Online DVD rental pioneer Netflix and digital video recording pioneer TiVo Oct. 30 began to beta-test delivering movie and episodic television streams directly to the TV.
DVD kiosk operators are looking to circumvent Universal Studios Home Entertainment’s new revenue-sharing policies, which have sparked a lawsuit from Redbox.
As expected, financially challenged Circuit City Stores Oct. 30 said it received notice from the New York Stock Exchange that its common stock shares had failed to meet the minimum $1 threshold for 30 consecutive business days ending Oct. 22.
Blockbuster Oct. 30 said it amended select letters of credit with former parent Viacom from $150 million to $75 million, resulting in an additional $75 million liquidity to the Dallas-based No. 1 DVD rental service’s borrowing capability.
