Blockbuster extends DVD rental. Video rental giant Blockbuster is to extend its DVD rental programme to 500 of its approximately 4,500 US outlets; format has been available in 100 stores on trial basis since April 1998. In addition to a rental catalogue of about 350 titles, stores will offer 150 titles for retail sale. Average of eight Philips DVD players will also be available to rent in each store, for no more than $15, whilst disc rental prices will 'coincide with' VHS prices.
DirecTV reaches 4m. US digital DTH operator DirecTV, owned by Hughes Electronics, has accumulated 4m subscribers in just four years of existence. Service should be in profit by end 1999 and break even once it obtains 4.5m subscribers.
New Zealand's fifth channel. Australian regional broadcaster Prime TV launched in New Zealand on 30 August 1998 to become the nation's fifth terrestrial channel. Prime aims to compete with TV1 (ie, for a 30+ demographic) with a mixture of lifestyle, documentaries and classic drama.
New Australian studio. Australian broadcaster Channel Seven has signed an agreement with Melbourne Dock Authority to build a digital television production and transmission studio. Total cost of construction is put at A$100m ($61.7m).
Local Singapore film smash hit. Singaporean comedy Money No Enough has become the third-highest grossing movie in the country, despite being filmed in a dialect which the majority of young Singaporeans cannot understand. Film has grossed $3.3m in 14 weeks.
More UK Internet users. New research by BMRB International says number of people who used Internet in UK in past six months was 7.5m (16 per cent of adult population), compared with 5.4m (12.4 per cent) in preceding six months--increase of nearly 40 per cent.
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