category>
		<category><![CDATA[Promotion]]></category>
		<category><![CDATA[Redbox]]></category>
		<category><![CDATA[rentals]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[Total Access]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=98527</guid>
		<description><![CDATA[Following bankruptcy and an ensuing acquisition at auction, Blockbuster is now trying to lure back the hordes of customers it lost to competitors like Redbox and Netflix. A BGR reader sent us a letter that Blockbuster is circulating to recent defectors in an effort to win back their business in a post-Dish Network world. Among the carrots Blockbuster is currently dangling are a free 30-day Total Access trial and a &#8220;special rate,&#8221; though that special rate is not disclosed in the email. Blockbuster&#8217;s Total Access service was created as a direct response to Netflix, offering DVD rentals by mail just as Netflix does, though Blockbuster&#8217;s option is now more affordable following Netflix&#8217;s price hikes. Of course Total Access used to be a]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/08/02/blockbuster-tries-to-lure-customers-back-following-acquisition"><img class="size-full wp-image-83733 aligncenter" title="blockbuster-closing" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/blockbuster-closing110404133143.jpg" alt="" width="652" height="434" /></a></center>
<p>Following bankruptcy and an ensuing <a href="http://www.bgr.com/2011/04/07/dishs-blockbuster-buy-approved-by-judge/">acquisition at auction</a>, Blockbuster is now trying to lure back the <a href="http://www.bgr.com/2009/08/24/blockbuster-sheds-34-of-total-access-subscribers-last-quarter/">hordes of customers it lost</a> to competitors like Redbox and Netflix. A BGR reader sent us a letter that Blockbuster is circulating to recent defectors in an effort to win back their business in a post-Dish Network world. Among the carrots Blockbuster is currently dangling are a free 30-day Total Access trial and a &#8220;special rate,&#8221; though that special rate is not disclosed in the email. Blockbuster&#8217;s Total Access service was created as a direct response to Netflix, offering DVD rentals by mail just as Netflix does, though Blockbuster&#8217;s option is now more affordable following <a href="http://www.bgr.com/2011/07/26/netflix-could-lose-2-5-million-subscribers-following-rate-increase/">Netflix&#8217;s price hikes</a>. Of course <a href="http://www.bgr.com/2009/03/08/blockbuster-continues-fight-to-become-irrelevant-with-new-total-access-policy-change/">Total Access used to be a much more attractive option than it is in its current state</a>, but the lower pricing and the quicker availability of new titles could be attractive benefits over rival Netflix. Blockbuster&#8217;s letter to former Total Access customers can be found below.<span id="more-98527"></span></p>
<blockquote><p>Dear [redacted],</p>
<p>Just 90 days ago I became the president of Blockbuster. In that time, our company has worked tirelessly to improve our product and regain your trust. We have reduced in-store DVD rental prices by as much as 38%, while other companies have raised prices by as much as 60%. Millions of customers have rewarded us by visiting our stores and experiencing our unmatched choice, convenience and value.</p>
<p>You&#8217;ve been part of the Blockbuster family before, and we want to earn your business again. For a limited time, we&#8217;re offering you a special rate and a free 30-day trial of Blockbuster Total Access.</p>
<p>Blockbuster Total Access is an outstanding alternative to other services. In addition to our everyday low pricing, you&#8217;ll get:</p>
<ul>
<li>Many of the newest movie releases 28 days before Netflix and Redbox.</li>
<li>Games and Blu-ray at no extra charge</li>
<li>Unlimited exchanges for free in-store movie rentals</li>
<li>Improved availability, especially of our new release titles</li>
</ul>
<p>We have more than 1,500 stores nationwide that will continue to provide excellent service and value and I invite you to take advantage of unlimited in-store exchanges. We hope you will agree that the Blockbuster experience is unmatched.</p>
<p>As a special offer to you, you&#8217;ll get a discounted rate if you sign up using the link in this email before September 15. Come say hello to the new Blockbuster — click here to start your 30-day free trial today.</p>
<p>Sincerely,<br />
Michael Kelly<br />
President, Blockbuster L.L.C.</p></blockquote>
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		<slash:comments>25</slash:comments>
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		<title>Sony PlayStation Vita could launch in October</title>
		<link>http://www.bgr.com/2011/08/01/sony-playstation-vita-could-launch-in-october/</link>
		<comments>http://www.bgr.com/2011/08/01/sony-playstation-vita-could-launch-in-october/#comments</comments>
		<pubDate>Tue, 02 Aug 2011 00:51:40 +0000</pubDate>
		<dc:creator>Todd Haselton</dc:creator>
				<category><![CDATA[Gaming]]></category>
		<category><![CDATA[Rumors]]></category>
		<category><![CDATA[$299.99]]></category>
		<category><![CDATA[249.99]]></category>
		<category><![CDATA[AT&T]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[console]]></category>
		<category><![CDATA[fall]]></category>
		<category><![CDATA[holiday]]></category>
		<category><![CDATA[launch]]></category>
		<category><![CDATA[october]]></category>
		<category><![CDATA[Vita]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=98542</guid>
