Blockbuster has agreed to sell its Australian subsidiary and franchise rights, a deal that continues the company's new focus on the domestic rental market through stores and online rental, with an eye toward digital downloading. Video Ezy, an Australian video chain, will become the new owner of the Blockbuster stores, pending approval of the country's Competition and Consumer Commission.
The Media Oriented System Transport network is gaining popularity with automakers who wish to provide communications between audio devices and the vehicle. The Consumer Electronics Association has announced its efforts to develop a new standard connection for vehicles that have the MOST network.
Circuit City has begun offering previously owned video games on its Web site, an attempt to cash in on the lucrative industry, although some industry analysts foresee trouble for the retailer because of insufficient game supplies.
Sprint believes it is well-positioned to compete with Apple for mobile music, with one executive asserting that Apple has barriers to overcome to be successful in the sector. Sprint's approach to mobile music involves offering several music-enabled handsets under $100, while Apple is going upscale, setting the starting price for the iPhone at $499.
Alpine Electronics' new amplified PLV-7 subwoofer system separates itself from the competition by introducing several new technologies. The system includes two 12-inch Linear Array Transducer woofers designed by the Tymphany Corp. and is powered by a 500-watt PDX amplifier.