Netflix May Already Be Killing Blockbuster? 302
Mattintosh writes "A blogger at C|Net takes a moment to consider the impact Netflix has had on Blockbuster. Some notable highlights include heavy losses ($35 million), job cuts ($45 million worth), and store closings: 'Much like the print media and retail stores refusing to change, Blockbuster has been a victim on an online company finding new and inventive ways of bringing a product to a customer. And due to its size and outdated corporate culture, there really is no salvation for Blockbuster at this point. Try as it might, the future of Blockbuster is bleak, at best. Sure, the company still enjoys revenue that climb into the billions of dollars, but with an ever-increasing net loss and a public refusal to focus on Total Access--the area where Netflix continues to dominate--what is the impetus for us to jump on the Blockbuster bandwagon?'"
Netflix confirms it! (Score:5, Funny)
What rock have editors/bloggers been living under? (Score:3, Funny)
What rock have editors/bloggers been living under? This may have been news say...4 years ago. Blockbuster launched a service like Netflix in 2004-ish (that's 3 years ago) and since then, well since then who cares, because pretty much everyone I know switched over to, um, digital downloads.
Seriously, a Netflix PR blog-vert in 2007?
Re:Damn (Score:3, Funny)
Re:My only problem with neflix (Score:5, Funny)
Re:Thank Big Tel/Cable (Score:4, Funny)
Worst online video service ever.