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Blockbuster Congratulates NCR Corporation on Acquisition of Movie Rental Kiosk Operator TNR Entertainment Corporation

By: Blockbuster Video |  8 Shares     810 Reads

Acquisition Should Further Enhance Nationwide Expansion of Blockbuster Express Vending Machines

Dallas, // PRNewswire-FirstCall // -- Blockbuster Inc. offered congratulations today to NCR Corporation on its acquisition of TNR Entertainment Corporation, North America's second largest operator of movie-rental kiosks.

"Blockbuster would like to congratulate NCR on its acquisition of TNR Entertainment," said Jim Keyes, Blockbuster Chairman and CEO. "We remain excited about DVD vending, and through our alliance with NCR, we are poised to participate in the category's growth. We believe NCR's acquisition sets the stage for aggressive growth and will further our goal of deploying thousands of Blockbuster Express branded kiosks by next year, providing another platform to give consumers added control, flexibility and convenience that goes beyond our traditional store locations."

In 2008, Blockbuster and NCR teamed to introduce Blockbuster Express branded vending machines with the goal of installing thousands of Blockbuster Express branded kiosks as part of a national rollout. Blockbuster Express vending machines offer consumers greater unit capacity than competing machines, a broader selection of titles and the ability to offer added features and benefits in the future, including the sale of DVDs and video games and digital downloads.

About Blockbuster

Blockbuster Inc. is a leading global provider of in-home movie and game entertainment, with over 7,400 stores throughout the Americas, Europe, Asia and Australia. The Company may be accessed worldwide at www.blockbuster.com.

Forward-Looking Statements

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SOURCE: Blockbuster Inc.

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