		<description><![CDATA[Sony&#8217;s brand new portable gaming console, the PlayStation Vita, could launch as soon as this fall according to IGN. A Blockbuster flier in the United Kingdom started the rumor. The advertisement suggests the PS Vita Wi-Fi edition and 3G &#38; Wi-Fi model will both launch on October 28th. A Sony spokesperson confirmed with IGN that the company will begin a &#8220;phased global release&#8221; during the holiday season, but would not confirm specific dates. We already know that the Vita will cost $249.99 in the United States and that a version with AT&#38;T 3G will be available for $299.99. Hopefully we see the console hit U.S. shores by the holidays, too. Read on for a shot of the leaked flier. [Via]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/08/01/sony-playstation-vita-could-launch-in-october"><img class="size-full wp-image-98547 aligncenter" title="playstation-vita-2(1)" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/08/playstation-vita-21110801135125.jpg" alt="" width="652" height="329" /></a></center>
<p>Sony&#8217;s brand new portable gaming console, the <a href="http://www.bgr.com/2011/06/07/sony-playstation-vita-hands-on/">PlayStation Vita</a>, could launch as soon as this fall according to <em>IGN</em>. A Blockbuster flier in the United Kingdom started the rumor. The advertisement suggests the PS Vita Wi-Fi edition and 3G &amp; Wi-Fi model will both launch on October 28th. A Sony spokesperson confirmed with <em>IGN</em> that the company will begin a &#8220;phased global release&#8221; during the holiday season, but would not confirm specific dates. We already know that the Vita will cost $249.99 in the United States and that a version with AT&amp;T 3G will be available for $299.99. Hopefully we see the console hit U.S. shores by the holidays, too. Read on for a shot of the leaked flier. <span id="more-98542"></span></p>
<center><img class="size-full wp-image-98548 aligncenter" title="vita-coming-october-28th-20110729104238751" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/08/vita-coming-october-28th-20110729104238751110801135720.jpg" alt="" width="453" height="641" /></center>
<p>[Via <a href="http://gizmodo.com/5826452/we-might-see-sonys-playstation-vita-launch-late-october">Gizmodo</a>]</p>
<p><a href="http://uk.psp.ign.com/articles/118/1184950p1.html">Read</a></p>
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		<slash:comments>12</slash:comments>
	<media:thumbnail>http://www-bgr-com.vimg.net/wp-content/uploads/2011/08/playstation-vita-21110801135125-80x80.jpg</media:thumbnail>	</item>
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		<title>Hulu sued for patent infringement</title>
		<link>http://www.bgr.com/2011/07/29/hulu-sued-for-patent-infringement/</link>
		<comments>http://www.bgr.com/2011/07/29/hulu-sued-for-patent-infringement/#comments</comments>
		<pubDate>Fri, 29 Jul 2011 23:31:27 +0000</pubDate>
		<dc:creator>Todd Haselton</dc:creator>
				<category><![CDATA[Legal]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[CinemaNow]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[Delaware]]></category>
		<category><![CDATA[Hulu]]></category>
		<category><![CDATA[lawsuit]]></category>
		<category><![CDATA[microsoft]]></category>
		<category><![CDATA[On Demand]]></category>
		<category><![CDATA[patent infringement]]></category>
		<category><![CDATA[sue]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=98463</guid>
		<description><![CDATA[A firm named Rovi Corp has filed a complaint with the U.S. District court of Delaware alleging that Hulu infringes on one of its patents. Rovi Corp is not often in the headlines but its client list sports names of big hitter tech firms. Reuters said that Rovi licenses technology to Apple, Comcast and Microsoft and is even used to support the back-end of BlockBuster&#8217;s On Demand service and Best Buy&#8217;s CinemaNow. Hulu was put up for sale on June 24th and a number of companies are rumored to have been considering a bid on the streaming media company, including Apple. Hulu has yet to comment on the lawsuit. Read]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/07/29/hulu-sued-for-patent-infringement"><img class="size-full wp-image-87359 aligncenter" title="hulu1" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/hulu1110428195007.jpg" alt="" width="652" height="367" /></a></center>
<p>A firm named Rovi Corp has filed a complaint with the U.S. District court of Delaware alleging that Hulu infringes on one of its patents. Rovi Corp is not often in the headlines but its client list sports names of big hitter tech firms. <em>Reuters</em> said that Rovi licenses technology to Apple, Comcast and Microsoft and is even used to support the back-end of BlockBuster&#8217;s On Demand service and Best Buy&#8217;s CinemaNow. Hulu was put up <a href="http://www.bgr.com/2011/06/24/hulu-plus-launches-for-six-android-phones-as-company-is-put-up-for-sale/">for sale on June 24th</a> and a number of companies are rumored to have been considering a bid on the streaming media company, <a href="http://www.bgr.com/2011/07/23/apple-ponders-hulu-purchase/">including Apple</a>. Hulu has yet to comment on the lawsuit.<span id="more-98463"></span></p>
<p><a href="http://www.reuters.com/article/2011/07/29/us-hulu-lawsuit-idUSTRE76S4TV20110729">Read</a></p>
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		<slash:comments>17</slash:comments>
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		<title>Dish Network to shutter 200 more Blockbuster stores</title>
		<link>http://www.bgr.com/2011/07/22/dish-network-to-shutter-200-more-blockbuster-stores/</link>
		<comments>http://www.bgr.com/2011/07/22/dish-network-to-shutter-200-more-blockbuster-stores/#comments</comments>
		<pubDate>Fri, 22 Jul 2011 23:20:56 +0000</pubDate>
		<dc:creator>Zach Epstein</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[closing]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Dish Network]]></category>
		<category><![CDATA[Movies]]></category>
		<category><![CDATA[netflix]]></category>
		<category><![CDATA[out of business]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[TV]]></category>
		<category><![CDATA[Tv shows]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=97558</guid>
