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Non-Tech : BLOCKBUSTER (BBI) - GIANT video specialty chain -- Ignore unavailable to you. Want to Upgrade?

To: BIGFRED who wrote (52)	11/11/1999 1:36:00 AM
From: Walter Morton	Respond to of 67

My question was, is BBI a stock that you could hold on to until 2010 not 2001? Thanks for the response.

To: BIGFRED who wrote (52)	12/1/1999 2:17:00 AM
From: Walter Morton	Respond to of 67

"There has been a lot of talk in the industry about video-on-demand and the digital delivery of movies over the Internet," said Mr. Guerrette. "We don't view these developments as a threat, but rather as an opportunity. Although we believe the industry is several years away from being able to deliver that technology in a quality format, we are well positioned to embrace these advances and be at the forefront of new technology." biz.yahoo.com moviegallery.com Launches Streaming Video Content On the Web Through Strategic Partnership With Video Pipeline, Inc. Embraces New Technology to Take Advantage of Future Opportunities DOTHAN, Ala.--(BUSINESS WIRE)--Nov. 30, 1999-- Movie Gallery, Inc. (NASDAQ:MOVI - news), the third largest video specialty retailer in the nation, today announced a strategic alliance with Video Pipeline, Inc., the largest supplier of promotional videos in the country, that will allow Movie Gallery customers to view streaming video trailers of a majority of the movies available on the Company's web store at www.moviegallery.com. Through this partnership, moviegallery.com now provides one of the largest selections of streaming video previews on the web today. The announcement is the latest step from Movie Gallery, which continues to enhance its online presence while building traffic for its brick and mortar stores. It also positions the Company to maximize future opportunities for digital delivery of content over the Internet. ``Providing movie clips through streaming video on the site is yet another way for Movie Gallery to extend our in-store experience,' said William Guerrette, Chief Operating Officer of moviegallery.com. ``This advancement will enhance the online experience for visitors to the site and will also compliment our bricks and mortar marketing efforts. The new feature will be promoted through our e-mail newsletter that reaches over 100,000 visitors and to our in-store database of over 13 million members.' ``We are thrilled to be developing this content and technology with Movie Gallery,' said Jed Horovitz, President of Video Pipeline. ``moviegallery.com is one of the best entertainment sites on the web today. As a `real world' retailer, they know the value of creating a fun and friendly environment for customers to browse and shop. They also know that people love to `try it before they buy it' and our previews let them do just that.' As part of ongoing brand initiatives, Movie Gallery launched the new Web site in September of 1999 and has added features frequently. In addition to the streaming video trailers, the Company also unveiled an easy-to-use store locator system in conjunction with Map Quest that allows customers to download maps directing them to the nearest Movie Gallery location. The content-rich site previews movies and games that are available for rent in-stores and also showcases new and pre-viewed movies, games, and DVD titles for sale both online and at the bricks and mortar level. ``There has been a lot of talk in the industry about video-on-demand and the digital delivery of movies over the Internet,' said Mr. Guerrette. ``We don't view these developments as a threat, but rather as an opportunity. Although we believe the industry is several years away from being able to deliver that technology in a quality format, we are well positioned to embrace these advances and be at the forefront of new technology.' moviegallery.com also features exclusive celebrity interviews hosted by Hollywood reporter Dana Hersey. At this point, the interviews can be viewed in text format; soon, they will also be available through streaming video. Currently, moviegallery.com is streaming at a speed of 28.8 K. The site has plans to quickly expand to speeds of 56K and 100K. In addition, the site will feature streaming interviews with stars like Sean Connery, Julia Roberts and Adam Sandler. To take advantage of the ``safe harbor' provisions of the Private Securities Litigation Reform Act of 1995, you are hereby cautioned that this release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. These risk factors include the ability of the Company to successfully implement its e-commerce strategy; and the risk factors that are discussed from time to time in the Company's SEC reports, including, but not limited to, the report on Form 10-K for the fiscal year ended January 3, 1999. ABOUT MOVIE GALLERY Movie Gallery currently owns and operates a total of 924 video specialty stores located in 30 states. The Company is among the three largest video specialty retailers in the United States and the leading provider of video and video game rental and sales in rural and secondary markets in the United States. ABOUT VIDEO PIPELINE, INC. Video Pipeline, Inc. has been providing video, game and music retailers with electronic promotion tools since 1985. The company's services include in-store merchandising programs distributed on tape, DVD, laser disk and CD-ROM. They are all available through leading distributors and by direct subscription. -------------------------------------------------------------------------------- Contact: Movie Gallery Inc., Dothan William Guerrette, 334/677-2108 moviegallery.com