Judgment: it was released on Nov 25, 2008. -- The Industry Standard
Former in-home entertainment powerhouse Blockbuster has been trading its stock at an all-time low in recent months. In fact, Blockbuster's stock is so low (less than a dollar) that it has been delisted. This spells a lot of trouble for the company. To help pick up their revenues which have dropped significantly in the past 2 quarters, Blockbuster may be gearing up to release a set-top box to stream movies to your TV.
Will Blockbuster release a set-top box by Dec 1. 2008?
UPDATE: This does not pertain to a pilot program; a wide release program is needed for favorable judgment.
Let the community decide. Place your bets!
| Betting Closes: | Dec 01 2008 | Current Consensus: | 92.06% | Total Bets: | 15 |
| Today's Change: | 69.79% | ||||
| Life Time High: | 92.06% | ||||
| Life Time Low: | 10.91% |
Comments
From http://seekingalpha.com/article/107094-blockbuster-inc-q3-2008-earnings-...
We have two stores now in pilot testing primarily again to gage consumer response. Second, we continue to explore the development of at home or living room solutions and in time for the holiday season we will be launching a set-top box that will be able to deliver Blockbuster VOD movie offerings powered by our movie link service. Our primary objective again in this arena is to measure consumer response to this offering.
On the subscription side, we have entertained various opportunities to build the subscription library but we have not yet gone down that path because first we want to have improved delivery mechanisms. Let’s face it, not a lot of people are downloading movies on their PC today and until we have a commercially viable set-top box which we think is some distance down the road, we’re not sure how many months or years it will take to have a commercially viable solution for the at home offering.
It would seem that any set top box will be part of a pilot for this holiday season using its MovieLink assets. A much wider release is more likely AFTER this holiday season.
@TIS, will pre-Dec 1 release for pilot be considered meeting judgment criteria? IMO, a prediction such as this should be for a wide distribution rather than a pilot.
Thanks David.
We were aiming for a wide release program for favorable judgment. The prediction question has been updated.
Post new comment