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Tuesday, November 11, 2008

Good Luck to Ya! (Blockbuster Will Unveil Set-Top Box)

Blockbuster wants to be sure it still has a connection to consumers once movies go digital, so it's apparently developing its own set-top box for the holidays, according to PaidContent. The device will deliver movies from the Movielink service that Blockbuster now owns. From the coverage in Home Media Magazine:

    Analyst Edward Woo with Wedbush Morgan Securities in Los Angeles said the set-top box device sounded ambitious, but wondered how consumers under pressure from the current economic downturn would receive it.

    “Until I hear more concrete information, I'm not sure how receptive consumers will be and whether it will be different or better than other boxes out there or planned be out there,” Woo said.

    Blockbuster downplayed posting a third-quarter (ended Oct. 5) net loss of $17.8 million and 2.7% decline ($33.6 million) in total revenue to $1.2 billion, citing a limited slate of movie titles and competition from Olympic telecasts.

Update: Venture capitalist Bijan Sabet thinks what we need is an open set-top box that will let anybody deliver content to it and build applications for it.

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  • "...citing a limited slate of movie titles..."

    so wait, blockbuster is saying there aren't enough movies being made? or not enough of the right kind?

    that doesn't seem to correlate with all talk of how there are more movies being made now than can be released.

    By Blogger deepstructure, at 5:32 PM  

  • "...citing a limited slate of movie titles..."

    I think BB has a an argument here as there are so many titles being made, there is a sea of films that are deemed "worthy" of the shelf space. The same thing can be said for the films that get put on the shelf at BB but never see the theater. It all comes down to scarcity and abundance and in this case BB is going to make available a much larger catalog of films through this structure.

    I was in BB two nights ago and was looking for Quadrophenia. They said that although the film is a cult classic they could not warrant the shelf space.

    Oh look at me...defending Viacom....woooooooo

    By Blogger David Geertz, at 10:15 PM  

  • your blog is good good good......

    By Blogger goooooood girl, at 1:21 AM  

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