Wednesday: January 2, 2013
- Avis acquires Zipcar for a mere $500 million.
Avis says it expects to generate $50 to $70 million in ‘annual synergies’ as a result of the deal. FYI: The company booked $7.3 billion in revenue for the full year 2012, and employs roughly 29,000 employees today. The transaction is expected to close in the spring of 2013.
Wednesday: March 24, 2010
- Blockbuster strikes deal with Warner Brothers to rent movies on release day.
Well, this is certainly a little strange. This deal is not currently available to Netflix and RedBox users - meaning you have to wait quite a bit before seeing new releases from Warner before you can rent them. But for Blockbuster members, you can rent their movie the day it's released on DVD. Okay then.
Wednesday: March 17, 2010
- Blockbuster would like you to know that they may be going bankrupt in the near future.
'Our level of indebtedness may make it more difficult for us to pay our debts as they become due and more necessary for us to divert our cash flow from operations to debt service payments,' the company said in its filing.
Monday: January 11, 2010
- New York Times takes a peek at Netflix queues around the country.
A great visualization with some interesting data as to the kind of Netflix patterns from different metropolitan areas. Everyone seems to love The Curious Case of Benjamin Button, Cadillac Records - not so much.
Thursday: September 17, 2009
- Blockbuster would really like a bigger piece of the DVD rental kiosk business.
By mid-2010, there are expected to be 10,000 Blockbuster Express kiosks staking out locations with a big blue box.
Thursday: September 3, 2009
- YouTube would like to jump into the online movie rental business.
One studio executive familiar with the talks downplayed the significance of the talks, saying no deals have been struck and the conversations are at best in the early stages.