		<description><![CDATA[Dish Network on Thursday revealed plans to shutter 200 additional Blockbuster stores, dropping the number of nationwide locations to approximately 1,500. Dish won an auction to take control of Blockbuster and its remaining assets this past April, after the fallen giant filed for bankruptcy last September. Dish said that the 15,000 employees working in Blockbuster locations that will remain operational will not lose their jobs. The company also said employees of the locations set to be shuttered will have the opportunity to transfer to other stores. Blockbuster failed to evolve with the shifting movie rental industry — when it finally did begin to offer new portfolio options to compete with the likes of Netflix, it neglected to add any real]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/07/22/dish-network-to-shutter-200-more-blockbuster-stores"><img class="size-full wp-image-83733 aligncenter" title="blockbuster-closing" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/blockbuster-closing110404133143.jpg" alt="" width="652" height="434" /></a></center>
<p>Dish Network on Thursday revealed plans to shutter 200 additional Blockbuster stores, dropping the number of nationwide locations to approximately 1,500. <a href="http://www.bgr.com/2011/04/07/dishs-blockbuster-buy-approved-by-judge/">Dish won an auction</a> to take control of Blockbuster and its remaining assets this past April, after the fallen giant <a href="http://www.bgr.com/2010/09/23/blockbuster-filing-for-bankruptcy/">filed for bankruptcy last September</a>. Dish said that the 15,000 employees working in Blockbuster locations that will remain operational will not lose their jobs. The company also said employees of the locations set to be shuttered will have the opportunity to transfer to other stores. Blockbuster failed to evolve with the shifting movie rental industry — when it finally did begin to offer new portfolio options to compete with the likes of Netflix, it neglected to add any real value or differentiation beyond competitive offerings. Coupled with the expense of operating physical rental shops, Blockbuster didn&#8217;t stand a chance. Dish Network acquired Blockbuster&#8217;s in April for approximately $228 million in cash, and it remains to be seen whether or not Dish can manage to transform the current business into something worthwhile.<span id="more-97558"></span></p>
<p><a href="http://www.thewrap.com/movies/article/blockbuster-keeping-more-1500-stores-open-29328">Read</a></p>
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		<slash:comments>19</slash:comments>
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		<title>Dish&#8217;s Blockbuster buy approved by judge</title>
		<link>http://www.bgr.com/2011/04/07/dishs-blockbuster-buy-approved-by-judge/</link>
		<comments>http://www.bgr.com/2011/04/07/dishs-blockbuster-buy-approved-by-judge/#comments</comments>
		<pubDate>Fri, 08 Apr 2011 03:46:31 +0000</pubDate>
		<dc:creator>Zach Epstein</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[auction]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[Blockbuster stores]]></category>
		<category><![CDATA[Blockbuster video]]></category>
		<category><![CDATA[Dish Network]]></category>
		<category><![CDATA[DVD by mail]]></category>
		<category><![CDATA[Hearing]]></category>
		<category><![CDATA[judge]]></category>
		<category><![CDATA[Movies]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[streaming movies]]></category>
		<category><![CDATA[streaming tv]]></category>
		<category><![CDATA[Streaming Video]]></category>
		<category><![CDATA[TV]]></category>
		<category><![CDATA[Tv shows]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=84447</guid>
		<description><![CDATA[A bankruptcy judge on Thursday approved Dish Network&#8217;s winning bid and gave it the OK to acquire Blockbuster for $320 million. Dish&#8217;s bid topped other bidders including Cobalt Video, a group of hedge funds lead by Monarch Alternative Capital, and billionaire investor Carl Icahn earlier this week at an auction for Blockbuster&#8217;s business and assets. New York Judge Burton Lifland gave his approval in bankruptcy court, and Dish will now assume control of 1,700 remaining Blockbuster locations, the company&#8217;s DVD-by-mail business and its streaming video business. Now that a judge has approved the deal, Dish is expected to pay roughly $228 million for Blockbuster when factoring in the value of the fallen video giant&#8217;s remaining cash and other assets. Proceeds from the sale]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/04/07/dishs-blockbuster-buy-approved-by-judge"><img class="size-full wp-image-84126 aligncenter" title="Blockbuster-poster" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/Blockbuster-poster110406113116.jpg" alt="" width="652" height="443" /></a></center>
<p>A bankruptcy judge on Thursday approved <a href="http://www.bgr.com/2011/04/06/dish-network-wins-blockbuster-auction/">Dish Network&#8217;s winning bid</a> and gave it the OK to acquire Blockbuster for $320 million. Dish&#8217;s bid topped other bidders including Cobalt Video, a group of hedge funds lead by Monarch Alternative Capital, and billionaire investor Carl Icahn earlier this week at an auction for Blockbuster&#8217;s business and assets. New York Judge Burton Lifland gave his approval in bankruptcy court, and Dish will now assume control of 1,700 remaining Blockbuster locations, the company&#8217;s DVD-by-mail business and its streaming video business. Now that a judge has approved the deal, Dish is expected to pay roughly $228 million for Blockbuster when factoring in the value of the fallen video giant&#8217;s remaining cash and other assets. Proceeds from the sale will help Blockbuster&#8217;s creditors, which include multiple movie studios and Carl Icahn, reclaim a portion of the $1 billion they are collectively owed.<span id="more-84447"></span></p>
