Apple is in talks with several media conglomerates to allow consumers to rent TV shows through iTunes according to a report in Bloomberg Tuesday, which cited three unnamed sources familiar with the situation.
Apple is in serious discussions with News Corp. to allow viewers to rent programming from its Fox network for 48 hours, the report said, adding that Walt Disney and CBS are in talks with Apple as well.
Representatives from Apple, Walt Disney, News Corp. and CBS declined to comment. Get the full story »
Oakbrook Terrace-based Redbox announced Thursday that it has reached a deal with CVS/pharmacy to roll out DVD rental kiosks at CVS and Longs Drugs locations nationwide and in Puerto Rico.
The $1-per-night DVD vendor, a subsidiary of Coinstar Inc., said about 700 kiosks will arrive at CVS locations by the end of 2010, and expand to thousands of locations by the end of 2011. Get the full story »
Redbox DVD machines have forced Blockbuster to come out with its own vending machines
to compete. (AP Photo/Damian Dovarganes)
Associated Press
| Blockbuster Inc. on Monday urged shareholders to reject a bid by an
activist investor to garner a seat on the company’s board.
Gregory S. Meyer, who founded a DVD rental kiosk company in 2001 called
DVDXpress, is looking to take the seat held by insurance executive James
W. Crystal.
Meyer, 38, has also played a small role in the erosion of Blockbuster’s
traditional rental store business. He sold DVDXpress in 2007 to Coinstar
Inc., which later merged the company with its own Redbox business. The
spread of Redbox vending machines, which offer new
releases for $1 per
night, has forced Blockbuster to come out with its own vending machines
to compete.
By Sandra M. Jones | Blockbuster Inc. quietly unveiled a new rental policy on March 1 that essentially brings back late fees.
Now customers pay $5 to rent a video for five days, instead of seven. After that, a fee of $1 a day is charged for up to 10 days when an auto-sell feature kicks in and the movie is automatically sold to the customer.
A demonstration of the robot system being tried by Crate & Barrel. (YouTube)
From Triple Pundit | Chicago-based Crate and Barrel is experimenting with a new automated warehouse system in an effort to cut costs and reduce its carbon footprint.
The company recently purchased a Kiva system for its Tracy, Calif. distribution complex.
DVDs being returned at the Red Box movie rental vending machines outside Tony’s Finer Foods on Belmont. (Phil Velasquez/Chicago Tribune)
Associated Press | DVD rental kiosk chain Redbox has agreed to wait 28 days after Warner Bros. releases new movies for sale before offering to rent them for $1 a night.
The agreement announced Tuesday ends a lawsuit Oakbrook Terrace-based Redbox filed against Warner Bros.’ home video unit last August.
Redbox DVD machines have forced Blockbuster to come out with its own vending machines
(AP Photo/Ron Heflin)
