Blockbuster Threatened Now By Major Retail Chains
 

This is the best news I've heard in a long time. They bully studios and edit their films.
What goes around comes around.




Blockbuster Threatened Now By Major Retail Chains


"Aggressive" pricing of DVDs by major retail chains like Best Buy, Circuit City, Wal-Mart, Target, and Costco -- where the discs are sometimes employed as "loss leaders" -- poses a significant challenge to Blockbuster, the nation's largest video rental chain, the Los Angeles Times observed today (Monday). Noting that the average owner of a DVD player buys about 15 DVDs a year, Ben Feingold, chief of Sony's Columbia TriStar Home Video unit, commented: "That's the bigger issue for a Blockbuster." (DVD sales totaled $905.5 million at Wal-Mart, but only $160 million at Blockbuster.) The company quoted from an SEC filing in which Blockbuster acknowledged that competition from the retail chains "has increased consumer interest in purchasing movies on DVD and has reduced the advantage to home video retailers." Meanwhile, today's Daily Variety reported that spending on home video purchases and rentals was up 13.3 percent to $8.79 billion during the first half of the year.

:lol:

I read that this morning at the IMDB, it made me smile :)

Can't imagine any of us are "average" - I buy at least that many in a month! ;)

I suppose we can justifiably refer to ourselves as "above average" now. :)

Re: Blockbuster Threatened Now By Major Retail Chains
 

Umm... no... that was last week :)

Hehhee, 15 DVDs a year. I have double that on order. I'm not bragging, though since many are long off preorders, and I know others with 50+ on order. Oh well. LONG LIVE DVD!!!

"Who watches the same movie twice?"

:rolleyes:

Or whatever Blockbuster's lame slogan was a few months ago.

Obviously more people than they thought!

Blockbuster.......for you......


{Pedro}
My tears, they flow like waterfalls....
{/Pedro}



:rolleyes:

woo hoo!!!

Wal-Mart is my DVD bitch. I know you people trash them, but if more of you shopped there, they might expand their horizons. And if you made sure to buy the widescreen version, we could swing the vote back our way.

The sun has risen, the clouds are gone, birds are singing, and Blockbuster is going down the drain! I still remember those ads on the sides of the buses from a couple of months ago, "Rent 4 DVDs for the price of one." Ha!

Die BlockBuster Die!

Actually that buy 15 a year might describe me right now... Havent watched a ton recently, and the only thing I have on order right now isn't coming out till November (I think we all know what title that is :) )

Brian

BlockBuster.............................................................................



GOOD RIDDANCE!!!!!!!

One less sub company of Paramount I have to deal with :rolleyes:
They can leave and take their 'Be Kind,Rewind' stickers with em'!

You guys may think this is funny now but I doubt you'll be laughing later. The way I see this playing out (and I could be wrong) is that Blockbuster will increase the pressure to get that rental window they've been wanting. And I'll bet they succeed.

Dont matter,they will still have high prices.
Plus,Hollywood Video offers more,for less.

Maybe Blockbuster is starting to realize that charging $4 for every dvd rental isn't such a great idea.

Exactly...they will whine and b*tch about people buying rather than renting and they will push for a rental window so that they dont have to compete. Blockbuster has no intentions of competing...if they did, they would drop rental prices to $2-$3 and give Joe Blow a reason to rent first.

In my old hometown of Coeur d'Alene, Idaho, (pop. about 30,000) the only blockbuster store closed about six years ago. A guy who worked there said it was because competition was too tough with the local stores and the local Hastings store.

I only wish they had Hastings in the Seattle area. Those stores ruled.

Yeah i can see it now:

"Umm Mr. Movie studio, i realize your making millions of dollars off selling these DVD's to consumers but could you stop doing that and go back to a rental window so we can make millions as well?"

The sooner Blockbuster goes under the better!

Average 15 dvd's a Year?? I don't think they have heard of us hardcore dvd addicts yet.

Blockbuster can take their "Are You Really Going to Watch That DVD More Than Once?" slogan and stick it where the sun don't shine...Hoo-Hah!

Glad others feel the way I do.
Go away Blockbuster. Its like the school bully that finally has to be given a big bunch so he goes away.

I think there pre viewed movies are way too much too. There like 17.00 for a used copy. You can get a new one for that.