BLOCKBUSTER Franchise On Demand(R) Now Available on the Latest Philips Blu-ray Players

All the latest movies from the comfort of your living room

ATLANTA // PRNewswire-FirstCall // -- P&F today announces that its latest Philips Blu-ray players will feature BLOCKBUSTER On Demand®, expanding the ways in which Blockbuster provides consumers with instant access to the hottest movies. Families across America are now able to enjoy new movie releases from Blockbuster using Philips' 5320 and 7320 Blu-ray models.

"With Blu-ray, consumers can experience a cinema-like quality in the comfort of their living room," said Todd Richardson, senior vice president of sales and marketing for P&F, exclusive licensee for Philips consumer televisions and home theater in North America. "Philips Blu-ray players, combined with BLOCKBUSTER On Demand, offer consumers a one-of-a-kind home theatre experience with the added convenience of not having to run out to rent a movie."

"BLOCKBUSTER On Demand gives customers instant access to the very latest new releases on the same day as DVD and Blu-ray," said Bruce Anderson, Blockbuster On Demand's Senior Vice President and General Manager. "These new Philips Blu-Ray players are a great way for you to enjoy the latest hit movies or cinema classics and we are excited to enhance that experience."

The BLOCKBUSTER On Demand service provides comprehensive on-screen search and browsing capabilities, as well as full details, ratings, trailers, and other information about each movie directly on the television. This allows for a more personalized and easy to use in-home movie watching experience without having to pay a monthly subscription fee.

About P&F

P&F is a subsidiary of the Funai Electric Co., LTD, Inc. and is the exclusive licensee for Philips consumer televisions and home theater in North America. Funai Electric Co., Ltd., established in 1961, is headquartered in Osaka, Japan and is listed in the Tokyo Securities Exchange First Section (6839). In addition to the consumer electronic product brands sold by FUNAI Corporation and the products sold by other FUNAI sales and marketing companies in Asia, Europe, and South America, Funai Electric Company, Ltd. is a major original equipment manufacturer (OEM) supplier for appliance, consumer electronics, computer, and computer peripheral companies on a global basis.

About Blockbuster Inc.

Blockbuster Inc. is a leading global provider of rental and retail movie and game entertainment. The company provides customers with convenient access to media entertainment anywhere, any way they want it – whether in-store, by-mail, through vending kiosks or digitally to their homes and mobile devices. With a highly recognized brand and a library of more than 125,000 movie and game titles, Blockbuster leverages its multichannel presence to serve nearly 47 million global customers annually.

SOURCE P&F; Blockbuster Inc.

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