<p><a href="http://www.reuters.com/article/2011/04/07/us-blockbuster-sale-idUSTRE7364VE20110407">Read</a></p>
]]></content:encoded>
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		<slash:comments>2</slash:comments>
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		<title>Dish Network wins Blockbuster auction</title>
		<link>http://www.bgr.com/2011/04/06/dish-network-wins-blockbuster-auction/</link>
		<comments>http://www.bgr.com/2011/04/06/dish-network-wins-blockbuster-auction/#comments</comments>
		<pubDate>Wed, 06 Apr 2011 11:50:50 +0000</pubDate>
		<dc:creator>Zach Epstein</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[auction]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[Blockbuster stores]]></category>
		<category><![CDATA[Blockbuster video]]></category>
		<category><![CDATA[Dish Network]]></category>
		<category><![CDATA[DVD by mail]]></category>
		<category><![CDATA[Movies]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[streaming movies]]></category>
		<category><![CDATA[streaming tv]]></category>
		<category><![CDATA[Streaming Video]]></category>
		<category><![CDATA[TV]]></category>
		<category><![CDATA[Tv shows]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=84125</guid>
		<description><![CDATA[Pending approval at a hearing scheduled for Thursday, Dish Network will acquire Blockbuster Inc. following an auction that took place earlier this week. The company&#8217;s winning bid was approximately $320 million but the acquisition is expected to land at about $228 million in cash, taking into account Blockbuster&#8217;s inventory, available cash and other adjustments. Blockbuster was put up for sale at an auction on Monday following its recent bankruptcy filing, and several companies competed for control of Blockbuster&#8217;s business and assets. Dish&#8217;s winning bid topped several other bidders including Cobalt Video, a group of hedge funds lead by Monarch Alternative Capital, and billionaire investor Carl Icahn. &#8220;Blockbuster will complement our existing video offerings while presenting cross-marketing and service extension opportunities for]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/04/06/dish-network-wins-blockbuster-auction"><img class="size-full wp-image-84126 aligncenter" title="Blockbuster-poster" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/Blockbuster-poster110406113116.jpg" alt="" width="652" height="443" /></a></center>
<p>Pending approval at a hearing scheduled for Thursday, Dish Network will acquire Blockbuster Inc. following an auction that took place earlier this week. The company&#8217;s winning bid was approximately $320 million but the acquisition is expected to land at about $228 million in cash, taking into account Blockbuster&#8217;s inventory, available cash and other adjustments. <a href="http://www.bgr.com/2011/04/04/blockbusters-future-up-for-auction/">Blockbuster was put up for sale at an auction</a> on Monday following its recent bankruptcy filing, and several companies competed for control of Blockbuster&#8217;s business and assets. Dish&#8217;s winning bid topped several other bidders including Cobalt Video, a group of hedge funds lead by Monarch Alternative Capital, and billionaire investor Carl Icahn. &#8220;Blockbuster will complement our existing video offerings while presenting cross-marketing and service extension opportunities for Dish Network,&#8221; said Dish Network&#8217;s EVP of sales, marketing and programing, Tom Cullen.<span id="more-84125"></span></p>
<p><a href="http://www.reuters.com/article/2011/04/06/us-blockbuster-dishnetwork-idUSTRE7351VA20110406">Read</a></p>
]]></content:encoded>
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		<slash:comments>10</slash:comments>
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		<title>Facebook streaming movie trial sets sights on Netflix</title>
		<link>http://www.bgr.com/2011/03/08/facebook-streaming-movie-trial-sets-sights-on-netflix/</link>
		<comments>http://www.bgr.com/2011/03/08/facebook-streaming-movie-trial-sets-sights-on-netflix/#comments</comments>
		<pubDate>Tue, 08 Mar 2011 15:11:20 +0000</pubDate>
		<dc:creator>Zach Epstein</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[amazon]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[Hulu]]></category>
		<category><![CDATA[netflix]]></category>
		<category><![CDATA[Redbox]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[streaming movies]]></category>
		<category><![CDATA[streaming tv]]></category>
		<category><![CDATA[Streaming Video]]></category>
		<category><![CDATA[Warner Bros]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=79261</guid>
		<description><![CDATA[The Warner Bros. blockbuster The Dark Knight has become the first title to be made available for rental on Facebook, giving us our first glimpse of what ultimately could be a truly disruptive home entertainment product. Executives at Netflix, Hulu, Redbox and other similar services were no doubt squirming in their seats on Tuesday morning following the announcement that users can now use Facebook credits to rent The Dark Knight for $3. One rented, the movie can be streamed directly from the movie&#8217;s Facebook fan page for 48 hours. “Facebook has become a daily destination for hundreds of millions of people,” said Thomas Gewecke, President of Warner Bros. Digital Distribution, in a statement. “Making our films available through Facebook is]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.bgr.com/2011/03/08/facebook-streaming-movie-trial-sets-sights-on-netflix"><img class="size-full wp-image-79262 aligncenter" title="dark-knight-joker" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/03/dark-knight-joker110308133636.jpg" alt="" width="652" height="489" /></a></center>
