Blockbuster Seeing Increased Blu-ray Sales

Jim Keyes, CEO of Blockbuster, stated during a conference call with investors that the movie rental giant is now selling 2,000 to 3,000 Blu-ray Disc players a week since erecting Blu-ray themed kiosks at their retail the locations. Because of this success, he feels that Blockbuster will soon become an ideal location for the rental and purchase of Blu-ray products. Keyes commented, "We think we are seeding the Blu-ray population. We are seeing consistent growth, new customer growth, which is probably contributing to our increased [in-store] foot traffic."
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Marine Mike  » Aug 08, 2008
Probably because they break street dates on Blu-ray titles.

Moefiz  » Aug 08, 2008
Its hard to believe that people are paying MSRP on a BD at blockbuster.

funnymanbing  » Aug 08, 2008	Show comment Hide comment
Whatever, he's just lying.

Hawk  » Aug 08, 2008
Josh, you said they are selling 2-3k Blu-ray Disc "players" a week?

DeeGee52  » Aug 08, 2008
"the movie rental giant is now selling 2,000 to 3,000 Blu-ray Disc players a week since erecting Blu-ray themed kiosks at their retail the locations" That's excellent news:-)

natedog543  » Aug 08, 2008
uh oh, to bad I just reacently switched to renting my Blus at Hastings for Blockbusters lack of catolig titles (Batman Begins, The Mummy etc). Even if it's just in my city Hastings gots you topped Buster

PowellPressburger  » Aug 08, 2008
Now they just need to lower prices on what they sale a Blu Ray disc for.

kingofgrills  » Aug 08, 2008
It's great for Blu-ray as a whole that Blockbuster is seeing positive results with its Blu-ray efforts. This is really positive news.

JCARL1  » Aug 08, 2008
Ya, increased foot traffic out the door. In Canada, Blockbuster is doing nothing more than overcharging their already gullible customers. $45-$50/Blu-ray title, when other retailers are anywhere from $20-$35/title. As far as I'm concerned, for example, if one store is charging say $20 for a certain title then every other store should have to sell it at the same price..

Josh  » Aug 08, 2008
Hawk - Yup, 2-3K players a week, according to the CEO. Quite impressive. I'm also quite sure that they are a partner with Sony, so these sales are really helping them as well.

The Guardian  » Aug 08, 2008
Blockbuster (in Canada) charges more for previously viewed titles than Wal-mart does for the same thing brand new. But if they're selling that many PLAYERS per week... well now. That's pretty good.

Sonny  » Aug 08, 2008
Selling Players...? What kind of players...? Sorry, the partners with Sony was not posted yet. Has anyone seen these?

WaltCD  » Aug 08, 2008
@Marine Mike... Re: Breaking Street Dates.. Blockbuster breaking street dates?! Wow! Out here in Las Vegas, we're lucky if we get the Blu-ray titles the same WEEK that they come out! Walt D in LV http://www.thecinemaniacs.com/

PNF  » Aug 08, 2008
I dont know.. I bought my Mummy 1 + 2+ scorpion king at BBV at $19 each. pretty good I'd say, and I rent with BBV Total access.. at least from the store close by me, they always have all BD selections, and usually in good stock~

Lucy Diamond  » Aug 08, 2008
But of course!!!

mntwister  » Aug 08, 2008
I also purchased Mummy 1 and 2 for 19.95 and have purchased several 39.95 (retail price) titles on sales for 17.95 (new not used).....I have found some good deals, when they have a sale, and the sales are not always advertised.

Zombie B0yy  » Aug 08, 2008	Show comment Hide comment
Blockbuster is going out of business anyway NET FLIX!!!!!!!!!!!!

Jim L  » Aug 08, 2008

I think the Blu-ray players are PS3s. (That's what they demo in their kiosks.) Anyway, it is a nice demo and a good tie-in for their stores since they rent movies AND games. And yes, the do sell movies. Not many at full MSRP, but I've bought 1 title when it was first released at $24.99. At my local store they are doing a fair business of Blu-ray rentals. I have run into other Blu-ray/PS3 owners in the store recently. Also, I have seen customers gawking at the Blu-ray/PS3 kiosk and inquiring about it. Compared to the tiny bit of activity I saw last year, this has to be bringing some revenue in to Blockbuster.

BLU_BOY02  » Aug 08, 2008
ya know, the Blockbusters i've been visiting lately usually has a $hitty selection. Hastings has a better selection.

Rike255  » Aug 08, 2008
Go Blockbuster!!!

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