Dvdplay Funding !!top!!
DVD Play Funding is a valuable resource for organizations and individuals working on projects that promote social inclusion, education, and community development. By understanding the funding priorities, eligibility criteria, and application process, you can increase your chances of securing funding for your project. If you're interested in learning more, I recommend visiting the DVD Play Funding website or contacting them directly for more information.
No round occurred.
DVD Play Funding provides grants to organizations and individuals who are working on projects that align with their funding priorities. The organization typically awards grants to support projects in the following areas:
Note: Figures adjusted for inflation and based on Oregon Secretary of State filings, SEC Form D notices, and bankruptcy docket #12-00321 (District of Oregon). dvdplay funding
These capital infusions allowed DVDPlay to manufacture hardware that offered advanced features for the time, such as integrated movie trailer insertions and sophisticated inventory management software. Market Position and Innovation
The funds were earmarked for one thing: . DVDPlay ordered 500 new kiosks from a manufacturer in Ohio. They hired 50 part-time “route drivers” to restock discs. By Christmas 2006, they had 600 kiosks in 19 states. Revenue hit $8 million. Losses hit $2.1 million.
The kiosks themselves were ground into plastic pellets. But the funding term sheets—the liquidation preferences, the ratchets, the vendor notes—remain, preserved in SEC filings, a quiet monument to the last time anyone thought renting a disc from a parking lot was a winning bet. DVD Play Funding is a valuable resource for
Long before the kiosk wars, DVDPlay was the side project of Mark and Sharon Phillips, two serial entrepreneurs who had made a small fortune in the Oregon wine distribution business. Their first machine—a clunky, beige box that held 300 discs and required a customer to swipe a credit card and manually return the DVD to a slot—was funded with $80,000 of their own savings.
The funding was deployed to launch (a kiosk that also rented Blu-rays) and a doomed pilot program with 7-Eleven to put mini-kiosks (200 discs) on convenience store counters. Both failed. The 7-Eleven pilot cost $800,000 and generated $42,000 in revenue over six months.
The funding had bought growth, but not profitability. No round occurred
By early 2011, DVDPlay was burning $400,000 per month. Redbox’s market share hit 38% of all physical rentals. Netflix’s streaming service had 23 million subscribers. DVDPlay had no strategic buyer—Redbox didn’t want the technology, and Coinstar wasn’t interested.
In January 2012, DVDPlay filed for Chapter 7 liquidation. Total capital raised across all rounds and debt: . Total recovered for secured creditors: $3.1 million (mostly from selling kiosks for scrap metal and disc inventory to a liquidator in Texas). Unsecured creditors, including the Oregon drivers who had been paid in stock options, received nothing.