UK consumers will be able to rent digital PC games from Direct2Drive later this year. The service lets gamers download and play their chosen PC game for five hours. Once the trial has finished, the full game is offered at a lower price. The company – owned by IGN – …
Read More »US satellite giant buys Blockbuster
Dish Network has bought Blockbuster in a $320m deal. The second-largest satellite TV company in the US snapped the company up through a bankruptcy auction, beating competition from Carl Icahn and a group od debtholders. The transaction still needs to be approved by a bankruptcy court however. Dish Network’s EVP …
Read More »Blockbuster back on the offensive
After the most traumatic year in the chain’s history, rental and entertainment retailer Blockbuster is bursting back into life in the US with its first nationwide advertising campaign since 2007. In September of this year Blockbuster’s long and drawn out decent into bankruptcy was finally confirmed. The deal it eventually …
Read More »ANALYSIS: The future of Blockbuster UK
As Premier League football clubs prove on a yearly basis, having a lot of debt doesn’t necessarily mean you are a bad business. Take Manchester United, it reportedly owes around 520m, but it still attracts over 75,000 fans a week, has a wealth of high profile assets and is regarded …
Read More »Sony details PS3 LoveFilm deal
Following the leak of the news earlier this week, Sony has released the first official information about the upcoming LoveFilm service heading to PS3. Described as the most significant extension to date of LOVEFiLM’s direct-to-TV rollout”, the service will provide both instant streaming rentals over PSN as well as the …
Read More »Redbox expanding game kiosk service
Redbox is rolling out its video games rental service to its retail kiosks around the US. Having tested this offer for a few years on select kiosks, the company is now expanding the service to thousands” of its 24,000 machines, according to Joystiq. Similar to its DVD program, Redbox’s video …
Read More »Lovefilm launching PS3 service
It has been revealed with little fanfare that leading European game and movie rental firm Lovefilm is to launch a streaming movie service on Sony’s PlayStation Network for PS3 owners. The announcement came via a video on the PS3 YouTube channel, which can be seen here. Users will be able …
Read More »Blockbuster files for bankruptcy
As predicted last month, after a prolonged period of uncertainty US rental firm Blockbuster has finally filed for bankruptcy protection. The BBC reports that the agreement it has struck with creditors will see its debts effectively cut from $1bn to around $100m. Its 3,000 US stores will continue trading while …
Read More »Blockbuster bankruptcy draws closer
Following predictions earlier this month, Blockbuster has apparently informed a number of its key partners that it will be entering into a pre-planned bankruptcy” agreement in mind-September. LA Times reports that the retailer’s chief executive Jim Keyes flew to LA last week to meet representatives from studios such as 20th …
Read More »PS3 video service goes live
After what’s been a long wait Sony’s PlayStation Network video delivery service is now live in the UK, Germany Spain and France. In excess of 800 movies are now available with rental prices starting at 2.49. Prices start at 6.99 for those looking to purchase content outright. Films on the …
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