Retail chain that shouldn’t exist surprisingly still does … but not for long
- 300 Blockbuster stores were still open, like active museum artifacts. That’s going to change in January, when Dish Network closes the remaining locations. source
If we’re going to spend all this money on content it has to be measured and monetized.NBC Broadcast Chairman Ted Harbert • Expressing his displeasure with Dish Network’s newly announced Hopper DVR, which includes an “Auto-Hop” commercial-skipping feature, during a presentation at Radio City Music Hall on Monday. (The player has been available since March.) Harbert also declined to comment on whether or not NBC’s legal department was evaluating the company’s the legal options. Fox entertainment chairman Peter Rice was skeptical as well, telling reporters he thought releasing such a device was a “strange thing to do,” but said his company absolutely was not looking into legal action at this time. source (via • follow)
legospaceship asks: Don’t you think it’s a non issue, ultimately? Can you see the core of their streaming business going anywhere? I don’t see any other folks in the space being able to rise up and challenge them right now unless i am missing something.
» SFB says: I wouldn’t be so sure it’s a complete non-issue. This isn’t to say they’re going away anytime soon, but they’ve lost nearly three quarters of their market value in just a few months — that could lead to a change at the top. They’ve hurt their customer relations pretty severely in that time, and while they can get it back eventually, they’re starting fo face more difficult factors which could hurt their business over time. The costs for their streaming business are rising. There’s a chance they’ll see some significant competition in the next year or two (Dish Network and Hulu are each currently in the midst of an upswing, and Dish has content deals comparable to Netflix, including the Starz deal Netflix is losing). The real question is, can they bounce back? — Ernie @ SFB
» A competitive deal? Dish Network, known mostly for its satellite dishes and for being the satellite company that isn’t DirecTV, will earn a competitive advantage by branching out with Blockbuster, which has a large infrastructure, if not money to pay for said infrastructure. For example, Dish Network could also offer Blockbuster’s Netflix-like DVD service on top of their already-robust satellite service. It’s synergy, folks! Another way to look at this: Blockbuster shares were delisted after trading for less than $1 for nearly a year. Netflix shares are trading around $250.