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NCR says Blockbuster kiosks may be on the block

Pubdate:2011-08-01 16:46Click:

Tags: Custom Kiosks, DVD Kiosks
8/01/11
 
According to Home Media Magazine, NCR Corp. executives are saying the company may sell off its Blockbuster Express branded video-rental kiosks.
NCR chairman and CEO Bill Nuti said earlier this week the company is looking at possible partnerships for, or even a sale of, its movie kiosk business.
According to the magazine, Nuti said NCR is looking at "the gamut" of options for its Blockbuster Express kiosks, and already is in talks with several "interested parties."
"In entertainment we undertook an initiative to grow in an adjacent self-service market, the DVD kiosk business," Nuti said in a late July 11 conference call with investors, discussing the $1.2 billion acquisition of Radiant Systems, a hotel and restaurant software and hardware systems company. "While that initiative has been successful, it does not offer nearly the same type of complimentary industry [opportunity] as Radiant's business."


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