<p>The Warner Bros. blockbuster <em>The Dark Knight</em> has become the first title to be made available for rental on Facebook, giving us our first glimpse of what ultimately could be a truly disruptive home entertainment product. Executives at Netflix, Hulu, Redbox and other similar services were no doubt squirming in their seats on Tuesday morning following the announcement that users can now use Facebook credits to rent <em>The Dark Knight</em> for $3. One rented, the movie can be streamed directly from the movie&#8217;s Facebook fan page for 48 hours. “Facebook has become a daily destination for hundreds of millions of people,” said Thomas Gewecke, President of Warner Bros. Digital Distribution, in a statement. “Making our films available through Facebook is a natural extension of our digital distribution efforts. It gives consumers a simple, convenient way to access and enjoy our films through the world’s largest social network.” Warner Bros. said it also plans to make digital movies available for purchase via Facebook. Hit the break for Warner Bros.&#8217; full press release.<span id="more-79261"></span></p>
<blockquote><p><strong>WARNER BROS. ENTERTAINMENT BECOMES FIRST HOLLYWOOD STUDIO TO OFFER MOVIES DIRECTLY ON FACEBOOK</strong></p>
<p><em>MILLIONS OF WARNER BROS. FACEBOOK FANS CAN NOW RENT MOVIES USING FACEBOOK CREDITS AND STREAM WITHIN STUDIO’S MOVIE FAN PAGES</em></p>
<p><em>PROGRAM WILL EXPAND TO DIGITAL MOVIE PURCHASES IN THE NEAR FUTURE</em></p>
<p>Warner Bros. Digital Distribution (WBDD), a market leader in video-on-demand and electronic sell-through, today announced it will begin testing an offering of selected movies for purchase or rental through Warner Bros. Entertainment’s Facebook movie Pages. Consumers will be able to use Facebook Credits to easily buy or rent a title, all while staying connected to Facebook.</p>
<p>Starting today, millions of fans who “Liked” Christopher Nolan’s blockbuster film “The Dark Knight” can rent the title through its official Facebook Page (http://www.facebook.com/darkknight). Consumers simply click on the “rent” icon to apply their Facebook Credits, and within seconds they will begin enjoying the film. The cost per rental is 30 Facebook Credits or $3. This offering is presently available only to consumers in the United States. Additional titles will be made available for rental and purchase on a regular basis over the coming months.</p>
<p>“Facebook has become a daily destination for hundreds of millions of people,” said Thomas Gewecke, President of Warner Bros. Digital Distribution. “Making our films available through Facebook is a natural extension of our digital distribution efforts. It gives consumers a simple, convenient way to access and enjoy our films through the world’s largest social network.”</p>
<p>Fans will have full control over the film while watching it through their Facebook account for up to 48 hours from purchase. They can choose to watch it in full screen, pause the movie, and resume playing it when they log back into Facebook. Consumers will also have full Facebook functionality including the ability to post comments on the movie, interact with friends and update their status.</p>
<p>“The Dark Knight”<br />
The follow-up to “Batman Begins,” Warner Bros. Pictures’ and Legendary Pictures’ “The Dark Knight” reunites director Christopher Nolan and star Christian Bale, who reprises the role of “Batman/Bruce Wayne” in his continuing war on crime. With the help of Lt. Jim Gordon and District Attorney Harvey Dent, Batman sets out to destroy organized crime in Gotham for good. The triumvirate proves effective, but soon find themselves prey to a rising criminal mastermind known as The Joker, who thrusts Gotham into anarchy and forces Batman closer to crossing the fine line between hero and vigilante.</p>
<p>The film also stars Michael Caine as “Alfred”; Heath Ledger as “The Joker”; Gary Oldman as “Jim Gordon”; Aaron Eckhart as “Harvey Dent”; Maggie Gyllenhaal as “Rachel Dawes”; and Morgan Freeman as “Lucius Fox.” Nolan directed the film from a screenplay written by Jonathan Nolan and Christopher Nolan, story by Christopher Nolan &amp; David S. Goyer. The producers are Charles Roven, Emma Thomas and Christopher Nolan.</p></blockquote>
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		<slash:comments>28</slash:comments>
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		<title>Blockbuster filing for bankruptcy</title>
		<link>http://www.bgr.com/2010/09/23/blockbuster-filing-for-bankruptcy/</link>
		<comments>http://www.bgr.com/2010/09/23/blockbuster-filing-for-bankruptcy/#comments</comments>
		<pubDate>Thu, 23 Sep 2010 11:20:50 +0000</pubDate>
		<dc:creator>Andrew Munchbach</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Video]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[Chapter 11]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Restructure]]></category>
		<category><![CDATA[Retail]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=61012</guid>
		<description><![CDATA[Via a press release, Blockbuster has announced a &#8220;pre-arranged&#8221; bankruptcy in order to &#8220;recapitalize&#8221; and &#8220;substantially reduce its indebtedness.&#8221; The Chapter 11 filing will take the embattled company&#8217;s debt from roughly $1 billion down to $100 million; the filing is for the company&#8217;s U.S. branches only. &#8220;Blockbuster franchise locations in both the U.S. and abroad are independently owned, operated and funded, and are also continuing normal business operations,&#8221; explained the press release. Unfortunately, if you happen to hold some Blockbuster debt &#8212; and are not part of the company&#8217;s 11 &#8220;3/4 percent senior secured note holders&#8221; &#8211; you&#8217;re going to be out in the cold. &#8220;Under the proposed plan, there would be no recovery by the holders of the Company’s outstanding subordinated debt, preferred stock or]]></description>
