US video rental giant Blockbuster just announced the Onkyo BD-SP808 Blu-ray player, set to ship to retailers in September, features a client for their online video service, Blockbuster On Demand.
Blockbuster On Demand is already supported on a handful of players from Phillips, Samsung & Toshiba, as well as a range of other devices including TiVo DVRs and the Archos 605 portable media player. There is also a client for Windows.
Unlike the Netflix Watch Instantly service, which offers unlimited viewing of mostly catalog titles and TV shows, Blockbuster On Demand rents and sells individual titles, including many new releases.
Blockbuster is favored with support from movie studios in the form of earlier access to new releases because this is sees as a tool to keep Netflix and Redbox from dominating the home video landscape. But Blockbuster’s failure to compete with either company has led them to bankruptcy.
Blockbuster’s plans for success in the on demand rental space may also be in trouble if rumors about Apple expanding their iTunes rental operation are true.
Their online offering has neither the brand name recognition of Netflix nor the base of TV-connected clients. From game consoles to Blu-ray players to HDTVs themselves, Netflix clients are everywhere.
Not to mention this year’s introduction of iPad, iPhone & iPod Touch clients. An Android app is also coming at some point in the future.
The widespread availability of the client, especially connected to TVs, has become arguably the biggest driver of recent growth for Netflix.
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Result for: game consoles
The long awaited Netflix Watch Instantly client for the iPhone and iPod Touch has finally arrived.
Netflix announced the availability of their free iPhone app in the iTunes App Store today. It requires iOS 3.13 or later.
The Watch Instantly service already allowed Netflix subscribers to stream video directly to devices including computers, Blu-ray players, HDTVs & game consoles. An iPad app has also been available since April of this year when the device launched.
A client for Android devices is also in development.
“We’re excited that our members can now carry Netflix around in their pockets and instantly watch movies and TV shows streamed from Netflix right to their iPhone or iPod touch” said Netflix founder and CEO Reed Hastings.
Result for: game consoles
According to the annual financial report for EMI, smallest of the Big 4 record labels, the company lost 624 million euros (just over $800 million using today’s conversion rates) in the fiscal year ending March 31, 2010.
The report is prepared each year by EMI’s owner, Terra Firma owned Maltby Capital, a Terra Firma owned company which purchased EMI in 2007.
Maltby Capital Chairman Stephen Alexander began the report by addressing developments in recent months suggesting Citigroup, the principal lender in Terra Firma’s acquisition of EMI, might take over the company due to an alleged breach of lending terms.
Alexander wrote, “despite the issues around the financing structure and the related public speculation, both divisions of EMI have shown marked progress in their underlying performance during the course of the last twelve months.”
This translates into losing less money than the previous year, which saw a loss of more than 1.7 billion euros. He also admitted having no actual first hand knowledge of the legal proceedings between Citigroup and Terra Firma.
There is a glimmer of hope for the future if they can survive long enough. EMI’s goal, it says, is becoming “a comprehensive rights management company that can take full advantage of global opportunities in all markets for music to the maximum benefit of its artists and songwriters.”
But are they doing enough to make that a reality? The report’s section on EMI’s recorded music division focused almost entirely on a handful of best selling artists. Diversification into new areas like merchandise distribution and their live recording/distribution service, Abbey Road Live, were almost a footnote.
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