Cheaper Movies Paramount for Viacom
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Management might favor lower-budget films. Shareholders should hope so.
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San Francisco developer/publisher lands coveted Paramount sci-fi license, $6.5 million in funding on same day. Although it is less than two years old, Perpetual Entertainment has acquired one of the most coveted sci-fi licenses on the market.
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Hollywood players pick sides in the competition between the HD DVD and Blu-ray standards.
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No. 1 video rental chain says price would be $11.50 cash for each share of Hollywood, possibly more. NEW YORK  - Blockbuster Inc.
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Viacom Inc. VIAb.N has begun a share  exchange offer to split off its Blockbuster Inc. BBI.N unit  and put the video rental chain in the hands of Viacom  shareholders, the company said on Wednesday.
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Movie Gallery Inc. MOVI.O on Friday  offered to buy rival movie rental chain Hollywood Entertainment  Corp. HLYW.O for an undisclosed sum, one week after industry  leader Blockbuster Inc. BBI.N bid about $700 million for  Hollywood.
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CHICAGO (CBS.MW) -- The online video-rental wars are starting to get brutal, as Blockbuster redrew the battle line with a sharp price reduction for its direct-mail service.
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Blockbuster Inc. is offering lower-priced plans for online movie rentals as it competes with Netflix Inc. in a market that it said could grow 43 percent this year.
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Blockbuster is raising prices for its Total Access service, which lets people rent DVDs by mail and in stores. It is also raising prices for some existing customers who use the service a lot.
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Video chain Blockbuster Inc on Friday said it would lower the price of its online DVD rentals to undercut a similar move by Netflix Inc. that sparked a stock a sell-off of both companies' shares.
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Wired's list of must-see movies you don't have to pay a cent for.
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HD DVD is gaining momentum with Hollywood studios. Several studios have announced their intentions to go with the Toshiba format, among them New Line Cinema, Paramount
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PARK CITY, Utah  - Paramount Classics on Thursday  signed a deal to acquire the movie "Mad Hot Ballroom," a move  that industry experts said signaled that the Paramount Pictures  unit for low-cost movies was alive and well under new parent  company management.
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Facing increasing pressure from its competitor, Netflix said Sunday that it will lower the price of several of its rental plans by $1 in order to match the current pricing scheme used by Blockbuster.
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Another Blu-ray player price cut is on the way.
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Ratings are based on the box office collections and the cost of the film.
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Blockbuster Inc. introduced a new Internet-only DVD rental service on Tuesday priced below a similar Netflix Inc. plan, sending shares of Netflix down almost 8 percent as the online movie rental war heated up again.