By Allen Tsai | Mon Jan 19, 2009 4:57 am |
Blockbuster plans to expand its digital reach by delivering movies over the Internet through a variety of electronic devices, including cell phones.
The Dallas-based movie-rental company is expected to announce the partnership with Sonic Solutions to pipe more than 12,000 movies and TV shows to a variety of broadband-connected digital devices, including personal computers, cell phones, Internet-connected televisions and Blu-ray disc players.Blockbuster struck deals to make its online video service available on devices such as Microsoft's Xbox 360 game console, Blu-ray disc players and television sets. Netflix also offers its titles on TiVo digital video recorders. It took its first step to match the advances of Netflix in late November when it introduced a gadget that connects to television sets and temporarily saves video after it's downloaded over high-speed Internet connections. The rental business was more than $9 billion last year. Internet on-demand video remains a small slice, but it grew considerably over the past year, from $28.4 million in 2007 to $88.5 million in 2008. Blockbuster accounts for roughly 40 percent of the $5.5 billion store business, while Netflix has more than 70 percent of the $2.2 billion subscription-rental business.
|
|
Wed Feb 08, 2012 4:09 pm | By
Apple is facing increasing animosity over working conditions at its Chinese factories, as protestors gather to demonstrate against the iPhone maker's controversial labor issues.
|
|
|
|
Wed Feb 08, 2012 3:58 pm | By
Broadband startup LightSquared wants the Federal Communications Commission to set standards for GPS reliability, as it attempts to fast-track its own approval process with the regulator.
|
|
|
|
Wed Feb 08, 2012 3:43 pm | By
The 54th Grammy Awards is just days away, and the show will harness mobile and social media technology as old media tries to keep pace with new trends among its viewing audience.
|
|
|
|
Wed Feb 08, 2012 3:26 pm | By
Facebook will ramp up mobile payments on its network, as it readies for its IPO and strives to compete with Google for ad and gaming revenue.
|
|
|
|
Wed Feb 08, 2012 2:39 pm | By
T-Mobile is enticing customers with free 4G devices on Saturday for a Valentine's Day promotion, as it strives to lure data-hungry subscribers and clear inventory for newer devices.
|
|
|
|