			<content:encoded><![CDATA[<center><a href="http://investor.blockbuster.com/phoenix.zhtml?c=99383&amp;p=irol-newsArticle&amp;ID=1474126&amp;highlight="><img class="size-full wp-image-61013 aligncenter" title="Blockbuster Video" src="http://www-bgr-com.vimg.net/wp-content/uploads/2010/09/blockbuster.jpeg" alt="" width="640" height="384" /></a></center>
<p>Via a press release, Blockbuster has announced a &#8220;pre-arranged&#8221; bankruptcy in order to &#8220;recapitalize&#8221; and &#8220;substantially reduce its indebtedness.&#8221; The Chapter 11 filing will take the embattled company&#8217;s debt from roughly $1 billion down to $100 million; the filing is for the company&#8217;s U.S. branches only. &#8220;Blockbuster franchise locations in both the U.S. and abroad are independently owned, operated and funded, and are also continuing normal business operations,&#8221; explained the press release. Unfortunately, if you happen to hold some Blockbuster debt &#8212; and are not part of the company&#8217;s 11 &#8220;3/4 percent senior secured note holders&#8221; &#8211; you&#8217;re going to be out in the cold. &#8220;Under the proposed plan, there would be no recovery by the holders of the Company’s outstanding subordinated debt, preferred stock or common stock,&#8221; reads the filing. Hit the read link for the full release.<span id="more-61012"></span></p>
<p><a href="http://investor.blockbuster.com/phoenix.zhtml?c=99383&amp;p=irol-newsArticle&amp;ID=1474126&amp;highlight=">Read</a></p>
]]></content:encoded>
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		<slash:comments>20</slash:comments>
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		<title>L.A. Times: Blockbuster to file Chapter 11 next month</title>
		<link>http://www.bgr.com/2010/08/27/l-a-times-blockbuster-to-file-chapter-11-next-month/</link>
		<comments>http://www.bgr.com/2010/08/27/l-a-times-blockbuster-to-file-chapter-11-next-month/#comments</comments>
		<pubDate>Fri, 27 Aug 2010 13:28:50 +0000</pubDate>
		<dc:creator>Andrew Munchbach</dc:creator>
				<category><![CDATA[Retail]]></category>
		<category><![CDATA[Video]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[Chapter 11]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=59564</guid>
		<description><![CDATA[The Los Angeles Times is reporting that the once mighty Blockbuster will file for bankruptcy as early as next month. The Times quotes anonymous sources &#8220;familiar with the matter&#8221; in the report and explains that the filing could take five months and see 500 to 800 retail outlets closed. The company is seeking protection under Chapter 11 in order to restructure their current debt-load of roughly $1 billion (that&#8217;s billion with a &#8220;b&#8221;). The bankruptcy is being described as pre-planned, and most of Blockbuster&#8217;s creditors will have some sort of deal in place with the company when the filing is made official. Read]]></description>
			<content:encoded><![CDATA[<center><a href="http://latimesblogs.latimes.com/entertainmentnewsbuzz/2010/08/blockbuster-tells-hollywood-studios-its-preparing-for-midseptember-bankruptcy.html"><img class="size-full wp-image-10436 aligncenter" title="blockbuster-logo" src="http://www-bgr-com.vimg.net/wp-content/uploads/blockbuster-logo.jpg" alt="" width="300" height="184" /></a></center>
<p>The Los Angeles Times is reporting that the once mighty Blockbuster will file for bankruptcy as early as next month. The Times quotes anonymous sources &#8220;familiar with the matter&#8221; in the report and explains that the filing could take five months and see 500 to 800 retail outlets closed. The company is seeking protection under Chapter 11 in order to restructure their current debt-load of roughly $1 billion (that&#8217;s billion with a &#8220;b&#8221;). The bankruptcy is being described as pre-planned, and most of Blockbuster&#8217;s creditors will have some sort of deal in place with the company when the filing is made official.<span id="more-59564"></span></p>
<p><a href="http://latimesblogs.latimes.com/entertainmentnewsbuzz/2010/08/blockbuster-tells-hollywood-studios-its-preparing-for-midseptember-bankruptcy.html">Read</a></p>
]]></content:encoded>
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		<slash:comments>44</slash:comments>
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		<title>Redbox developing an online streaming service to compete with Netflix?</title>
		<link>http://www.bgr.com/2010/07/20/redbox-developing-an-online-streaming-service-to-compete-with-netflix/</link>
		<comments>http://www.bgr.com/2010/07/20/redbox-developing-an-online-streaming-service-to-compete-with-netflix/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 10:35:15 +0000</pubDate>
		<dc:creator>Kelly Hodgkins</dc:creator>
				<category><![CDATA[Home Entertainment]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[movie]]></category>
		<category><![CDATA[netflix]]></category>
		<category><![CDATA[Redbox]]></category>
		<category><![CDATA[rental]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=56348</guid>
		<description><![CDATA[Redbox is reportedly exploring possibilites to expand its movie rental service beyond kiosks and onto the Internet. According to Redbox President Mitch Lowe, Redbox is considering a web service to to expand the availability of its 100,000 movie catalog and to make it easier for consumers to access its service. Initial details are not expected to be unveiled until October but the movie rental company could benefit from a strong online offering. With Blockbuster on the decline and interest in online streaming exploding, Redbox has an opportunity to grab some market share before the field gets over-crowded. Read]]></description>
			<content:encoded><![CDATA[<center><a href="http://www.businessweek.com/news/2010-07-19/redbox-plots-web-strategy-in-challenge-to-netflix-on-home-turf.html"><img class="alignnone size-full wp-image-56374" title="RedboxWalmartPhoto" src="http://www-bgr-com.vimg.net/wp-content/uploads/2010/07/RedboxWalmartPhoto.jpg" alt="RedboxWalmartPhoto" width="599" height="546" /></a></center>
