SAN FRANCISCO (Reuters) – Blockbuster Inc , the largest U.S. movie rental chain, is open to collaboration with telecom companies such as Verizon Communications Inc and AT&T Inc as it expands into the video-on-demand business, chief executive officer Jim Keyes said on Tuesday.
"As we move toward video-on-demand and pay-per-view, Blockbuster is well positioned not only to compete on our own, but also to partner with others," said Keyes to analysts at a Citigroup media conference.
Blockbuster in November rolled out a digital media player that allows customers to download high-definition quality movies to their TVs via broadband lines. Rival Netflix Inc, released a service to watch movies over the Web six months earlier.
Verizon and AT&T have begun offering packages of high-speed Internet and video along with phone services to help them compete better with cable service providers.