07-25-2007, 07:05 PM
They are getting killed by the new blockbuster model.
The convenience of having B&M stores to return your movies and being able to exchange them for current films is a better and more sustainable model that netflix will never be able to duplicate.
That being said, blockbuster is still hemorrhaging money. $49 million in the first quarter alone. And there are rumors that BB will be raising the price of their service soon.
By the time online movie distribution happens both may be in their graves.
BTW - Netflix has a better movie selection but blockbuster wins with their ability to double my movie intake. It is almost too many movies at one time.
The convenience of having B&M stores to return your movies and being able to exchange them for current films is a better and more sustainable model that netflix will never be able to duplicate.
That being said, blockbuster is still hemorrhaging money. $49 million in the first quarter alone. And there are rumors that BB will be raising the price of their service soon.
By the time online movie distribution happens both may be in their graves.
BTW - Netflix has a better movie selection but blockbuster wins with their ability to double my movie intake. It is almost too many movies at one time.