<p>Redbox is reportedly exploring possibilites to expand its movie rental service beyond kiosks and onto the Internet. According to Redbox President Mitch Lowe, Redbox is considering a web service to to expand the availability of its 100,000 movie catalog and to make it easier for consumers to access its service. Initial details are not expected to be unveiled until October but the movie rental company could benefit from a strong online offering. With Blockbuster on the decline and interest in online streaming exploding, Redbox has an opportunity to grab some market share before the field gets over-crowded. <span id="more-56348"></span></p>
<p><a href="http://www.businessweek.com/news/2010-07-19/redbox-plots-web-strategy-in-challenge-to-netflix-on-home-turf.html">Read</a></p>
]]></content:encoded>
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		<slash:comments>22</slash:comments>
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		<title>Blockbuster to be delisted from the NYSE</title>
		<link>http://www.bgr.com/2010/07/03/blockbuster-to-be-delisted-from-the-nyse/</link>
		<comments>http://www.bgr.com/2010/07/03/blockbuster-to-be-delisted-from-the-nyse/#comments</comments>
		<pubDate>Sat, 03 Jul 2010 15:30:52 +0000</pubDate>
		<dc:creator>Kelly Hodgkins</dc:creator>
				<category><![CDATA[Home Entertainment]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Financials]]></category>
		<category><![CDATA[movie]]></category>
		<category><![CDATA[NYSE]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=54919</guid>
		<description><![CDATA[Blockbuster continues its downward spiral as it has been suspended from trading and forced to delist from the NYSE effective next Wednesday. Currently trading at $0.18 per share, Blockbuster failed to win majority stockholder approval last week for a reverse stock split that would have brought its stock above the $1 threshold and back in compliance with the NYSE. In a move that delays any immediate bankruptcy proceedings, Blockbuster was given a one-month reprieve on debt payments that the movie rental giant failed to pay on July 1st. The creditors, which hold nearly $440 million of Blockbuster&#8217;s whopping $920 million of debt, agreed to postpone any &#8220;remedies&#8221; until August 13th. In the upcoming weeks, Blockbuster is hoping to negotiate with]]></description>
			<content:encoded><![CDATA[<center><a href="http://online.wsj.com/article/SB10001424052748703571704575340900845194966.html"><img class="size-full wp-image-45569 aligncenter" title="Blockbuster-store" src="http://www-bgr-com.vimg.net/wp-content/uploads/2010/03/Blockbuster-store.jpg" alt="Blockbuster-store" width="460" height="287" /></a></center>
<p>Blockbuster continues its downward spiral as it has been suspended from trading and forced to delist from the NYSE effective next Wednesday. Currently trading at $0.18 per share, Blockbuster failed to win majority stockholder approval last week for a reverse stock split that would have brought its stock above the $1 threshold and back in compliance with the NYSE. In a move that delays any immediate bankruptcy proceedings, Blockbuster was given a one-month reprieve on debt payments that the movie rental giant failed to pay on July 1st. The creditors, which hold nearly $440 million of Blockbuster&#8217;s whopping $920 million of debt, agreed to postpone any &#8220;remedies&#8221; until August 13th. In the upcoming weeks, Blockbuster is hoping to negotiate with partners to get a quick infusion of cash by possibly converting some bondholders to equity investors. This quick fix may be a little too little, a little too late and may only delay the inevitable bankruptcy as Blockbuster shows no signs of becoming profitable in the foreseeable future. <span id="more-54919"></span></p>
<p><a href="http://online.wsj.com/article/SB10001424052748703571704575340900845194966.html">Read</a></p>
]]></content:encoded>
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		<slash:comments>66</slash:comments>
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		<title>Blockbuster looking to sell its European stores?</title>
		<link>http://www.bgr.com/2010/03/15/blockbuster-looking-to-sell-its-european-stores/</link>
		<comments>http://www.bgr.com/2010/03/15/blockbuster-looking-to-sell-its-european-stores/#comments</comments>
		<pubDate>Mon, 15 Mar 2010 17:02:35 +0000</pubDate>
		<dc:creator>Kelly Hodgkins</dc:creator>
				<category><![CDATA[Home Entertainment]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[Denmark]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[ireland]]></category>
		<category><![CDATA[Italy]]></category>
		<category><![CDATA[movie]]></category>
		<category><![CDATA[rental]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[UK]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=45568</guid>
		<description><![CDATA[After a disappointing Q4 2009 performance, Blockbuster&#8217;s woes continue with the US video giant looking to pawn off its European operations as a means of generating some much needed cash. According to a report from the Sunday Times, Blockbuster has hired Winchester Capital to sell off its European division which includes 650 stores in the UK and an unknown number of stores in Denmark, Italy, and Ireland. Combined, these assets could net Blockbuster a respectable £50m ($76M USD) at a time when the movie rental king is hemorrhaging cash and straining under the weight of increasing debt which now totals $964 million. This shot in the arm may not be the Hail Mary that saves Blockbuster from its downward spiral,]]></description>
			<content:encoded><![CDATA[<center><a href="http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article7060986.ece"><img class="size-full wp-image-45569 aligncenter" title="Blockbuster-store" src="http://www-bgr-com.vimg.net/wp-content/uploads/2010/03/Blockbuster-store.jpg" alt="Blockbuster-store" width="460" height="287" /></a></center>
