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Blockbuster furthers digital ambitions with TiVo alliance (from Corporate Dealmaker)

Blockbuster Inc. (NYSE:BBI) chief executive Jim Keyes made good on his recent promise of new digital alliances. The movie rental company announced Wednesday that it's teaming with TiVo Inc. (NASDAQ:TIVO) to deliver Blockbuster titles to TiVo boxes. Under terms of the deal, Blockbuster's video downloading technology will be incorporated into...

Posted on March 25, 2009 10:34 AM

Blockbuster's script includes debt restructuring and alliances (from Corporate Dealmaker)

Blockbuster Inc. (NYSE:BBI) saw earnings decline in the fourth quarter, but management remains upbeat about the future. In announcing results on Thursday, the movie rental chain reported a $359.7 million loss and saw revenue decline 12% to $1.38 billion from a year earlier. But the company also said it had...

Posted on March 20, 2009 9:25 AM

Icahn waits, Circuit City looks for white knight (from Corporate Dealmaker)

Video retail chain Blockbuster Inc. has been cutting costs and raising prices in order to turn its business around, forecasting first-quarter net income of $30 million, according to Deal Journal. CEO Jim Keyes seems to think spending $1 billion on Circuit City Stores Inc. will help the cause. The mini-saga...

Posted on May 9, 2008 3:35 PM