Blockbuster tells Hollywood studios it’s preparing for mid-September bankruptcy—from the LA Times. As I wrote about in July, the end is near for this once thriving video rental behemoth. According to Blockbuster, if it successfully exits bankruptcy, the company will focus on developing new business models…like renting movies via kiosks and via online streaming. Good thing no one has thought of those ways to distribute movies yet…
Netflix Adds IPhone, IPod Touch Application to Stream TV Programs, Movies—from Bloomerg. I’m pretty stoked about this one: now, you can download this free app to your iPhone or iPod touch and stream Netflix movies right to your device. Only caveats: you must have an account with Netflix already (kind of a no-brainer) and you can only stream the movies that are available for instant streaming already, which limits you to mostly older movies and some TV shows. BUT, the first 5 seasons of LOST are available to be streamed, so I’m a happy camper!
Disney’s Toy Story 3 becomes highest grossing animated movie ever—from the International Business Times. Toy Story 3 was expected to cross the $1 BILLION mark yesterday, making it the highest grossing animated movie of all time. The previous holder of that title was Shrek 2.
Summer Movie Box-Office Attendance Falls to Lowest Since 1997—from Bloomberg. Despite my trying to single handedly bring up the box office numbers this summer, movie attendance is at a 13 year low. However, revenue is expected to rise to a record level from the summer, as higher ticket prices (including tickets for 3D movies) have more than made up for the decline in ticket sales.
Finally, did anyone watch the 2010 Emmy awards (NY Daily News) this past Sunday? I did—along with 13.5 million others; compared to the 41.62 million who tuned in for the 82nd Academy awards this past February, this seems like a small number for an early season award show…I wonder if that’s the nature of holding the Emmy’s in the summer, or we just like our movie awards more than those for TV? Any other ideas?