<p>After a <a href="http://www.bgr.com/2010/02/25/blockbuster-continues-its-decline-posts-425m-loss-in-q4/">disappointing Q4 2009 performance</a>, Blockbuster&#8217;s woes continue with the US video giant looking to pawn off its European operations as a means of generating some much needed cash. According to a report from the Sunday Times, Blockbuster has hired Winchester Capital to sell off its European division which includes 650 stores in the UK and an unknown number of stores in Denmark, Italy, and Ireland. Combined, these assets could net Blockbuster a respectable £50m ($76M USD) at a time when the movie rental king is hemorrhaging cash and straining under the weight of increasing debt which now totals $964 million. This shot in the arm may not be the Hail Mary that saves Blockbuster from its downward spiral, but it is at least a step in the right direction for the ailing company.<span id="more-45568"></span></p>
<p><a href="http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article7060986.ece">Read</a></p>
]]></content:encoded>
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		<slash:comments>18</slash:comments>
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		<title>T-Mobile branded HTC HD2 and Nokia Nuron snapped in the wild</title>
		<link>http://www.bgr.com/2010/03/08/t-mobile-branded-htc-hd2-and-nokia-nuron-snapped-in-the-wild/</link>
		<comments>http://www.bgr.com/2010/03/08/t-mobile-branded-htc-hd2-and-nokia-nuron-snapped-in-the-wild/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 13:55:26 +0000</pubDate>
		<dc:creator>Michael Bettiol</dc:creator>
				<category><![CDATA[Android]]></category>
		<category><![CDATA[Handsets]]></category>
		<category><![CDATA[HSDPA]]></category>
		<category><![CDATA[HTC]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Symbian]]></category>
		<category><![CDATA[T-Mobile]]></category>
		<category><![CDATA[UMTS]]></category>
		<category><![CDATA[1700mhz]]></category>
		<category><![CDATA[3G]]></category>
		<category><![CDATA[aws]]></category>
		<category><![CDATA[AWS 3G]]></category>
		<category><![CDATA[Blockbuster]]></category>
		<category><![CDATA[HD2]]></category>
		<category><![CDATA[leak]]></category>
		<category><![CDATA[Nuron]]></category>
		<category><![CDATA[On Demand]]></category>
		<category><![CDATA[S60]]></category>
		<category><![CDATA[Smartphone]]></category>
		<category><![CDATA[snapdragon]]></category>
		<category><![CDATA[touchscreen]]></category>
		<category><![CDATA[Windows Mobile]]></category>
		<category><![CDATA[Windows Mobile 6.5]]></category>
		<category><![CDATA[Windows Phone]]></category>

		<guid isPermaLink="false">http://www.bgr.com/?p=45259</guid>
		<description><![CDATA[Last night was easily the best night of the year for the celebrity-crazed paparazzi. It also turned out to be a pretty darn good night for the smartphone paparazzi as well for two upcoming T-Mobile handsets were given the star treatment on their very own red carpet. First up was the HTC HD2, the infinitely lovable Windows Phone with a 1GHz Snapdragon processor and gargantuan 4.3&#8243; WVGA display, which looked as stylish as ever in Sense UI by HTC. Never one to miss an opportunity to show support for those in need, the HD2 took a moment to show off its Blockbuster app which will allow proud owners to download movies on demand. Immediately following the HD2 was the Nokia]]></description>
			<content:encoded><![CDATA[<center><img class="size-full wp-image-45261      aligncenter" style="margin: 4px;" title="tmo-hd2-nuron-leak" src="http://www-bgr-com.vimg.net/wp-content/uploads/2010/03/tmo-hd2-nuron-leak.jpg" alt="tmo-hd2-nuron-leak" width="582" height="337" /></center>
<p style="text-align: left;">Last night was easily the best night of the year for the celebrity-crazed paparazzi. It also turned out to be a pretty darn good night for the smartphone paparazzi as well for two upcoming T-Mobile handsets were given the star treatment on their very own red carpet. First up was the <a href="http://www.bgr.com/2010/01/06/t-mobile-gets-u-s-exclusivity-on-htc-hd2/">HTC HD2</a>, the infinitely lovable Windows Phone with a 1GHz Snapdragon processor and gargantuan 4.3&#8243; WVGA display, which looked as stylish as ever in Sense UI by HTC. Never one to miss an opportunity to show support for those in need, the HD2 took a moment to show off its Blockbuster app which will allow proud owners to download movies on demand. Immediately following the HD2 was the <a href="http://www.bgr.com/2010/03/03/nokia-and-t-mobile-announce-the-5320-nuron/">Nokia Nuron</a>. Although the general consensus was that it was dressed more for the Kids Choice Awards than the Academy Awards, the Nuron made a bit of a stir when it shrieked at the top of its lungs how it had seen the light, converted to Buddhism and was now on a mission to convince everyone that less is more and that all other smartphones cannot possibly be as happy as it is living with S60, an OS that is <a href="http://www.bgr.com/2010/02/26/symbians-s4-interface-gets-previewed-on-video/">on its way out</a>. When will us ordinary folk get a chance to meet these stars? The Nuron is still a mystery, but we&#8217;re still very confident on a <a href="http://www.bgr.com/2010/03/02/htc-hd2-motorola-cliq-xt-and-dell-mini-10-launch-dates-for-t-mobile-surface/">March 24th debut</a> for the HD2.<br />
 <span id="more-45259"></span></p>
<p><a href="http://www.tmonews.com/2010/03/t-mobile-hd2-walks-the-red-carpet/#more-10429">Read</a> [HD2] <a href="http://www.tmonews.com/2010/03/nokia-nuron-poses-for-the-camera/">Read</a> [Nuron]</p>
]]></content:encoded>
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		<slash:comments>40</slash:comments>
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