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Examples
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Hotard said some studios will receive a share of the $2 rentals, revenue that will help Hollywood counter an industrywide decline in DVD sales.
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The price applies to the first night's rental of newer releases that have been in kiosks for 29 days to 90 days, NCR Entertainment General Manager Justin Hotard said in an interview yesterday.
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"The principles of demand hold true at these price points," Hotard said.
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The success of the higher price for new releases factored into the decision to create the new structure, Hotard said.
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"There are a lot of players in the industry who have reset their pricing in the last couple of months," Hotard said.
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Hotard to the company's Board of Directors and increased the total number of directors to nine.
unknown title 2011
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Hotard is currently a senior advisor for Monitor Group, specializing in multinational corporate development in Chinese markets, as well as commercial and government entrepreneurship in Hotard retired in 1999 as president and chief operating officer of Praxair, Inc., a leading producer and distributor of specialty gases.
unknown title 2011
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In addition to Solutia's Board of Directors, Hotard serves on the boards of Albany International Corporation and Global Industries, Ltd. Hotard will serve as a Class I director for a term that will expire at the 2012 annual meeting of shareholders.
unknown title 2011
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Prior to Praxair, Hotard served as vice president of Union Carbide Corporation and held various executive leadership roles there, including general manager of industrial gases and director of international business development and strategic planning.
unknown title 2011
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More than 70 percent of a kiosk's titles will remain at the lowest $1-a-day price, Hotard said.
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