blockbuster

Blockbuster is introducing its own set-top box, which will bring movies directly to a user's TV and provide access to on demand content.The MediaPoint digital media player by broadband device maker 2Wire is available to Blockbuster customers for $99 and includes 25 movies. After the initial 25 rentals, movies are available for $1.99 each to $3.99.

The Wall Street Journal this morning is reporting that Blockbuster (NYSE: BBI) is trying to buy beleaguered consumer electronics retailer Circuit City (NYSE: CC), which the market is not to thrilled about: Blockbuster stock dropped precipitously in early trading while Circuit City stock jumped up.

Blockbuster has announced that it has purchased Movielink, a movie download service the price of the deal has not been released.

Steve Jobs will take the big blue and yellow signs along with the customer lists Blockbuster owns and turn them into an Apple digital video empire, in a scenario contemplated by pundit Robert X. Cringely.

Joss Whedon, whose "Firefly" TV series didn't last a season, convinced a studio to produce a feature-length motion picture based on the series when DVD sales went through the roof.

Corporate raider Carl Icahn and his two associates won seats on the Blockbuster board today after a heated battle with CEO John Antioco. The battle had been raging for weeks after Icahn bought up significant share in the video rental company to make him the lead stockholder.

Corporate raider Carl Icahn fire burning arrows into the Blockbuster's tower yesterday during a teleconference call on quarterly earnings. The war of words with Blockbuster president John Antioco escalated the fight between the two corporate wizards.

Dallas based Blockbuster Inc. circled its wagons against corporate raider Carl C. Icahn on Monday announcing they will follow the road they've started by continuing investment in the online rental business and firing shots over Icahn's demands of higher dividends.