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NCR To Rent New, $2-A-Day DVDs From Blockbuster Kiosks -Bloomberg

DOW JONES NEWSWIRES NCR Corp. (NCR) this summer will begin selling new DVDs from its Blockbuster-branded video-rental kiosks, Bloomberg News reports Friday, citing a company executive. Alex Camara, president of unit NCR Entertainment, said in an interview that his company is in talks with movie studios to provide new releases for rental through the kiosks at $2 a day, double the current $1. NCR is expanding its kiosk business to about 10,000 locations this year and is adding products in competition with Coinstar Inc.'s (CSTR) Redbox dispensers and Netflix Inc.'s (NFLX) mail-order movie service. Typically, kiosk and mail-order retailers buy rental copies of new releases from stores, due to Hollywood studios' refusal to sell directly to the low-cost purveyors. Full story at http://www.bloomberg.com/apps/news?pid=newsarchive&sid=apm0At3gSvxY -Dow Jones Newswires; 212-416-2900

Stock News for Blockbuster (BBI)
DateTimeHeadline
06/29/201010:41:36NCR To Put DVD Kiosks At More Than 500 MAPCO, Daily's Stores
05/17/201019:14:32Icahn More Than Doubled Genzyme Stake In 1Q; Buys Chesapeake
04/22/201017:01:09NCR 1Q Loss Widens On Pension Costs, Sees Improved Backlog
04/20/201015:17:21CORRECT: NCR To Offer Digital Downloads At Airport Kiosks
04/20/201013:47:30NCR To Offer Digital Downloads At Airport Kiosks
04/16/201016:55:07CORRECT: NCR Corp To Place DVD Kiosks At Kwik Trip Stores
04/16/201016:38:13NCR Corp To Place DVD Kiosks At Nearly 500 Kwik Trip Stores
04/16/201015:20:30NCR To Rent New, $2-A-Day DVDs From Blockbuster Kiosks -Bloomberg
04/07/201014:52:19NCR Could Expand DVD Footprint As Blockbuster Downsizes
03/22/201023:46:41Blockbuster: Warner Bros Pact Retains New-Release Advantage
03/17/201016:59:08MARKET SNAPSHOT: Dow Win Streak Longest Since August 2009
03/17/201016:52:00TECH STOCKS: Tech Stocks Follow LSI To Close With Gains
03/17/201015:15:08MARKET SNAPSHOT: Dow Win Streak Longest In Nearly Three Months
03/17/201010:45:43TECH STOCKS: LSI's Gains Give A Lift To Chips, Tech Stocks
03/14/201020:29:31NCR Rolling Out More Blockbuster Express DVD Kiosks
03/03/201014:00:08Best Buy Nears Launch Of Revamped On-Demand Video Service
01/29/201018:39:11Icahn Resigning From Blockbuster Board, Cites ISS Guidelines
11/24/200915:46:07Comcast Sees More Videos On-Demand In NBC Universal

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