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Archive for the ‘Blockbuster’ Category

Blockbuster offers $1B for Circuit City

Posted by lozenp on April 14, 2008

Blockbuster today made public its offer to purchase the little sister of the consumer electronics industry, Circuit City, for $1billion. Blockbuster made the original, unsolicited offer on Feb. 17, but has not gotten a response from Circuit City since that time and has been unable to move forward. Making the offer public seems to be a move aimed at putting pressure on Circuit City from its shareholders, who are reeling from a stock price that has fallen from $19 last year to a low of $3.44 last month.

It’s an interesting move from Blockbuster, who has had struggles of it’s own recently trying to keep up with the likes of Netflix. Blockbuster’s closed more than 250 stores last year alone. Add this to last week’s news that Blockbuster was looking to announce it’s own set-top box and you have a company that appears to be trying anything to shake things up. At least now it would have a place to sell that shiny new STB.

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Posted in Blockbuster, Circuit City, Netflix | 2 Comments »

In case you missed it

Posted by lozenp on April 12, 2008

It’s been a busy week that’s kept me from posting a lot. So, in an effort to keep you up to speed, here’s some things you might have missed if you weren’t paying attention:

PS3 adds DTS-HD Master Audio – It’s becoming harder to argue that the PS3 isn’t the best Blu-Ray player available. This week comes news that the console will be adding DTS-HD Master Audio support (as well as DTS-HD High Resolution). Interstingly, the PS3 encodes the signal internally but can’t pass it bit for bit to your receiver (yet), but the jury is still out on if passing that signal straight through will actually sound better. Either way, this is exciting news for Blu-Ray fans and PS3 owners. Prepare to crank that volume knob.

Blockbuster announcing set-top box – The way things are going I might have my own set-top box in the near future. Everyone seems to be announcing these things lately, and my gear rack is already full. Netflix announced one a while back, but there’s been no movement on that one. Meanwhile, Blockbuster is set to announce this one next month, according to the Hollywood Reporter.

Wal-Mart, Amazon join the HD DVD rebate game – Circuit City and Best Buy have already been running programs, and word came this week that Amazon and Wal-Mart would join the fracus. Amazon sent people a $50 gift certificate in the mail, Wal-Mart will be allowing refunds, with receipts, on purchases made after Nov. 1, 2007.

Also last week, the first BD-Live titles were released. Walk Hard: The Dewey Cox Story and The Sixth Day both came out. Unfortunately, for HD DVD adopters like me who were used to a mostly flawless online experience with HDi discs, the results so far for both BD-Live titles have been less than spectacular, with most users reporting long (we’re talking 4-5 minues) load times on online content. Hopefully this is something that gets better with time.

Posted in Amazon, Best Buy, Blockbuster, Blu Ray, HD DVD, HDTV, Home Theater, Netflix, Wal-Mart | Tagged: | 1 Comment »