Agreement Expected to Generate $7.0 Million per Year over Three-Year Term for 300 Initial Locations; Win Displaces Incumbent Kiosk Vendor
Global Axcess Corp (OTC Bulletin Board:GAXC.ob – News) (the “Company”), an independent provider of self-service kiosk solutions, today announced that it has signed a three-year agreement with a major grocery chain (the “Grocery”), to initially install [...]

I had lunch with GAXC CEO Wednesday.  He seemed really excited about the dvd kiosk opportunity.  As more and more redbox contracts end, there is a steady flow of RP’s (requests for proposals) for GAXC to bid on.  The dynamics of a dvd kiosk are pretty simple:  1.) A dvd kiosk in a new location [...]

According to research performed by Market Force Information, Inc., movie watchers still prefer going out to enjoy the Theatre movie experience for various reasons, including:

Experience of watching movie on the Big Screen
Not wanting to wait to see new releases
Enjoying a movie with friends
Movie Theatres were a good venue to take a date

It [...]

With Blockbuster’s financial situation becoming dire, analyst John Kraft with D.A. Davidson & Co. in Lake Oswego, Ore., said a possible Chapter 11 filing by the Dallas-based rental giant could escalate store closures and drive consumers to kiosks.
Blockbuster March 16 in a 10K filing indicated it may seek voluntary bankruptcy protection should it not be [...]

Blockbuster moved even closer to BK  after forecasting a ~$200m net loss for the year.  This further illustrates the the turn in dvd distribution from brick and mortar to kiosk.  Redbox also announced that they will be taking a second pound of flesh out of the wounded Blockbuster by rolling out video game kiosks.  I [...]

Dec. 10 (Bloomberg) — NCR Corp. acquired DVDPlay, an operator of 1,300 movie-rental kiosks, boosting its presence in a market dominated by Coinstar Inc.’s Redbox.
The kiosks will be rebranded Blockbuster Express as early as the beginning of next year, according to a statement today from Duluth, Georgia-based NCR, the world’s largest maker of automated-teller machines. [...]